3-bedroom semi-detached house · NE38 8FL
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive and deceptively spacious semi-detached townhouse, offering versatile family accommodation, a private rear garden and a garage, all within the highly sought-after Teal Farm development.
Situated on the popular Meldon Close, this modern family home offers well-proportioned accommodation arranged over three floors, making it an excellent choice for growing families and professionals seeking comfortable, contemporary living in an established residential setting.
The ground floor welcomes you into an inviting entrance hallway with staircase to the upper floors and access to a convenient downstairs WC.
The lounge provides a comfortable and spacious setting for relaxing, with plenty of room for family furnishings.
The adjoining dining area offers an ideal space for entertaining and everyday meals, while the fitted kitchen provides practical storage, generous worktop space and an attractive setting for cooking.
The first floor offers two well-proportioned bedrooms, both providing flexibility for children, guests or home working. These rooms are complemented by a family bathroom, fitted with a modern suite.
Occupying the second floor is an impressive principal bedroom, creating a wonderful private retreat away from the main living accommodation.
This generous room benefits from its own dressing area and en-suite shower room, adding a touch of luxury and convenience.
Externally, the property enjoys a private rear garden, ideal for outdoor dining, entertaining and family activities.
A further advantage is the garage situated within a separate block directly in front of the property, providing valuable parking or storage space.
Meldon Close forms part of the popular Teal Farm development, with this phase of homes dating from around 2014–2015.
The estate offers a welcoming residential environment with local shops, a family-friendly pub, green spaces and pleasant riverside walks nearby.
Excellent road connections via the A19 and A1(M) provide convenient access
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Meldon Close, Washington
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