Durham Drive, Jarrow, NE32 4TG

Property Overview

Offered for sale with vacant possession, this three-bedroom freehold terraced house on Durham Drive, Jarrow, NE32 4TG, has been extended to the ground floor and benefits from a conservatory, double-glazed windows, gas central heating, two reception rooms, a ground-floor WC, garage and gardens.

Accommodation

Entrance hall, separate WC, dining room, kitchen, utility room and conservatory to the ground floor. The first floor comprises three bedrooms and a bathroom.

Location

The property is located in Jarrow, postcode NE32 4TG.

Tenure & Key Information

• Tenure: Freehold
• Occupancy: Vacant
• EPC: D
• Council Tax: Band B
• Parking: Garage
• Heating: Gas central heating
• Services: Seller advises mains gas, electricity, water and sewerage. None of the services have been tested.
• Lease: No information supplied

Auction & Buyer Charges

• Guide price: £99,950+
• Auction date: 30 September 2026
• Auction time: Not supplied
• Buyer premium: Not supplied
• Administration charge: Option 2 terms state a £2,400 + VAT administration fee. The disclaimer states a £2,000 + VAT auction administration fee, totalling £2,400.
• Other fee: £3,000 deposit under Option 2 terms, deducted from the purchase price.

Investment Analysis

HB estimates only: no completed-sale comparables or refurbishment information were supplied, so market value and GDV cannot be reliably estimated.

• HB estimated rent: £750 pcm
• HB estimated gross yield at the guide price: approximately 9.0% before costs
• HB estimated gross yield including the stated £2,400 auction administration fee: approximately 8.8%
• HB estimated gross yield range: 9.01% to 9.01%
• HB estimated refurbishment allowance: Not available
• HB estimated maximum bid: Not available

Sold Comparables

No HM Land Registry sold comparables were supplied.

Rental Evidence

One advertised asking rent of £750 pcm was identified on Rightmove for a three-bedroom flat/apartment in Jarrow. This is advertised asking rent, not achieved or passing rent, and is not directly comparable to a terraced house.

Strategy & Risks

HB analysis recommends proceeding only subject to independent inspection, legal review and confirmation that the £99,950+ guide price remains compatible with the required return. Treat £750 pcm as an HB rent indication only, based on a single advertised flat rental comparable.

• No HM Land Registry sold comparables were supplied.
• Rental evidence is limited to one advertised asking rent and relates to a flat rather than a terraced house.
• The £2,400 auction administration fee reduces the effective gross yield.
• No refurbishment, condition or compliance information was supplied.
• The guide price is stated as £99,950+ and may not represent the eventual purchase price.
• No evidence supports a reliable maximum bid or refurbishment allowance.