39-41 Ramsay Street High Spen, Rowlands Gill, Tyne And Wear, NE39 2EJ
Lot 104 · NE39 2EJ · Auction House North East · North East
Pre-bid risk check
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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 D
No listing-level EPC red flag, subject to official certificate expiry and address match.
medium confidence, Auction listing enrichment
Freehold listed
The listing indicates freehold tenure. Confirm against title and special conditions.
medium 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
Investor angles
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