We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NE4 6RS
For saleListed 2 daysAuction 25 Nov · in 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unconditional Auction (option 1) Online bidding will be opening 25/11/26 at 9:00 Disclaimer One This property is to be sold via unconditional auction (option 1).
The successful buyer will need to pay a non-refundable deposit of 10% of the value of the agreed purchase price, subject to a minimum of £3,000.00.
Contracts will exchange immediately and completion will take place no later than 28 days of the date of the deposit being taken and the exchange of contracts.
Disclaimer Two Every auction property comes with a guide price and a reserve price.
The guide price sets the starting point for bidding, while the reserve price represents the minimum price that the seller is willing to accept at auction.
The auctioneer is not allowed to sell the property below this reserve price. The reserve price is not revealed to the public and is kept confidential between the seller and the auctioneer.
It may be up to 10% higher than the guide price. Please note that both the guide price and the reserve price are subject to potential changes leading up to and including the day of the auction.
Disclaimer Three At your request we can refer you to a Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £200 including Vat from them for the recommendation.
Reservation Fee This property is sold subject to a non-refundable reservation fee of £2,400.00 inc VAT (£2,000.00 plus VAT) The reservation fee does not form part of the purchase price.
Legal Pack A legal pack will be available to download before the auctions end date. We strongly recommend all buyers to familiarise themselves with the legal pack prior to bidding.
Registration To register to bid for this property please copy the link below into your browser.
northwoodauctionne.com The property is spacious throughout, with options to complete a previous loft conversion with potential for six bedrooms or even a HMO conversion.
A good-sized front reception room featuring a high ceiling and broad bay window that gives an open feel and brings in natural light.
The adjoining kitchen provides ample floor area for a future refit, currently arranged with worktops, freestanding appliances and storage units.
Upstairs are three bedrooms, each with space to accommodate standard bedroom furniture, and a first-floor bathroom with bath, WC and basin, ready for modernisation.
The loft area is unfinished, highlighting further potential for storage or, subject to consents, future development.
Outside, there is an enclosed rear yard with hardstanding, suitable for low-maintenance outdoor space.
Tenure: Freehold Council Tax Band: A - £1,693.77 EPC Rating: E Material Information- Built of standard construction Located in the West End of Newcastle upon Tyne, the house is well placed for local shops and services on West Road, where you’ll find supermarkets, cafés, takeaways and everyday amenities.
Nearby parks such as Nuns Moor and Hodgkin Park provide green space for walking and recreation.
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: E. Tenure: Freehold,
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 Beech Grove Road, Elswick, Newcastle upon Tyne, NE4
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