3-bedroom detached house · NE28 8EP
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern Detached Family Home Boasting a Delightful South Facing Lawned Rear Garden, with an Impressive Open Plan Lounge/Dining Space with Conservatory, Re-Fitted Kitchen/Breakfast Room, Three Bedrooms plus Family Bathroom, Off Street Parking, Integral Garage & No Onward Chain!
This excellent, modern detached family home is ideally positioned on the desirable Chesterwood Drive, Wallsend.
Chesterwood Drive, which is tucked just off from West Street, is quiet residential cul-de-sac, which is perfectly placed just a short walk from the shops and amenities of Wallsend High Street, as well as excellent local transport links and schooling.
The property is also located close to Richardson Dees Park, providing access to beautiful leafy walks, as well as The Coast Road, which gives direct access to both Newcastle City Centre and The Coast.
On The Ground Floor - Lobby - Lounge/Dining Room - 6.70m x 3.25m (22'0" x 10'8") - Measurements taken from the widest points.
Conservatory - 2.12m x 2.60m (6'11" x 8'6") - Measurements taken from the widest points. Hallway - Kitchen/Breakfast Room - 1.60m x 3.07m (5'3" x 10'1") - Measurements taken from the widest points.
Garage - 4.77m x 2.42m (15'8" x 7'11") - Measurements taken from the widest points. On The First Floor - Landing - Bedroom - 2.02m x 2.88m (6'8" x 9'5") - Measurements taken from the widest points.
Bedroom - 2.93m x 3.10m (9'7" x 10'2") - Measurements taken from the widest points. Bedroom - 3.17m x 3.03m (10'5" x 9'11") - Measurements taken from the widest points.
Bathroom - 2.77m x 1.69m (9'1" x 5'7") - Measurements taken from the widest points. Disclaimer.
- The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Chesterwood Drive, Wallsend, NE28
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