Guide price
£100,000
Detached house for sale70-72 Derwent Street Chopwell North, Chopwell, Tyne And Wear NE17
Auction
About this property
For sale by online auction on Tuesday, 29 Jul 2025 ending at 14:34
Workshop To Be Sold With Vacant Possession.
Potential To Change Use To Residential.
Layout Allowing For Conversion Into Houses / Apartments.
Guide £100,000 - £150,000
Interested buyers could take inspiration from the neighbours who converted the former site of Kings Cinema in 2002 to a stunning five bed detached residential house which was listed on the market for £575,000 back in 2023.
At the guide price, there is a good profit margin to be made for buyers looking at the plot as a residential development.
Chopwell lies in the heart of the Derwent Valley, nestled in the centre of a triangle between Newcastle, Hexham and Durham with the famous Chopwell Woods on its doorstep.Tenure: FreeholdEPC Rating: tbc
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Workshop To Be Sold With Vacant Possession.
Potential To Change Use To Residential.
Layout Allowing For Conversion Into Houses / Apartments.
Guide £100,000 - £150,000
Interested buyers could take inspiration from the neighbours who converted the former site of Kings Cinema in 2002 to a stunning five bed detached residential house which was listed on the market for £575,000 back in 2023.
At the guide price, there is a good profit margin to be made for buyers looking at the plot as a residential development.
Chopwell lies in the heart of the Derwent Valley, nestled in the centre of a triangle between Newcastle, Hexham and Durham with the famous Chopwell Woods on its doorstep.Tenure: FreeholdEPC Rating: tbc
Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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