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See how verdicts work4-bedroom detached house · NE10 0PB
Sold STCReduced £25.1k (−4.8%) on 26 OctListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented & Substantial Detached Family Home Boasting Four Bedrooms, Three Bathrooms, Two Reception Rooms, Stunning Open Plan Kitchen/Diner, Utility, Gated Off Street Parking & Landscaped Gardens!
Meldon offers an extremely impressive, detached family home which has been sympathetically upgraded throughout to combine period features with a stylish contemporary finish.
The existing owner has significantly enhanced the property with a series of works including a loft conversion to form an excellent principal suite and newly fitted bespoke kitchen, amongst many other works.
Boasting in excess of 2,100 sq.ft, the internal accommodation comprises: Entrance hall with understairs storage | Front sitting room with feature bay window and log burning stove | Open plan kitchen/diner with newly laid flooring, a range of bespoke cabinetry & worktops, integrated appliances throughout and a central island with breakfast bar | Day to day family room with media wall and electric fireplace | Utility | Ground floor WC.
The staircase then leads up to the first floor landing and onto three bedrooms | Bedroom two is positioned to the front and enjoys a large double room with bay window, ample fitted storage and ensuite shower room WC | Bedroom three is a further generous double to the rear | Bedroom four is a large single bedroom | Family bathroom with contemporary three piece suite, including free standing tub.
The staircase then continues up to the loft conversion and onto an excellent principal suite.
The principal bedroom offers a dormer to the rear with Juliet balcony and a large double bedroom with media wall | The suite connects through to a dressing room with a range of bespoke units leading through to an immaculate ensuite shower room WC.
Externally, the property is approached via a dwarfed wall and electronic gated entrance which leads to a gravel driveway, offering ample off street parking | To the rear is a relandscaped garden which is laid partially to artificial turf and partially to a paved patio terrace to enjoy the sun throughout the day.
Presented to an immaculate standard throughout, early viewings are strongly encouraged. Services: Mains gas, electricity, water & drainage | Tenure: Freehold | Council Tax: Band D | EPC: Rating D
Value & comps
No previous sales on record.
Returns
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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 Meldon, High Heworth Lane, Heworth, Gateshead
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