Summary - 67 GRANTHAM ROAD, NEWCASTLE UPON TYNE NE2 1QX
2 bed 2 bath End of Terrace
Large renovation project near city centre and student hubs.
Extremely large overall size with long garage for off-street parking
A substantial Victorian end-of-terrace offering strong development potential in Sandyford, close to Newcastle city centre and local student amenities. The property includes two double bedrooms, two reception rooms, a large kitchen, two bathrooms, a double basement, workshop space and a long garage (4.90m x 12.42m) providing rare off-street parking for the area. Zoned residential now but formerly commercial, the building could be adapted to different uses subject to planning consent.
The house is being sold at online auction under unconditional terms with immediate exchange and completion required within 28 days. Bidders should factor in a 5% non-refundable deposit and a buyer premium of 2.4% (minimum £3,000 incl VAT). The legal pack should be reviewed before bidding; timescales are tight and successful bids are binding.
This is a renovation-led opportunity: the interior is derelict and will need comprehensive refurbishment and modernisation, including likely insulation and finish upgrades. The property has double glazing (fitted post-2002), mains gas boiler with radiators, solid brick walls (assumed uninsulated) and an EPC rating of D. The location is popular with students and offers steady rental demand, but the immediate neighbourhood records higher crime levels — factor in security measures and management if lettng.
Suited to an investor or developer comfortable with auction procedures, short completion deadlines and a full refurbishment project. The property’s size, garage and basement/workshop create options for HMO conversion, multi-let rental or bespoke redevelopment, subject to planning and licensing where required.
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