Summary - 32 THAMES STREET CHOPWELL NEWCASTLE UPON TYNE NE17 7DB
3 bed 1 bath Terraced
Affordable freehold terrace with buy-to-let potential and scope to improve energy efficiency.
Freehold three-bedroom mid-terrace, approx 797 sq.ft.
This three-bedroom mid-terrace on Thames Street offers a straightforward buy-to-let prospect or an affordable starter home. The property has a practical layout with a welcoming living room, generous kitchen/dining room and a private rear yard with shed storage. The combi boiler was replaced about four years ago and comes with full service history and a 10-year warranty, supporting reliable heating and lower immediate maintenance costs.
Rental potential is highlighted by comparable lets in the area (around £650 pcm), an EPC rating of C and freehold tenure. The house measures approximately 74 sq.m. (797 sq.ft.), making it manageable for landlord oversight or first-time buyers looking for an entry-level purchase with scope to add value.
Buyers should note material local and property-specific drawbacks. Chopwell is in a very deprived area with higher-than-average crime and a selective licensing scheme being introduced from June 2025 — relevant for anyone planning to rent. The property is an older solid-brick build (pre-1900) with assumed no wall insulation and double glazing fitted before 2002, so insulating and improving thermal efficiency may be needed to cut running costs and future-proof the home.
Overall, this home suits investors seeking a low-entry rent roll addition or hands-on buyers prepared to carry out modest upgrades. It balances immediate lettability and manageable maintenance with realistic refurbishment opportunities to increase comfort and long-term value.
3 bedroom terraced house for sale in Thames Street, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17 — £65,000 • 3 bed • 1 bath • 805 ft²
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