Newcastle ST5 2 bed terraced house for sale

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Newcastle ST5 2 bed terraced house for sale

Newcastle ST5
£70,000

Price History

Initial price £90,000
13/11/25 £70,000
Price Change -22.22%

Description

This mid-terrace property, located close to the town centre, is being sold by unconditional online auction with a guide price of £70,000-£100,000 plus fees. The property has two bedrooms and is currently let at £650 per month, generating an 11% yield based on the lower guide price. The tenancy is ongoing, and the property is being sold with vacant possession. The auction process requires a 10% deposit and a buyer's administration fee of £1,200 plus VAT, with contracts exchanging 28 days after the auction. Registration is now open, and bidding will take place on December 10, 2025, from 10:00 to 14:15. Potential buyers should review the legal pack and note that the auctioneer has not internally inspected the property.