3-bedroom house · NE20 9ND
For saleReduced £15k (−3.5%) on 22 AugListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to purchase this extended, 3 bedroom semi-detached house situated on the periphery of the Darras Hall Estate overlooking fields to the front.
The Entrance Porch opens to the Entrance Hall with Cloaks/wc and stairs to first floor landing.
The Living Room is positioned to the front with double doors opening to the Dining Room with door to the Kitchen. From the inner hall doors to the Study, Cloakroom WC and door to the Garage.
The Kitchen/diner is fitted with a range of wall and base units, sink unit, electric oven, gas hob and integrated dishwasher.
From the Kitchen door to the Utility Room fitted with a range of units, plumbing for washer and door to the Conservatory. Stairs lead to the first floor landing with doors to all rooms.
Bedroom 1 is a spacious double with fitted bedroom furniture and a wonderful view. Bedrooms 2 is a double to the front and Bedroom 3, also a double has fitted wardrobes and is to the rear.
The Bathroom is equipped with a wash basin and bath. The Shower Room is fitted with a shower, wash basin and a wc.
Externally, the Front Garden has trees and shrubs and a driveway to the integral garage. The Rear Garden has a lawn with shrubs and trees to the borders and raised beds.
Darras Hall is a highly desirable estate, within ideal commuting distance of Newcastle, with excellent local amenities, enhanced by those in the adjoining village of Ponteland.
Along with schools for all ages, there are a good range of shops including Waitrose, excellent choice of pubs and restaurants and a number of sporting a leisure facilities.
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
Agent & docs
FAQ
About 244, Western Way, Newcastle Upon Tyne
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