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2 Bed Terraced House, Potential PLO/LOA, Newcastle upon Tyne, NE15 8QH £80,000

The Leazes, Throckley, NE15 8QH - 2 days ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE15
  4. NE15 8QH
Leasehold
Auction
Negative Equity
ROI: 7%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £80,000

-29%

December 4, 2025

Sold for £103,000

2006

Sold for £32,950

1997

Description

  • Investment opportunity +
  • Mid terrace house +
  • Two double bedrooms to the first floor +
  • No onward chain +
  • Spacious lounge +
  • Kitchen/diner with access to the rear garden +
  • Rear yard +
  • Popular location +
  • Tenure: Leasehold, Length of Lease: 999 years from 31st March 1991, EPC Rating: D, Council Tax Band: A +

For sale by auction - Live online Auction 29th January 2026 – Option 1

This two bedroom, one bathroom/W.C terrace home offers fantastic potential. Situated in a popular area, it is ideal for first-time buyers, or investors looking for a strong rental return.
With its location and features, this property presents an appealing investment prospect. With a bit of TLC, you could turn this property into a long-term home for a tenant while bringing in a good rental yield.

This property enjoys a prime location with easy access to essential amenities as well as being approximately 15-minute drive to the Metrocentre or a 19-minute drive to Newcastle City Centre making daily life convenient and hassle-free.

Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee.

Joint Agents: The Agents Property Auction Ltd. Tel . Terms and conditions apply see

Agent Details

Rook Matthews Sayer, West Denton

0191 625 0217

Next Steps?

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

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Cashflows

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