Earls Drive, Gateshead, NE9 6AA

Property Overview

3-bedroom mid-terrace house on Earls Drive, Gateshead, NE9 6AA. The property is arranged over two floors and has front and rear gardens.

• Tenure: Freehold
• EPC: D
• Council Tax: Band C
• Guide Price: £275,000+

Accommodation

Entrance hall, lounge, dining room, kitchen, first-floor landing, main rear bedroom with dressing room and en suite shower room, two further front bedrooms and family bathroom.

The property has an enclosed front garden with seating areas and an enclosed rear garden with covered seating area and storage.

Location

Situated in Low Fell, Gateshead.

Tenure & Key Information

• Freehold
• Occupancy status: not provided
• Seller advises mains gas, electricity, water and sewerage are provided
• Seller advises very low risk of surface water flooding
• Lease, parking and heating information: not provided

Auction & Buyer Charges

• Auction date: 30 September 2026
• Guide Price: £275,000+
• Administration Charge: £2,000 plus VAT (£2,400 total), payable by the successful buyer
• If the buyer chooses a North East-based solicitor from the auctioneer’s panel, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480)
• Auction time and buyer premium: not provided

Investment Analysis

HB estimates: No HB estimated market value, GDV, refurbishment cost, rent, gross yield or maximum bid has been supplied.

HB assessment: Evidence is limited and highly inconsistent. Completed sales on Earls Drive range from £104,000 in June 2023 to £420,000 in October 2018, with the other sales dating from 2010 and 2017. These comparables do not provide a reliable basis for confirming the £275,000+ guide price, and no condition, occupancy or rental evidence is supplied.

The £2,400 auction administration fee must be allowed for separately. This is an HB estimate and assessment, not a formal valuation.

Sold Comparables

Source: HM Land Registry sold data supplied for Earls Drive.

Address	Price	Sold date	Type	Tenure
1, Earls Drive, Gateshead, NE9 6AA	£104,000	9 June 2023	Terraced	Freehold
60, Earls Drive, Gateshead, NE9 6AA	£420,000	17 October 2018	Terraced	Freehold
38, Earls Drive, Gateshead, NE9 6AA	£216,300	28 July 2017	Terraced	Freehold
58, Earls Drive, Gateshead, NE9 6AA	£194,000	7 May 2010	Terraced	Freehold
1, Earls Drive, Gateshead, NE9 6AA	£115,100	9 January 2007	Terraced	Freehold

Rental Evidence

No advertised rental evidence, auctioneer estimated rent or passing rent has been supplied. Rent and yield cannot therefore be calculated. Any asking or estimated rent would not represent achieved or passing rent.

Strategy & Risks

HB recommended strategy: Do not bid above the £275,000+ guide without independent inspection, valuation and rental evidence. Treat the £2,400 administration fee as an additional acquisition cost.

• Highly variable and limited completed-sale evidence
• Most comparable sales are materially dated, with the latest recorded sale at £104,000 in June 2023
• No condition or refurbishment information is supplied
• Occupancy status is not provided
• No rental evidence or passing rent is supplied, so yield cannot be calculated
• £2,400 auction administration fee payable by the successful buyer