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3 Bed Terraced House, Cash/Bridging Only, Newcastle upon Tyne, NE17 7DB £55,000

Thames Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 7DB - 6 views - 4 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE17
  4. NE17 7DB
Sold STC
Cash
Negative Equity
ROI: 7%
~75 m²

ValuationUndervalued

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE17
  • More Cash/Bridging Only Deals
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  • More Cash/Bridging Only Deals in NE17

Property History

Listed for £55,000

-9%

August 12, 2025

Sold for £59,950

2004

Floor Plans

Description

  • Three-bedroom Mid Terraced House +
  • Buy-to-let opportunity +
  • Spacious Kitchen Dining Room +
  • Approximate floor area: 74sq.m./797sq.ft. +
  • EPC Rating C +
  • Council tax band: A +

This well-presented three-bedroom mid-terraced home should appeal to a wide range of buyers, from first-time buyers to investors seeking a rental opportunity.

Similar properties in the area let for around £650 PCM, depending on condition, offering strong rental potential.

The property opens with an entrance porch leading into a welcoming living room, featuring a stylish fireplace with an electric fire. To the rear, a spacious kitchen/dining room is fitted with a range of wall and base units, an electric oven, electric hob, and space for a dishwasher, with direct access to the rear yard. A separate utility room offers plumbing for a washing machine, while the ground-floor bathroom comprises a three-piece suite with an over-bath shower.

The first floor offers three bedrooms: one double and two singles. Bedroom One houses a combi boiler, installed approximately four years ago, with full service history and a 10-year warranty. Bedroom Three provides access to the loft space via a pull-down ladder, and the landing includes a built-in storage cupboard.

Externally to the front of the property is a pleasant communal green area, while to the rear lies an enclosed, gated yard with useful shed storage.

Thames is situated off South Road, which is itself off Derwent Street in the centre of Chopwell village, where there are convenience stores and some local amenities. There are road links to Newcastle, which is around 11 miles away, as well as nearby countryside walks and cycle routes and further facilities in nearby Blackhall Mill, Rowlands Gill and Consett.

* Agent’s Note –
Buy-to-let investors should note that there is a selective licensing scheme being introduced in Chopwell from June 2025. Your Move Chris Stonock provide a comprehensive lettings service and we would be happy to provide further advice on current rental values for terraced houses in the Chopwell area and discuss the different options and levels of lettings service that we can provide for landlords. If you are looking to purchase this property with a buy-to-let mortgage, we recommend that you seek confirmation from the lender that the property/location fits within their required suitability criteria.

MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain. Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

QRW250244/2

Agent Details

YOUR MOVE Chris Stonock, Rowlands Gill

01207 265930

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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