39-41 Ramsay Street High Spen, Rowlands Gill, Tyne And Wear, NE39 2EJ

Lot 104 · NE39 2EJ · Auction House North East · North East

£90,000guide price
Mixed-Use
39-41 Ramsay Street High Spen, Rowlands Gill, Tyne And Wear, NE39 2EJ
Photo: Auction House North East catalogue

Pre-bid risk check

Check public-data risks before you chase this lot.

Two signals already stand out. The £19 pack checks them against official sources, then adds planning, licensing, flood, sold-price context and our own repeat-lot history. It is not a legal opinion.

EPC not confirmed

The listing does not show a clean EPC rating. The full pack checks the official register by address.

low confidence, Auction listing enrichment

Tenure not captured

The full pack should confirm freehold, leasehold, or mixed tenure from the legal pack.

not verified confidence, Auction listing

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About this lot

Mixed Use

A fantastic investment property, offering dual income generating potential, having a commercial unit with a rental potential of £5000 per year and a very large well appointed three bedroom home with a rental value of around £9000 per year, a total of £14,000. There is also an option to title split to maximise the re sale potential making this a very interesting investment property, for those with big ambitions the commercial unit could be converted to become a residential property subject to obtaining any necessary consents. Externally an enclosed courtyard offers parking and there is a storage unit with potential for letting or possible accommodation conversion ( As storage £1200 per year estimated) for even more income from this one combined purchase. Perfect for operating your own business whilst living on site , the possibilities are many and varied and buyers are urged to consider the phenomenal yield possible with the safety of multiple revenue streams and future proofed resale values, located just over 12km to Newcastle International Airport and 7km to the Metro Centre, train station , other High Street amenities including bus routes and road links to nearby Newcastle city centre. SHOP PREMESIS Shop Unit 4.67m x 3.91m Rear Commercial Kitchen 4.4m x 3.67m HOUSE - Lounge 5.64m x 3.88m Dining Room 4.85m x 3.9m Kitchen 4.6m x 2.58m Ground Floor Bathroom Utility Room 3.5m x 1…

From the Auction House North East listing. Read the full listing and legal pack →

Key facts

104Lot number
Mixed-UseUse class

Recent sold prices nearby

12 registered sales in this postcode sector over the last two years, straight from HM Land Registry. What nearby properties actually sold for — not what they were guided at.

5 OL** TE*****NE39 2NE£63,000
45A RA**** ST****NE39 2EJ£94,000
5 OL** TE*****NE39 2NE£50,000

9 more sales with full addresses, sale dates and prices — including any prior sale of this exact lot.

Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Sales typically register 6–12 weeks after completion, so very recent transactions may not yet appear.

Renovation upside in NE39

Evidence from 42 properties in this postcode district that sold twice with material uplift — the signature of value-add work between sales.

+65.2%median uplift
£39,750typical value added
3.7 yearstypical hold period

See 42 example projects — real before/after sale pairs with postcodes, prices and dates. Plus the planning applications that likely explain each uplift.

Derived from 42 registered sale pairs in NE39 where the property gained ≥15% between two arms-length sales (HM Land Registry Price Paid data, OGL v3.0). The planning applications visible above may explain individual uplifts. Past performance is not a guarantee of future returns.

Investor angles

Mixed Use

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