Prince Consort Road, Hebburn, NE31 1DS

Property Overview

A well-proportioned two-bedroom first floor flat on Prince Consort Road, Hebburn, offering spacious and versatile accommodation. The property is leasehold and has an EPC rating of C and Council Tax Band A.

• Address: Prince Consort Road, Hebburn, NE31 1DS
• Property type: 2 Bedroom Flat
• Tenure: Leasehold
• Occupancy: Not supplied

Accommodation

Entrance leading to hallway and first floor landing; two bedrooms; lounge; separate kitchen; bathroom; and private yard to the rear.

Location

Situated on Prince Consort Road in Hebburn, with convenient access to local shops, supermarkets, cafés, takeaways and public houses. Further shopping facilities are available in Hebburn town centre.

Tenure & Key Information

• The lease term is 99 years from 21 December 1982.
• EPC: C
• Council Tax: Band A
• Seller advises that mains gas, electricity, water and sewerage are provided.
• Parking and heating information have not been supplied.

Auction & Buyer Charges

• Guide Price: £30,000+
• Auction date: 30 September 2026
• Auction administration fee: £2,000 plus VAT, totalling £2,400, payable by the successful buyer.
• If using a recommended 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).

Investment Analysis

HB estimate: estimated GDV is £67,250, based on the supplied comparable evidence. This is an indicative benchmark and not a formal valuation.

• HB estimated rent: £675 to £800 pcm.
• HB estimated gross yield: 12.06% to 14.28%, calculated against the estimated GDV only.
• No reliable refurbishment allowance or maximum bid can be calculated because condition, lease details, service charges, ground rent and other acquisition information have not been supplied.
• The £2,400 auction administration fee must be allowed for separately.

Sold Comparables

HM Land Registry sold data supplied for leasehold flats/maisonettes:

Property	Sold Price	Sold Date	Type	Tenure
111, Prince Consort Road, Hebburn, NE31 1DS	£67,250	24 March 2025	Flat/Maisonette	Leasehold
135, Prince Consort Road, Hebburn, NE31 1DS	£63,960	21 August 2024	Flat/Maisonette	Leasehold
135, Prince Consort Road, Hebburn, NE31 1DS	£79,950	21 August 2024	Flat/Maisonette	Leasehold
101, Prince Consort Road, Hebburn, NE31 1DS	£70,000	16 December 2022	Flat/Maisonette	Leasehold
105, Prince Consort Road, Hebburn, NE31 1DS	£40,000	10 November 2017	Flat/Maisonette	Leasehold

The comparable evidence includes two different prices for the same property and date. The 2017 sale is less relevant to the HB estimate.

Rental Evidence

The following is advertised asking-rent evidence for two-bedroom flats/apartments in Hebburn. These figures are not achieved or passing rents.

• £675 pcm — Rightmove, NE31 1XW.
• £695 pcm — Rightmove.
• £800 pcm — Flats to rent in Hebburn, Tyne and Wear.
• £800 pcm — OnTheMarket.

No auctioneer estimated rent was supplied.

Strategy & Risks

HB estimate: treat £67,250 as an indicative GDV benchmark rather than a valuation. Proceed only after reviewing the legal pack, lease length, charges, condition and occupancy. Do not set a maximum bid until refurbishment and all acquisition costs are known; allow for the £2,400 administration fee if bidding.

• Condition and refurbishment requirements are not evidenced.
• Lease length, ground rent, service charge and other lease liabilities are unknown.
• Occupancy status is not supplied.
• Rental figures are advertised asking rents rather than achieved rents.
• The comparable evidence includes two different prices for the same property and date.
• The £2,400 auction administration fee is payable by the successful buyer.
• No reliable maximum bid can be calculated without costs, condition and investment assumptions.