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See how verdicts work2-bedroom terraced house · NE5 2LP
Listing removedListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this well-maintained two bedroom terraced house provides well-proportioned accommodation in the heart of Westerhope village.
The property is freehold, has an EPC rating of E and falls within Newcastle upon Tyne Council Tax Band A. It has also been a successful investment property.
The accommodation begins with a porch leading into a spacious living room, creating a comfortable reception space.
To the rear, the traditional fitted kitchen offers space for dining and is complemented by a useful utility area.
The ground floor also benefits from a modern bathroom fitted with a bath with shower over, WC and pedestal wash hand basin.
To the first floor are two well-proportioned bedrooms, providing flexible accommodation.
Externally, the property enjoys an enclosed north-facing rear yard, while on-street parking is available to the front. The accommodation extends to approximately 78 square metres (Approx.
839 square feet). Conveniently positioned within the heart of Westerhope village, the property is well placed for local amenities and everyday convenience.
Westerhope and the surrounding areas provides an excellent range of local services including schools, shops and other leisure facilities, all of which are just a short walk away.
There are regular bus routes into Newcastle city centre as well as the Metro centre and Freeman Hospital. The A69 and A1 are both close at hand ensuring convenient transport links.
The airport is also within easy reach. We understand the property is freehold.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD260597/8
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 advisers 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.
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FAQ
About 5, Lily Terrace, Tyne and Wear
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