This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£20,000
3 bedroom Mid Terrace House for sale, Severn Street, Chopwell, Tyne and Wear, NE17
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Features and Description
- Offered For Sale By Auction
- Ideal first-time buyer or rental property
- Three Bedroom Mid Terraced
- Approximate floor area: 89sq.m. / 957.99 sq.ft.
- EPC rating: D
- Council tax band: A
Auction Commencing on Monday 19th October at 1pm and ending 24 hours later on Tuesday 20th October from 11am with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
Spacious three-bedroom terraced property offering approximately 902 sq. ft. of accommodation, a generous rear yard and excellent scope for refurbishment and value enhancement.
Offered for sale by auction is this spacious three-bedroom terraced property situated on Severn Street in the popular village of Chopwell.
We understand that similar properties in the area can achieve rental income of approximately £650 per calendar month, making this an attractive option for investors. The property is located within an area subject to selective licensing. Landlords should make their own enquiries with the relevant local authority regarding the current licensing requirements.
Providing approximately 83.6 sq. metres (902 sq. ft.) of accommodation, the property offers generous room sizes throughout and represents an excellent opportunity for investors, developers or owner-occupiers looking for a property with scope to add value.
The ground floor comprises a spacious living room, a particularly generous kitchen/dining room, useful storage, hallway and a separate utility room to the rear.
To the first floor are three bedrooms together with a family bathroom and landing.
Externally, the property benefits from a substantial enclosed rear yard providing useful outside space, while the attractive traditional stone-built frontage overlooks a pleasant grassed area.
The property would benefit from a programme of cosmetic improvement and modernisation in areas, giving the successful purchaser an opportunity to refurbish to their own specification. Once improved, the property could make an attractive family home or buy-to-let investment.
Severn Street is one of several similar terraces in Chopwell, close to the shops and facilities in the centre of the village, on and around Derwent Street. Situated between the Derwent Valley and the Tyne Valley, there are road links to Newcastle, which is around 11 miles away, as well as nearby countryside walks and cycle trails and further facilities in nearby Blackhall Mill, Rowlands Gill and Consett.
*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 the required suitability criteria.
An excellent opportunity to acquire a substantial three-bedroom property offering generous accommodation and considerable potential for improvement.
Tenure: Freehold
EPC Rating: D
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Severn Street, Chopwell, Tyne and Wear, NE17
Additional Information
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Property refQRW260265
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EPCD
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TenureFreehold
-
Council TaxA
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Local authorityGateshead Council
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Your Move Estate Agents Rowlands Gill
Your Move Rowlands Gill
54 Station Road, Rowlands Gill, NE39 1JH
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