Guide price

£15,000

2 bed terraced house for sale
8 Hollings Terrace Chopwell, Newcastle Upon Tyne, Tyne And Wear NE17

    • 2 beds

  • EPC Rating: C

Auction
Added on 31/03/2026

About this property

    For sale by online auction on Tuesday, 21 Apr 2026 ending at 13:18

    for sale via national online auction on Monday 20th April at 1PM with

    For sale by auction is this vacant two-bedroom terraced house, in a consistently strong rental and resale location within NE17.

    The property extends to approximately 76 m2 (937 sq ft) as per the recent EPC. The accommodation is arranged over two floors and offers well-proportioned rooms. With a Living Room and a Kitchen-Diner to the ground floor. 2 Bedrooms and a Bathroom to the first floor.

    Externally, there is a rear yard, a front garden, and on-street parking available close to the property.

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    Investment/Rental opportunity

    Once renovated, we expect an achievable rental income of £600pcm / £7,200 pa.

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    Family Resale / Flip

    The property also presents a strong flip opportunity. The adjoining property has reportedly sold for approximately £80,000 following modernisation and is presented as a well-finished family home. This demonstrates clear resale demand within the immediate terrace.

    With refurbishment and internal reconfiguration, the property could be repositioned as a high-quality two-bedroom family dwelling.

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    Loft Conversion Potential

    There is further scope to explore a loft conversion (subject to the necessary consents), which could significantly increase both rental income and resale value.

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    Investment Rationale

    NE17 remains a well-established location popular with:

    • Young professionals

    • Students

    • Working tenants

    • Owner-occupiers

    The area benefits from strong transport links and convenient access to key employment hubs in the North East.

    Following refurbishment, the property offers:

    • Strong gross yield potential

    • Attractive resale comparables (flip strategy)

    • Long-term capital growth prospects

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    Tenure

    Assumed Freehold

    Vacant Possession

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    Auctioneer’s Note

    This property

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    Additional Fees
    Administration Charge - Administration Charge is a non-refundable £3,600 inc VAT payable on 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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