2-bedroom semi-detached house · NE15 6EG
Sold STCListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom semi-detached home situated within a popular residential development.
Only approximately five years old, the property benefits from modern fixtures and fittings throughout and still has the advantage of the remaining new-build warranty.
Upon entering, a spacious hallway provides a welcoming entrance with plenty of room for shoes and a storage cabinet.
To the right is a modern fitted kitchen, complete with integrated fridge freezer, dishwasher and washing machine.
The generous lounge offers plenty of space for comfortable seating, a dining table and benefits from a useful storage cupboard.
Upstairs, there are two well-proportioned double bedrooms, both offering ample space for wardrobes, with the main bedroom also benefiting from an additional storage cupboard.
The modern family bathroom is conveniently positioned between the two bedrooms and features a bath with an overhead shower.
Externally, the property boasts a generous rear garden with a fantastic decking area, creating an ideal space for entertaining, hosting guests or simply relaxing outdoors.
The property also benefits from a private driveway providing off-road parking.
Located within a popular estate, this modern home offers well-presented accommodation and would make an excellent choice for first-time buyers, couples or those looking for a low-maintenance home.
Tenure: Freehold - Annual management charge- £120pa Council Tax Band: B - £1,875.68 EPC: B Material Information: Built of standard construction. Still under builder warranty.
Located on The Rise, one of the largest and most popular new build developments in The North East with a growing community spirit.
The Rise is located approximately 2.6 miles from Newcastle where there are shops, restaurants, bars and other attractions and approximately 3 miles from the Metro Centre where there is a very large selection of shops and restaurants, including an ASDA supermarket, ALDI and an Ikea .
There are also a number of local shops around which are within walking distance. There are a good selection of schools including the Bridgewater Primary School and Excelsior Academy.
By moving to this home you will really get an opportunity to be part of the friendly growing community on The Rise.
We endeavour to make our sales 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.
Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: B. Tenure: Freehold,
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 Chapel Rigg Drive, Scotswood, Newcastle upon Tyne, NE15
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