Tennyson Court, Gateshead, Tyne And Wear, NE8

Listed 28 Jan 2026 · price reduced 12 Mar 2026 · Gateshead
NEW TO MARKET. An excellent opportunity to acquire this 2-bedroom terraced house in the popular area of Old Durham Road, Gateshead. The property should appeal to investors, offering strong potential and a straightforward purchase. The accommodation includes an entrance hallway, lounge, kitchen, two bedrooms and a bathroom. The property requires updating and benefits from a traditional layout and scope for renovation throughout. Investment Information The property offers attractive rental potential, with an estimated income of £700–£800 per calendar month once renovated, making this a compelling option for buy-to-let investors. (Rental figures are for guidance only.) Sales Evidence Sales evidence within the immediate area: • 393 Old Durham Road – previously sold for £106,000 (6 February 2025) • 456 Old Durham Road – previously sold for £93,000 (14 June 2024) Close to local shops, bus routes, Saltwell Park and major transport links, the property enjoys a convenient location that continues to attract strong interest from buyers and tenants. The property is offered at a competitive price to ensure a sale and represents an excellent opportunity for purchasers seeking value and further potential. Here’s What to Do Next Visit – Review the full auction terms via - auctionworks.co.uk/lot/details/169294 Call – Contact our team to book a viewing. Register – Ensure you are registered prior to the auction opening date. Legal Pack – Download and review the legal pack to access all relevant property and legal information. Prior Auction Offer – Want it now? Submit a prior auction offer through a member of our staff. All offers are forwarded directly to the seller for consideration. Bidding – Bidding is completed entirely online through our intuitive bidding system. Sale Method This property is offered for sale via unconditional auction terms and conditions. All interested parties are advised to carry out their own due diligence prior to bidding. Full guidance and support are available from the team upon request. For further information or to register your interest, please contact our team. Terms & Timescales
This property is being sold subject to unconditional Auction terms and conditions.
Immediate exchange of contracts. Completion must take place within 28 days.
Legal Pack A legal pack is available for this property. We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions. If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,000) which contributes towards the overall purchase price of the property. The deposit is non-refundable.
Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3,600 inc VAT. This does not form part of the purchase price.
More Information For further information please contact our auction department on or email
ONLINE AUCTION NOTICE
Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes. My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly. I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within. If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online. The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding. This system makes it fairer for all parties involved and prevents last second bidding. Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.
Hallway 0.95m x 1.48m
Landing 1.33m x 2.69m
Bedroom 2.37m x 2.34m
Bedroom 3.52m x 4.02m
Bathroom 2.45m x 3.68m
Living Room 3.45m x 4.61m
Kitchen 2.2m x 3.25m
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Median sold prices in NE8 over the last 12 months: flat £107k · terraced £176k · semi-detached £165k · detached £240k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 60 Old Durham Road Gateshead NE8 4BL | Terraced Freehold | 29 May 2026 | £165,000 |
| 342 Old Durham Road Gateshead NE8 4BQ | Flat Leasehold | 19 Dec 2025 | £62,500 |
| 309 Old Durham Road Gateshead NE8 3TS | Other Freehold | 1 Aug 2025 | £135,000 |
| 79 - 83, Old Durham Road Gateshead NE8 4BJ | Other Freehold | 24 Jun 2025 | £155,000 |
| 177 Old Durham Road Gateshead NE8 3TR | Terraced Freehold | 14 Mar 2025 | £150,000 |
| 268 Old Durham Road Gateshead NE8 4BP | Other Freehold | 12 Mar 2025 | £190,000 |
| 64 Old Durham Road Gateshead NE8 4BL | Terraced Freehold | 7 Feb 2025 | £205,000 |
| 286 Old Durham Road Gateshead NE8 4BP | Other Freehold | 31 Jan 2025 | £90,000 |
| 302 Old Durham Road Gateshead NE8 4BQ | Terraced Leasehold | 30 May 2024 | £50,000 |
| 286 Old Durham Road Gateshead NE8 4BP | Other Freehold | 29 Apr 2024 | £80,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in NE8
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Auction Works, Tyne & Wear on Rightmove (original listing). First listed 28 Jan 2026; details checked 7 Nov 2026. Latest change: reduced on 12/03/2026.
Disclaimer - Property reference 15d3e417-fc5e-46bd-9f90-d9cdbfafebbb. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Auction Works, Tyne & Wear. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

