3 bed terraced house for sale

Ramsey Street, High Spen NE39

For sale by online auction ending 9th July 2025 at 12PM. The property is sold under unconditional auction terms and conditions.

This end terraced property offers an excellent blend of residential and commercial living, presenting a fantastic investment opportunity. The house itself boasts spacious and versatile living accommodation comprising two generous reception rooms, perfect for family living or entertaining guests. The kitchen is well-proportioned and leads through to a handy utility room, adding valuable practical space. On the ground floor, you will also find a bathroom and two useful store rooms.

Upstairs, the first floor features three bedrooms, providing ample space for a family or flexible use such as home office or guest rooms. A bathroom completes the living quarters, ensuring convenience and comfort.

Attached to the property is a commercial unit, featuring a prominent shop front with great street visibility, ideal for running a variety of business ventures. The commercial premises also include a commercial kitchen, making it suitable for catering, takeaway, or other food-related businesses. The commercial space is versatile and can be tailored to meet your specific business requirements, subject to any relevant consents.

To the rear of the property, there is a yard, offering outdoor space.

Situated on a street with commercial properties, this property is perfectly positioned to attract passing trade and benefit from local footfall. Whether you’re looking to operate your own business with the convenience of living on-site, or seeking a rental investment with dual income potential.

Shop Frontage (4.67m x 3.91m)

Commercial Kitchen (4.4m x 3.67m)

Living Space Of House

Lounge (5.64m x 3.88m)

Dining Room (4.85m x 3.9m)

Kitchen (4.6m x 2.58m)

Ground Floor Bathroom

Utility Room (3.5m x 1.68m)

Store Room One (3.55m x 3.53m)

Store Room Two (3.7m x 3.6m)

First Floor Landing

Bedroom One (4.3m x 4.1m)

Bedroom Two (3.5m x 2.7m)

Bedroom Three (3.3m x 2.1m)

Bathroom

Tenure

To Be Confirmed

Property Information

Local Authority: Gateshead
Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this. Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area
Mobile Network Coverage: EE, Vodafone, Three, O2 in the area
Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property

Recording Devices

Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes. While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home. If you have any concerns regarding this, please speak to a member of our team prior to your appointment. We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.

Terms & Timescales

This property is being sold subject to unconditional purchase premium auction terms and conditions.

Legal Pack

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 £3000 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

I hereby acknowledge and confirm the following:

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 10 minutes of the closing time. After 10 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This (truncated)