Blue Row, Carrshield, NE47 8AR

Property Overview

Blue Row, Carrshield, NE47 8AR. A vacant, stone-built mid-terraced cottage believed to date from the nineteenth century, with three bedrooms and dramatic open views across rolling countryside to the front and rear. The property is in need of major renovation, with early vacant possession assured.

Accommodation

• Entrance lobby and hallway
• Beamed lounge with fireplace and open grate
• Kitchen, utility and WC
• Landing, three bedrooms and bathroom
• Third bedroom accessed via the bathroom
• Mature front garden

The property shares a parting wall with No. 3 Blue Row. The clients previously created a doorway, no longer present, combined both properties and used them as one large house.

Location

Wonderful rural location with dramatic open views across rolling countryside to both front and rear.

Tenure & Key Information

• Tenure: Unregistered – to be advised
• Occupancy: Vacant
• EPC: F
• Council Tax: Band A
• Heating: Solid fuel
• Services: Seller advises mains electricity, water, solid fuel and sewerage
• High risk of surface water flooding

Auction & Buyer Charges

• Guide Price: £80,000+
• Auction date and time: Not supplied
• Buyer premium: Not supplied
• Administration charge: £2,000 + VAT, being £2,400 including VAT, payable by the successful buyer
• Other fees: Not supplied

Investment Analysis

HB estimate: the supplied evidence is insufficient to establish a reliable current market value or GDV. The £80,000+ guide price cannot be independently validated from the supplied evidence. No refurbishment, rent, yield, cash-flow or maximum-bid estimate is available.

HB estimate: allow for the £2,400 administration charge in any bid calculation. Do not proceed on an income-investment basis until achievable rent and condition are confirmed.

Sold Comparables

HM Land Registry sold data supplied:

Property	Price	Date	Type	Tenure
4 Blue Row, Carrshield, Hexham, Tynedale, NE47 8AR	£38,500	26 November 2001	Terraced	Freehold
4 Blue Row, Carrshield, Hexham, Tynedale, NE47 8AR	£30,000	6 October 1995	Terraced	Freehold

These historic same-address sales are insufficient to establish a reliable current market value or GDV.

Rental Evidence

No advertised rental evidence or auctioneer estimated rent was supplied. Asking or estimated rent should not be treated as achieved or passing rent.

Strategy & Risks

HB estimate: treat the guide price as unverified and obtain current local sales and rental evidence, together with a full viewing, before bidding.

• Supplied sales evidence is limited to 1995 and 2001.
• No rental comparables or auctioneer rent estimate were supplied, so yield and cash flow cannot be assessed.
• Property condition and refurbishment requirements are not evidenced.
• Tenure is unregistered and stated to be advised, creating title and legal due-diligence risk.
• The buyer premium is not supplied and could affect total acquisition cost.
• Vacant possession is stated, but no further occupation or services information is provided.
• High risk of surface water flooding.