Auction House / North East

  • For Sale By Unconditional Online Auction
  • Guide Price* : £60,000
  • Bidding Opens 03/11/2025 13:00

261 Rectory Road, Gateshead, Tyne And Wear, NE8 4RS

Spacious Two-Bedroom Ground Floor Flat – Excellent Investment or Owner-Occupier Opportunity

Description

A superb opportunity to acquire a spacious two-bedroom ground floor flat situated on the ever-popular Rectory Road, just a short walk from Saltwell Park. Offered with vacant possession, this property provides generous accommodation with scope for refurbishment, making it ideal for investors, developers, or first-time buyers looking to add value.

Accommodation
The property offers approximately 86 sq. m (925 sq. ft) of living space and comprises:

Entrance Hallway
Providing access to all rooms.

Living Room – 4.6m x 5.1m
Large bay-fronted reception room featuring high ceilings, original cornicing, picture rails, and a decorative ceiling rose. A focal fireplace with surround adds character to this bright and spacious room.

Main Bedroom – 3.5m x 4.5m
Generously sized double bedroom to the rear with feature period fireplace and ample natural light.

Bedroom Two – 2.3m x 3.4m
A single or small double bedroom ideal as a study, nursery, or guest room.

Dining Room – 3.2m x 3.6m
A flexible second reception/dining space leading through to the kitchen.

Kitchen – 3.8m x 2.8m
Fitted with base and wall units, integrated oven and hob, and stainless steel sink. Door providing access to the rear yard.

Bathroom – 2.5m x 1.6m
Modern white suite comprising panelled bath with overhead shower, wash basin, and WC. Fully tiled with heated towel rail.

Rear Yard
Enclosed rear yard with pedestrian access to the service lane.

Features & Benefits
-Traditional period features throughout
-Gas central heating
-Vacant possession – no onward chain
-Requires internal modernisation – excellent value-add potential
-Popular residential area with strong rental demand

Location
-Positioned in a sought-after area of Bensham, the property is ideally located close to a range of local amenities, schools, and transport links.
-Just 0.4 miles from Saltwell Park
-1.2 miles from Gateshead Town Centre & Interchange
-2 miles from Newcastle City Centre
-Easy access to the A1(M) and Team Valley Trading Estate

Tenure
Leasehold

Auction Details
This property is being sold by online auction through Auction House North East.
Interested parties are advised to register to bid and review the legal pack prior to auction.
For full terms, conditions, and bidding information, visit auctionhouse.co.uk/northeast

Ideal For
-Buy-to-let investors
-Refurbishment and resale developers
-First-time buyers looking for an affordable project

A property with charm, potential, and an enviable location – early inspection is highly recommended.

Tenure: Leasehold

EPC Rating: D

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

£3,600 inc vat payable upon the fall of the virtual gavel

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* Guide | £60,000
  • 2 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 0191 908 9691 for more information

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.