Burton House, Busty Bank, Burnopfield, Newcastle Upon Tyne, NE16 6NFfor sale under an auction contract. Auction & Lot Details Lot Number: 10 Auction Date: September 15, 2025 Auction Type: Online & Live Bidding Guide Price: £185,000 to £195,000 Accommodation:
Ground Floor:
Front of the Building: Large bar and sitting areaBack of the Building: Large bar and sitting areaX2 Male ToiletsX 2 Female ToiletsOutside Beer Garden and Trade PatioCellar and Stock Room 1st Floor:X1 Large Modern KitchenX4 BedroomsX 2 BathroomsX1 Large Reception Room Introducing Burton House, a charming stone-built two-storey former pub located on Busty Bank in the lively village of Burnopfield, County Durham. This unique property offers a multitude of possibilities with its high ceilings and conversion potential from hospitality to residential use.
The property features a bar room, shared lounge, manager's flat, and a self-contained annex, providing ample space for various purposes. Outside, you'll find a spacious beer garden and a trade patio, perfect for outdoor entertainment or relaxation.
Burnopfield itself is a vibrant village with a strong sense of community, boasting local shops, clinics, and easy access to amenities. Bus routes to Newcastle, Gateshead, and Stanley, as well as proximity to the A1(M) and the Metro Centre, make it a convenient location for residents and visitors alike.
Investors have the opportunity to run the pub as is or convert it into residential units, with the potential for significant rental income and resale value. The property's prime location within a region supported by a £14 billion investment prospectus and funding from major operators like Heineken UK further enhances its development and income potential.
Don't miss out on this exciting investment opportunity at Burton House in Burnopfield. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer. Buyers Premium A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction. This fee is typically a percentage of the final bid and is paid directly to the auction house. It serves as a kind of commission for the auctioneer’s services. The exact percentage can vary depending on the auction house. At Palace Auctions our buyers premium on Property (Real Estate sales) is normally £5000 plus vat. It is usually clearly stated in the auction’s terms and conditions. It’s crucial for bidders to factor in the buyer’s premium when determining their maximum bid, as it significantly affects the total cost of the property.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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