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Chesterton, Newcastle ST5 3 bed terraced house for sale
Chesterton, Newcastle ST5
£80,000
Chesterton, Newcastle ST5
£80,000
Our Summary
- Guide Price £80,000-£95,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 8th January 2026Mid Terrace3 BedroomsInvestment OpportunityTenanted£500 pcm/£6,000 paLocal shops, schools and transport links nearby*Guide Price £80,000-£95,000*We are pleased to offer for sale by auction, this 3 bedroom mid terrace property, which is currently let at £500 pcm/£6,000 pa, which equates to a 7
- TenureFreehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
This mid-terrace property is being sold by online auction on January 8th, 2026, with a guide price of £80,000-£95,000 plus fees. The property has three bedrooms and is currently tenanted, generating £500 per month or £6,000 per annum, which represents a 7.5% yield based on the lower guide price. The property is situated in an area with local shops, schools, and transport links nearby. The buyer will be required to pay a 10% deposit (minimum £5,000) and a buyer's administration fee of £1,200 plus VAT, with contracts being exchanged and a completion deadline of 28 days following the auction. Registration is now open for potential buyers to register and bid on the property.