Joseph Terrace, Chopwell, Newcastle upon Tyne, NE17
North East
£50,000Guide Price
Listed on 14/11/2026
Listed on 14/11/2026
The listing
Property details
Bedrooms
3Type
TerracedFeatures
- Parking
Description
Offered for sale by online auction, this three-bedroom terraced house is described as having previously been arranged as two flats before being converted into a single home. The accommodation is set over two floors and is in need of modernisation, providing scope for a purchaser to update the existing layout and finish, subject to inspection and verification.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
46out of 100
Grade ELow opportunity
Confidence: LOW
At £50,000, this three-bedroom terrace has the makings of a substantial renovation project, with a large lounge, a kitchen/dining area, separate utility room and a walk-in wardrobe area off the main bedroom. The former two-flat layout has been converted into one house, and the brick exterior looks generally intact in the submitted views. The kitchen and bathroom both offer clear scope for modernisation, while the rear yard could benefit from a tidy-up.
The score is E (46/100), reflecting a limited condition score and gaps in the value assessment rather than a finding that the price is too high: floor area is missing, so value against local £/sqf cannot yet be judged. The visible damage and worn finishes make this a heavy interior programme, not a cosmetic refresh.
Key opportunities
- Rework and modernise the large lounge and kitchen/dining area to make the most of the generous ground-floor living space.
- The former two-flat conversion and three-bedroom layout offer scope to shape the house around a single household, including the main bedroom’s walk-in wardrobe area.
- A substantial interior project can bring the worn finishes, damaged walls, kitchen and bathroom up to date; the paved rear yard also offers scope for improvement.
Key risks
- Stripped and damaged wall finishes in parts of the kitchen and a bedroom, alongside worn coverings and dated finishes across several rooms, point to a heavy interior programme; allow for a full sequence of repairs and making-good rather than a cosmetic refresh.
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Transport
Nearest stations
Prudhoe Rail Station
3.8 miles
Train · Prudhoe
Wylam Rail Station
4.0 miles
Train · Wylam
Stocksfield Rail Station
4.4 miles
Train · Stocksfield
Blaydon Rail Station
5.4 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.
£
£
£
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years
Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£204
Based on a loan of £37,500 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.
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