Sold STC Commercial Property

31 DRURIDGE CRESCENT

BLYTH, NORTHUMBERLAND NE24 4SD

710 sq ft Listed 23 Aug 2024 (-661d)

£3,500

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# Commercial property for sale (NE24 4SD)

## Property Details

| Key | Value |
|-----|-------|
| Address | 31 DRURIDGE CRESCENT, BLYTH, NORTHUMBERLAND NE24 4SD |
| Price | £3,500 |
| Construction age | England and Wales: 1967-1975 |
| Floor area | 66 m² |
| Last sold | £29,000 Apr 1999 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 22/11/2024 — **EXPIRED** (no longer valid for marketing or letting)
- **Est. upgrade cost to C:** £23,890

### Recommendations
- B (£500  -  £1,500)
- W (£800  -  £1,200)
- E (£40)
- I (£2,200  -  £3,000)
- N (£4,000  -  £6,000)
- U (£9,000  -  £14,000)
- V (£1,500  -  £4,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8797-0273-1029-5227-3943)

## Description

Purpose built Freehold garage located in a block off Druridge Crescent, Newsham Farm Estate, Blyth.  The garage would accommodate a small car or be ideal for light storage purposes.

The property benefits from a recently re-covered flat felt roof and up and over garage door.

MEASUREMENT

2.62m x 5.1m

**Viewing** - BY APPOINTMENT WITH OUR ASHINGTON OFFICE  / . 6413a

**File Number** - PLEASE QUOTE REFERENCE NO:  6413A

**Standard Information** - These particulars are produced in good faith, and are set out as a general guide only, they do not constitute part or all of an offer or contract.

The measurements indicated are supplied for guidance only and as such must be considered incorrect. Potential buyers are advised to recheck the measurements before committing to any expense. No apparatus, equipment, fixtures, fittings or services have been tested and it is the buyer’s responsibility to seek confirmation as to the working condition of any appliances.

Fixtures and fittings that are specifically mentioned in these particulars are included in the sale, all others in the property are specifically excluded.

Photographs are produced for general information and it must not be inferred that any item is included for sale within the property.

**Tenure:** - WE UNDERSTAND THE PROPERTY IS FREEHOLD.  APPROXIMATELY 44 YEARS REMAINING, HOWEVER, WE ARE NOT QUALIFIED TO VERIFY THE TENURE ON ANY PROPERTY AND YOUR SOLICITOR SHOULD BE CONSULTED REGARDING THIS.

## Property Photos

- ![P5210198.JPG](/listings/photos/151668347/487065) - P5210198.JPG
- ![P5210197.JPG](/listings/photos/151668347/487067) - P5210197.JPG

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #15609746
- **Address:** 31 Druridge Crescent, BLYTH, NE24 4SD
- **Certificate Issued:** 05/02/2023
- **Work Completed:** 24/01/2023
- **Items:** 2 window(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 31 DRURIDGE CRESCENT, BLYTH, BLYTH VALLEY, NORTHUMBERLAND, NE24 4SD | £29,000 | 29/04/1999 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 10 HALTON GROVE, BLYTH, NORTHUMBERLAND, NE24 4NY | £225,000 | 25/11/2024 | Other |
| [Same street] 33 DRURIDGE CRESCENT, BLYTH, NORTHUMBERLAND, NE24 4SD | £140,000 | 27/03/2024 | Terraced |

**Street average:** £140,000 (1 sale)
**Area average:** £225,000 (1 sale)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £235,722 (9 Other, NE24, 2024–2026)
- **Deviation:** -98.5%

## Rental Range

*ONS Price Index of Private Rents (Northumberland). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £604/mo
- **Realistic:** £671/mo
- **Optimistic:** £738/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Northumberland (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Terraced House, Haggerston Road, NE24 | £900/mo | 3 | 0.25 miles | OpenRent |
| 3 Bed End Terrace, Ponteland Square, NE24 | £895/mo | 3 | 0.35 miles | OpenRent |

**Average rent: £898/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 25.66% (strong)
- **Max investor price (0.8%):** £112,250
- **Target investor price (1%):** £89,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £898/mo).*

- **Gross yield:** 307.9%
- **Cost-to-rent:** 0.3×
- **Monthly cashflow:** £769/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 909.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £53/m²

## House Price Index (HM Land Registry)

*Official index for Northumberland; All dwelling types series; as of March 2026.*

- **1y growth (index):** 1.5%
- **5y growth (index):** 21.8%
- **10y growth (index):** 42.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

P5210198.JPG P5210197.JPG

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Property details

Tenure

FREEHOLD

Floor area

66 m²

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£29,000 Apr 1999

Price per m²

£53/m²

Local average

£235,722 (-98.5%)

Deprivation

Decile 8 (25,065 of 33,755)

Street crime

227 incidents within 1 mile (Apr 2026)

Key features

SINGLE CAR GARAGE
IDEAL FOR STORAGE
WOULD ACCOMMODATE SMALL CAR
LEASEHOLD. 44 YEARS REMAIN

Additional details

Parking: Yes

Description

Purpose built Freehold garage located in a block off Druridge Crescent, Newsham Farm Estate, Blyth. The garage would accommodate a small car or be ideal for light storage purposes.

The property benefits from a recently re-covered flat felt roof and up and over garage door.

MEASUREMENT
2.62m x 5.1m

Viewing - BY APPOINTMENT WITH OUR ASHINGTON OFFICE / . 6413a

File Number - PLEASE QUOTE REFERENCE NO: 6413A

Standard Information - These particulars are produced in good faith, and are set out as a general guide only, they do not constitute part or all of an offer or contract.

The measurements indicated are supplied for guidance only and as such must be considered incorrect. Potential buyers are advised to recheck the measurements before committing to any expense. No apparatus, equipment, fixtures, fittings or services have been tested and it is the buyer’s responsibility to seek confirmation as to the working condition of any appliances.

Fixtures and fittings that are specifically mentioned in these particulars are included in the sale, all others in the property are specifically excluded.
Photographs are produced for general information and it must not be inferred that any item is included for sale within the property.

Tenure: - WE UNDERSTAND THE PROPERTY IS FREEHOLD. APPROXIMATELY 44 YEARS REMAINING, HOWEVER, WE ARE NOT QUALIFIED TO VERIFY THE TENURE ON ANY PROPERTY AND YOUR SOLICITOR SHOULD BE CONSULTED REGARDING THIS.

Listed by

Ashington

Rickard Chartered Surveyors & Estate Agents

Reference: 151668347

EPC Rating & Upgrade Cost

This certificate expired on 22/11/2024. A new EPC may be required before the property can be marketed or let.

Current rating: D

Potential rating: B

Inspection date: 23/11/2014

Expiry date: 22/11/2024 (expired)

Est. upgrade cost to C: £23,890

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (£800 - £1,200)
Low energy lighting for all fixed outlets (£40)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£9,000 - £14,000)
Wind turbine (£1,500 - £4,000)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #15609746 Recent

Property Details

Street: 31 Druridge Crescent

Town: BLYTH

Postcode: NE24 4SD

Installation Details

Items: 2 windows

Certificate Issued: 05/02/2023

Work Completed: 24/01/2023

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	29/04/1999 (27 years ago)	£29,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
10 HALTON GROVE, BLYTH, NORTHUMBERLAND, NE24 4NY	£225,000	25/11/2024	Other
Same street 33 DRURIDGE CRESCENT, BLYTH, NORTHUMBERLAND, NE24 4SD	£140,000	27/03/2024	Terraced

Street average: £140,000 (1 sale)

Area average: £225,000 (1 sale)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): Northumberland. Series: All dwelling types. As of March 2026.

1y (index) 1.5%

5y (index) 21.8%

10y (index) 42.9%

Rental Range

Estimated market rent for Northumberland. Low = conservative, Realistic = average, Optimistic = best case.

Low £604/mo

Realistic £671/mo

Optimistic £738/mo

Based on Local Authority from postcode lookup → Northumberland.

LHA (30th percentile) floor for Northumberland: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View NE24 4SD

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Chillingham Close	0.0 miles
Bus stop	Unknown	0.1 miles
Shop	Newsham Farm Stores	0.2 miles
Shop	Gents Barbers	0.2 miles
Train station	Blyth Bebside	0.9 miles
Train station	Newsham	1.2 miles
University	Blyth Marine Station	1.7 miles
Hospital	The Rutherford Cancer Centre North East	2.9 miles
Hospital	Wansbeck General Hospital	4.6 miles
University	Northumbria University Coach Lane Campus	7.9 miles

Street-level crime

Category	Count
Violence and sexual offences	59
Shoplifting	51
Anti-social behaviour	42
Criminal damage and arson	22
Public order	15
Other theft	9
Drugs	6
Other crime	6
Vehicle crime	6
Burglary	4
Possession of weapons	4
Robbery	2
Theft from the person	1
Total incidents	227

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
New Delaval Primary School	Primary	0.5 miles	Good — 10 Sep 2024
Newsham Primary School	Primary	0.5 miles	Good — 5 Feb 2016
The Blyth Academy	Secondary	0.5 miles	Good — 30 Sep 2021
Bede Academy	Other	0.7 miles	Good — 30 Jun 2024
Gilbert Ward Academy	Other	0.8 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Terraced House, Haggerston Road, NE24	£900/mo	3	0.25 miles	OpenRent
3 Bed End Terrace, Ponteland Square, NE24	£895/mo	3	0.35 miles	OpenRent

Average rent: £898/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 25.66%

Max investor price (0.8%) £112,250

Target investor price (1%) £89,800

Gross yield 307.9%

Cost-to-rent ratio 0.3×

Monthly cashflow £769/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 909.7%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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