Modern Method of Auction
Auction date not yet published
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See how verdicts work4-bedroom semi-detached house · NE21 6BP
Under offerListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**MODERN METHOD OF AUCTION** We welcome to the market this four bedroom semi detached house situated in a popular area of Winlaton.
The property boasts a spacious living/dining room, kitchen and utility room to the ground floor with four bedrooms and two bathrooms to the first floor.
Externally there is a low maintenance garden and off street parking leading to the garage to the front and the rear of the property has a mature garden with raised decking and garden shed.
The property is offered for sale with no forward chain.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Entrance Hall Entrance porch with sliding glass doors.
Living / Dining Room 4.95m by 3.68m - 2.67m by 3.12m - Open plan living room/dining room, feature fireplace with gas fire, central heating radiators, double glazed window, double glazed patio doors.
Kitchen 2.64m by 3.86m - Fitted with a range of wall and base units with work surfaces over, sink and drainer unit, integrated oven and hob, breakfast bar, central heating radiator, double glazed window, door to utility room.
Utility Room 2.46m by 2.03m - Sink with draining board, storage cupboards and space for a washing machine and fridge freezer,double glazed window, internal door to garage and rear exit door.
Landing 6.5 by 4.47m Main Bedroom 3.8m by 3.8m - Fitted wardrobes, central heating radiator, two double glazed windows.
Bedroom Two 3.84m by 2.6m - Fitted wardrobes, central heating radiator, double glazed window.
Bedroom Three 4.57m by 2.13m - laminate flooring, central heating radiator, double glazed window. Bedroom Four 2.24m by 3.12m - Central heating radiator, double glazed window.
Shower Room 2.16m by 1.65m - Walk in shower cubicle with electric shower, WC washbasin on pedestal, obscure glass window, vinyl flooring, radiator.
Main Bathroom 3.12m by 1.63m - P-shaped bath with shower over glass shower screen, wash hand basin, WC, central heating radiator, double glazed window.
Front Garden Low maintenance front garden, with driveway for two cars and garage access. Rear Garden Mature garden with borders, decked area, shed.
Garage 2.03m by 5.1m AModern Method of Auction This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. Material Information The following information should be read and considered by any potential buyers prior to making transactional decision.
Services We are advised by the seller that the property has mains provided gas, electricity and water. Parking Arrangements Driveway parking leading to a single garage.
Broadband Speed The maximum speed for broadband in this area is shown by imputing the postcode into an online speed checker. Mobile Phone signal No know issues at the property.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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.
Area
Agent & docs

FAQ
About Riding Lea, Winlaton, NE21
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