Wark, Hexham, NE48 3LB

Property Overview

Brick-built 2-bedroom end-terrace house at Wark, Hexham, NE48 3LB. The property offers character and village living, with a spacious front porch, lounge with central multi fuel stove, rear kitchen, two bedrooms and a family bathroom.

Accommodation

• Lounge: 12'4 max x 12'3 max (3.76m x 3.73m)
• Kitchen: 14'11 max x 6'1 max (4.55m x 1.85m), with breakfast bar and access to the rear lane
• Bedroom One (L Shaped): 12'5 max x 10'1 max (3.78m x 3.07m)
• Bedroom Two: 9'4 max x 6'5 max (3.84m x 1.96m)
• Bathroom: 10'6 max x 6'0 max (3.20m x 1.83m)
• Upper-height storage cupboard and separate linen cupboard

Externally, there is unallocated off-street parking. A right of access to the back door is provided across the neighbour's lane.

Location

Wark is a village on the bank of the North Tyne river. The property is within easy flat walking distance of the village centre, including a cafe, village shop and public house. Road links are noted to Hexham, Bellingham and Kielder.

Tenure & Key Information

• Tenure: Freehold
• EPC: G
• Council Tax: Band B
• Heating: Central multi fuel stove in the lounge
• Services: Seller advises mains electricity, water and sewerage
• Occupancy: Not stated

None of the services have been tested. Water is noted as having medium risk of surface water flooding and high risk from 2040-2060.

Auction & Buyer Charges

• Guide Price: £110,000+
• Auction Date: 30th September 2026
• Option 2 terms state a £2,400 + VAT administration fee. Disclaimer 2 states a £2,000 + VAT Auction Administration Fee, totalling £2,400.
• Under Option 2, the buyer places a £3,000 deposit, which comes off the purchase price.
• Buyer premium: Not supplied

Investment Analysis

HB estimates only: the supplied completed sales are terraced freeholds in Wark, including £265,000 in 2022 and £220,000 in 2017 for the same property, plus £90,000 for another terraced house in 2013. These are not sufficiently detailed or directly comparable to establish a reliable current value for this 2-bedroom end terrace.

The £110,000+ guide price is an auction starting point only and cannot be treated as market value. No HB rental, yield, GDV, refurbishment or maximum bid estimates are available.

HB estimated strategy: obtain the legal pack, inspect condition, confirm occupancy and establish local rental evidence before bidding. Allow £2,400 including VAT for the stated administration fee, with any buyer premium and refurbishment costs still unknown.

Sold Comparables

Source: HM Land Registry sold data supplied.

Property	Sale Price	Date	Type	Tenure
Greenrails, 9 Elliott Terrace, Wark	£265,000	22 August 2022	Terraced	Freehold
Greenrails, 9 Elliott Terrace, Wark	£220,000	2 June 2017	Terraced	Freehold
Dene House, Wark	£90,000	25 November 2013	Terraced	Freehold
Greenrails, 9 Elliott Terrace, Wark	£213,550	9 September 2009	Terraced	Freehold
Greenrails, 9 Elliott Terrace, Wark	£94,000	15 October 2001	Terraced	Freehold

The supplied sales are historic and are not sufficiently detailed or directly comparable to establish a reliable current value.

Rental Evidence

No advertised rental evidence or auctioneer estimated rent has been supplied. Asking or estimated rent is not achieved or passing rent, and no yield can be calculated.

Strategy & Risks

• Treat the £110,000+ guide as an auction starting point only.
• Obtain and review the legal pack before bidding.
• Inspect the property and establish any refurbishment requirement; condition information is not supplied.
• Confirm the occupancy status, which is not stated.
• Establish local rental evidence before bidding; no rental evidence or auctioneer rent estimate is supplied.
• Buyer premium is not supplied.
• The £2,400 including VAT administration fee reduces the effective acquisition budget.
• Water is noted as having medium risk of surface water flooding and high risk from 2040-2060.