2-bedroom semi-detached house · NE23 6BS
Sold STCListed 287 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A carefully maintained, two bedroomed semi detached house, pleasantly situated, facing west at the rear, in a cul de sac on a recently completed residential estate on the eastern side of Cramlington close to the hospital.
The property is in superb order throughout, nicely decorated with a fully equipped integrated kitchen, gas fired central heating, double glazed windows, a security system, smoke and carbon monoxide alarms.
Ready to move into and ideally suited to a first time buyer. Freehold Council Tax Band - B EPC Rating - B Entrance Hall Radiator. Cloakroom Pedestal wash hand basin and low level wc set, radiator.
Living Room 4.14m (13'7") x 3.05m (10'0") Double radiator, panelled feature wall, TV wall mount.
Kitchen / Dining Room 4.34m (14'3") x 2.49m (8'2") Fitted with an extensive range of high gloss white base and wall units with laminate work tops, stainless steel sink unit with two bowls and mixer tap, integrated appliances including a cooker with gas hob, electric oven and grill, stainless steel splashguard and cooker hood, integrated dishwasher, washing machine and fridge freezer, low level skirting lights, French doors to the rear garden, laminate flooring through the main living areas.
First Floor Landing Loft hatch with foldaway ladder to part boarded roof space.
Bedroom One 3.86m (12'8") x 3.35m (11'0") Radiator, built in wardrobes with sliding doors, built in cupboard containing Potterton Promax gas fired central heating boiler ( system on Google Smart Home thermostat).
Bedroom Two 3.53m (11'7") x 2.13m (7'0") Radiator.
Bathroom White suite of panelled bath with shower mixer tap, glazed shower screen, floating wash hand basin, low level wc set, radiator, recessed ceiling lights, electric extractor fan, partly tiled walls.
Externally Block paved area to the front (space for two cars) small lawned area, side access to the west facing rear garden which has a paved patio, lawn and hard landscaped section in the corner.
Tenure Freehold Annual Estate management charge payable. Current payment £140.
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 Aylesbury Grange, Barley Meadows, Cramlington
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