Chesterton, Newcastle ST5 3 bed terraced house for sale

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Chesterton, Newcastle ST5 3 bed terraced house for sale

Chesterton, Newcastle ST5
£65,000

Price History

Initial price £85,000
13/11/25 £65,000
Price Change -23.53%

Description

This mid-terrace property is being sold by online auction on December 10, 2025, with a guide price of £65,000-£95,000 plus fees. The property has three bedrooms and is currently let at £500 per month, generating a 9.2% yield based on the lower guide price. The property is located near local shops, schools, and transport links, making it an attractive investment opportunity. The auction is being conducted by Town & Country Property Auctions, and buyers will need to register and create an auction passport account with Essential Information Group to participate. A 10% deposit (subject to a minimum of £5,000) and a buyers administration fee of £1,200 plus VAT will be required upon the fall of the hammer, and contracts will be exchanged 28 days following the auction.