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Severn Street, Chopwell, Tyne and Wear, NE17

North East

£40,000

Listed on 11/11/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
695 sqft

Features

  • Garden

Description

This two-bedroom mid-terraced house in Chopwell is described as requiring a full programme of modernisation and refurbishment. The ground floor includes an entrance porch, living room with built-in storage and a traditional Parkray coal fire, a central hallway and an additional room that could serve as utility or storage space. The compact kitchen has built-in storage, with a rear hallway leading to the enclosed yard and bathroom. Upstairs are two double bedrooms. Outside, the property has a private enclosed rear yard with a shed and coal storage, and faces a communal green. The village centre, local shops and amenities are nearby, with road links to Newcastle and access to countryside, walking routes and cycle trails. The listing states that local properties can achieve around £550 per calendar month in rent, but prospective landlords should verify current rental prospects and selective licensing requirements with the relevant authority.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

70out of 100
Grade BGood opportunity

Confidence: MEDIUM

At £40,000, this two-bedroom terrace is a strikingly cheap acquisition against the local benchmark: about £58 per sq ft versus £137 locally. The dated finishes across the photographed rooms make it a clear medium-scale value-add project, with scope to refresh the interiors and modernise the compact kitchen and bathroom. The traditional stone fireplace and stove, enclosed rear yard and outlook onto a communal green give it some character and useful outdoor space.

The overall WHOTS score is 70/100, a Good Opportunity. Visible roof edges and masonry appear broadly intact, although pale worn-looking patches above some openings have an unclear cause. The listing also mentions selective licensing, so prospective landlords should check current requirements with the council.

Key opportunities

  • Acquire at a notably low price against the local £/sq ft benchmark.
  • Refresh the dated finishes across the photographed living spaces and bedrooms, including flooring and decoration.
  • Modernise the compact kitchen and bathroom, while making use of the enclosed rear yard and front-facing communal green.

Key risks

None recorded.

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Map

Location

Severn Street, Chopwell, Tyne and Wear, NE17
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Transport

Nearest stations

  • Prudhoe Rail Station

    3.8 miles

    Train · Prudhoe

  • Wylam Rail Station

    3.8 miles

    Train · Wylam

  • Stocksfield Rail Station

    4.6 miles

    Train · Stocksfield

  • Blaydon Rail Station

    5.1 miles

    Train · Blaydon

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£163
Based on a loan of £30,000 over 30 years at 5.13% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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Indicative tax based on the asking price and the options you select.

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