Newsham Road, Blyth, NE24 5QZ

Property Overview

Two-bedroom freehold semi-detached house on Newsham Road, Blyth, NE24 5QZ. The property is described as requiring updating and offers front and rear gardens, with off-street parking to the front.

Accommodation

• Entrance hallway
• Lounge
• Kitchen
• First-floor landing
• Family bathroom
• Two bedrooms
• Rear garden mainly laid to lawn
• Low-maintenance front garden with off-street parking

Location

Located on Newsham Road, Blyth, and described as a short walk from the new train station, the beach and Ridley Park.

Tenure & Key Information

• Tenure: Freehold
• EPC: E
• Council Tax: Band A
• Parking: Off-street parking to the front
• Occupancy: Not supplied
• Seller advises that mains gas, electricity, water and sewerage are provided
• Seller advises very low risk of surface-water flooding

Auction & Buyer Charges

• Guide price: £80,000+
• Auction date: 30 September 2026
• Administration charge: £2,000 + VAT (£2,400 total)
• Under Option 2 terms, the buyer places a £3,000 deposit, which is deducted from the purchase price
• Buyer premium and auction time: Not supplied

Investment Analysis

HB estimate: indicative market value/GDV of £89,000, anchored to the most recent supplied comparable at 90 Newsham Road, which sold for £89,000 in August 2023. The £80,000+ guide is below this latest comparable, although the £2,400 buyer administration charge is payable in addition to the hammer price.

HB gross-yield estimates on the £89,000 GDV are approximately 4.7% to 8.8%, based on the supplied rental evidence. These are estimates, not formal valuations. Rental figures are advertised asking rents and are not achieved or passing rents.

Sold Comparables

Property	Sale price	Sale date	Type	Tenure
90, Newsham Road, Blyth, NE24 5QZ	£89,000	31 August 2023	Semi-Detached	Freehold
114, Newsham Road, Blyth, NE24 5QZ	£107,500	21 May 2021	Semi-Detached	Freehold
102, Newsham Road, Blyth, NE24 5QZ	£79,950	9 December 2016	Semi-Detached	Freehold
114, Newsham Road, Blyth, Blyth Valley, NE24 5QZ	£88,000	23 June 2006	Semi-Detached	Freehold
88, Newsham Road, Blyth, Blyth Valley, NE24 5QZ	£69,000	24 February 2006	Semi-Detached	Freehold

Source: supplied HM Land Registry sold data. Condition, floor area and specification were not supplied.

Rental Evidence

• £650 pcm: advertised asking rent for flats/apartments in NE24 generally, Rightmove.
• £350 pcm: advertised asking rent for a two-bedroom flat in Shilbottle, Northumberland.

This rental evidence is limited, advertised rather than achieved, and not directly comparable to this house. No auctioneer estimated rent was supplied.

Strategy & Risks

HB estimate: cautious maximum hammer bid of £80,000, subject to legal, condition and title review. At £80,000, the supplied administration charge produces a known minimum purchase cost of £82,400 before any other acquisition costs. Do not rely on the upper rent estimate without evidence specific to this house; confirm achievable local rent and condition before bidding.

• No occupancy information supplied, so vacant possession or tenancy status is unconfirmed.
• No condition, internal inspection or refurbishment information supplied; refurbishment costs cannot be estimated reliably.
• Rental evidence is limited, advertised rather than achieved, and includes flats and a different location.
• The latest comparable is from 2023, so current market value is uncertain.
• The £2,400 administration charge is payable in addition to the hammer price; no other buyer costs were supplied.