2-bedroom terraced house · NE16 5PG
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This recently upgraded two-bedroom home offers spacious and stylish accommodation throughout, making it an ideal purchase for first-time buyers, professionals, or those looking to downsize.
Upon entering, you are welcomed by a porch entrance leading into a generous open-plan living room, enhanced by modern mood lighting and a useful understairs storage area.
To the rear, a hallway provides access to an additional storage cupboard and the contemporary kitchen. The first floor comprises two well-proportioned double bedrooms.
The principal bedroom benefits from fitted wardrobes and a large window enjoying attractive open field views, while the second double bedroom features an impressive walk-in wardrobe.
Completing the accommodation is a recently installed luxury family shower room, finished with elegant marble-effect tiling and a stylish designer wash basin.
Externally, the property offers convenient lay-by parking to the front.
To the rear is a low-maintenance garden featuring artificial lawn, a decked seating area, and gated access to the rear square, creating an ideal space for relaxing and entertaining.
Perfectly positioned, the property enjoys easy access to a range of local amenities, reputable schools, and excellent transport links, providing convenient connections to surrounding towns, cities, and major road networks.
If you would like to make an Offer: Please note that Target Property NE will immediately notify the seller when any offer is made on this property.
At the same time for Anti-Money Laundering legislation (AML), identity checks and proof of purchase funding including but not limited to, passport or driving licence with a utility bill showing current address, a mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including applicable selling agent and solicitor is required.
Tenure: Target Property NE are not able to fully confirm the tenure of the property, because it is not always possible to see the relevant documentation prior to putting the property up for sale.
Prospective buyers must always make appropriate and further enquiries with their own legal adviser.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Kingsway, Sunniside, Gateshead
Explore nearby