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Guide price

£15,000

2 bed terraced house for sale
27 Tweed Street Chopwell, Newcastle Upon Tyne, Tyne And Wear NE17

    • 2 beds

Auction
Added on 03/12/2025

About this property

    For sale by online auction on Tuesday, 13 Jan 2026 ending at 13:30

    A compact terrace with big investment potential.

    For Sale by Auction – Ideal Investment Opportunity

    Located in the heart of Chopwell, this two-bedroom mid-terrace property offers an excellent opportunity for investors, developers, or first-time buyers seeking a project with strong potential. The property is available for sale by auction and is well-suited for refurbishment and resale or long-term rental.

    The accommodation is arranged over two floors and briefly comprises:

    Ground Floor:

    -Entrance leading into a spacious living room

    -Galley-style kitchen to the rear with access to the yard

    First Floor:

    -Two bedrooms

    -Family bathroom

    Externally, the property benefits from a private rear yard, ideal for outdoor storage or seating.

    The home features uPVC double glazing, gas central heating, and a traditional layout commonly sought after in the rental market. While the property would benefit from a programme of cosmetic updating, it offers a solid base with excellent scope to add value.

    Situated within a well-established residential area, Chopwell provides access to local amenities, schools, public transport links, and surrounding countryside, making it appealing to both tenants and owner-occupiers.

    Key Features:

    -Two-bedroom mid-terrace house

    -Spacious living room

    -Rear yard

    -Double glazing & gas central heating

    -Potential for high rental yield

    -Ideal buy-to-let or renovation project

    -Sold by auction

    Early viewing is strongly recommended to appreciate the potential this property has to offer.Tenure: FreeholdEPC Rating: ordered

    Portrait Video Tour
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    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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    Monthly repayment

    £75 per month

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    The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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