2-bedroom bungalow · NE42 6HH
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Ultimate Countryside Retreat Idyllic Tyne Valley Location, If you are looking for a peaceful rural retreat that doesn't compromise on space or connectivity, 2 High Hermitage is a rare find.
Proudly standing as the largest lodge on the entire site, this premium two-bedroom property features a welcoming entrance hall that gives it the distinct, spacious feel of a traditional bungalow home rather than a holiday unit.
An Unbeatable Tyne Valley Location: Enjoy the perfect balance of rural tranquility and accessibility.
Situated in the picturesque Tyne Valley with the convenient Hexham bus route close by, you can easily explore historic market towns and local attractions.
When you want a change of pace, the premier shopping, dining, and entertainment of the Newcastle Metrocentre is just a short 15-minute journey away.
Spacious, Bungalow-Style InteriorWelcoming Entrance Hall: Creates a fantastic first impression and sets a spacious tone for the entire home.
Smart Open-Plan Living: A bright airy lounge and kitchen area, is perfect for relaxing and entertaining guests. Two Double Bedrooms: Includes a comfortable master bedroom complete with en-suite.
Second double bedroom that leads to a family bathroom. The boiler has been recently serviced.
Premium External Features & Park UpgradesWrap-Around Decking: Generous outdoor space perfect for alfresco dining, morning coffees, and taking in the countryside views.
Paved Private Parking: Dedicated paved parking space adjoined to the property.
LPG Heating Upgrade: The property has newly installed seamless LPG heating system, removing the need for traditional gas bottle. Connected & Cost-Effective: Affordable site fees of approx.
£3,500 per annum (water included), alongside reliable on-site broadband. This is a unique opportunity to own the premier property.
Arrange a viewing today to experience the impressive size and setting of 2 High Hermit firsthand Hallway Laminate flooring, two storage cupbards, central heating radiator.
Open Plan Living Room/Kitchen/Dining Room 6.7m by 5.87m Widest - The living/dining room area has a feature fireplace with electric fire surround, two double glazed French doors, two double glazed windows and two central heating radiators.
The kitchen has a range of cupboard with work surfaces over, sink and drainer unit, oven and hob, washing machine and dishwasher, storage cupboard housing boiler, double glazed window Bedroom 2.87m by 2.9m - Central heating radiator, double glazed window.
Bedroom 2.57m by 2.87m - Central heating radiator, double glazed window.
En suite 2.06m by 1.12m - Walk in shower cubicle, wash hand basin, WC, central heating radiator, double glazed window.
Bathroom 1.68m by 1.98m - Bath, wash hand basin, WC, central heating radiator, double glazed window. External The lodge has composite wraparound decking. Parking for one vehicle.
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
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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 2, High Hermitage, Ovingham, Northumberland, ., NE42
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