Two Ball Lonnen, Newcastle Upon Tyne, NE4 9RU

Property Overview

For sale by auction, this three-bedroom semi-detached house is located in Fenham, Newcastle upon Tyne, and is offered with vacant possession. The property has gardens to the front, side and rear, together with a driveway.

Accommodation

• Ground floor: entrance hallway, lounge, kitchen, bathroom and separate WC.
• First floor: landing and three bedrooms.

Location

Situated close to local public transport routes to and from Newcastle city centre and the MetroCentre, with easy access to the A1 and A69.

Tenure & Key Information

• Tenure: Freehold.
• Occupancy: Vacant possession.
• EPC: C.
• Council Tax: Band A.
• Parking: Driveway.
• Seller advises mains gas, electricity, water and sewerage are connected. The supplied information identifies a high risk of surface water flooding.
• Lease and heating details: not supplied.

Auction & Buyer Charges

• Guide Price: £115,000+.
• Auction date: 30th September 2026.
• Auction time and buyer premium: not supplied.
• Auction administration fee: £2,000 plus VAT, totalling £2,400, payable in addition to the bid.
• If a panel solicitor is used following referral, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480).

Investment Analysis

HB estimate: estimated GDV/market value of £112,500, based on the simple average of the two most recent supplied semi-detached freehold sales on Two Ball Lonnen, at £105,000 and £120,000. This is an estimate and not a formal valuation.

• HB estimated rent range: £1,150–£1,400 pcm, based on advertised asking-rent evidence only. These are not achieved or passing rents.
• HB estimated gross yield range: 12.27%–14.93%.
• HB estimated maximum bid: £110,100, calculated as the estimated market value less the supplied £2,400 auction administration fee, before any unprovided costs or refurbishment.
• The £115,000+ guide is above the HB estimated maximum bid and would exceed the estimated market value before the administration fee.
• Auctioneer estimated rent: not supplied.

Sold Comparables

The following supplied sold comparable data relates to semi-detached freehold properties on Two Ball Lonnen. It is separate from the subject property facts.

Property	Sale Price	Sale Date	Type	Tenure
124, Two Ball Lonnen, Fenham, Newcastle upon Tyne, Newcastle upon Tyne, NE4 9RU	£105,000	20th December 2023	Semi-Detached	Freehold
132, Two Ball Lonnen, Fenham, Newcastle upon Tyne, Newcastle upon Tyne, NE4 9RU	£120,000	1st February 2023	Semi-Detached	Freehold
132, Two Ball Lonnen, Fenham, Newcastle upon Tyne, Newcastle upon Tyne, NE4 9RU	£121,500	2nd September 2010	Semi-Detached	Freehold
124, Two Ball Lonnen, Fenham, Newcastle upon Tyne, Newcastle upon Tyne, Newcastle upon Tyne, NE4 9RU	£120,000	19th October 2007	Semi-Detached	Freehold
136, Two Ball Lonnen, Fenham, Newcastle upon Tyne, Newcastle upon Tyne, Newcastle upon Tyne, NE4 9RU	£117,000	6th June 2006	Semi-Detached	Freehold

Rental Evidence

• Newminster Road, Newcastle upon Tyne, NE4: advertised asking rent of £1,150 pcm (£265 pw) for a three-bedroom semi-detached house. This is the more relevant supplied rental comparison.
• Wayside, Newcastle upon Tyne, NE15: advertised asking rent of £1,400 pcm for three bedrooms. The supplied evidence identifies the property type as Flat/Apartment despite the listing description referring to a semi-detached house, so it has weaker relevance.

Both figures are advertised asking rents only and are not achieved or passing rents.

Strategy & Risks

HB estimate: cap the bid at £110,100. This keeps the bid plus the known £2,400 administration fee at approximately the indicated estimated market value, before any unprovided costs or refurbishment.

• Limited comparable evidence, with only two recent sales supplied and no detailed specification or condition information.
• The estimated value is based on a simple average of comparable sales and may not reflect the subject property's condition or exact position.
• Rental figures are advertised asking rents, not achieved rents; the £1,400 listing has weaker relevance and conflicting property-type evidence.
• No refurbishment, legal, finance, insurance, tax or other acquisition costs were supplied.
• The £2,400 administration fee is payable in addition to the bid.