3-bedroom house · NE5 4TZ
Sold STCListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Dereham Court in Meadow Rise, this link-detached family home is offered to the market with no onward chain.
The property briefly comprises an entrance hall, cloakroom/W.C., spacious lounge/dining room, and kitchen with access to the sun room.
To the first floor, there are three bedrooms and a family bathroom/W.C. Externally, the property benefits from gardens to both the front and rear.
The front garden is mainly laid to lawn with a driveway leading to the single garage. The rear garden is enclosed and mainly laid to lawn, with a paved seating area.
The property does require updating throughout, offering an excellent opportunity for buyers to modernise and personalise to their own taste.
Ideally positioned for easy access to local shops, schools, and amenities within Chapel House, the property also benefits from excellent transport links to Newcastle City Centre, the A1, and surrounding areas, making it an ideal location for commuters and families alike.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains – Gas Broadband: None Mobile Signal Coverage Blackspot: No Parking: Garage and Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser council tax band: B EPC rating: D
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
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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
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FAQ
About 27, Dereham Court, Newcastle Upon Tyne
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