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 work2-bedroom house · NE12 9RE
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a superb bungalow nestled in a cul-de-sac on the sought after Meadway, offering a perfect blend of comfort and convenience.
Positioned within close proximity to Forest Hall with its wealth of amenities and excellent road and transport links, the well laid out accommodation begins with an inviting entrance hallway leading to the spacious front facing lounge ideal for relaxing or entertaining guests.
The breakfasting kitchen has views over the rear garden and is designed for both functionality and social gatherings.
The bungalow boasts an additional versatile reception room ideal for formal dining or home office.
The two well-proportioned bedrooms both benefit from fitted wardrobes providing excellent storage solutions and the family bathroom completes the accommodation.
The loft access with a pull-down ladder and part boarding adds further practicality to this lovely home.
With generous gardens to front and rear the ample outdoor space is perfect for gardening enthusiasts, while parking is a breeze with the long driveway along with an attached garage Offered with no upper chain, and the benefit of a new combination boiler installed in 2023 which has a 10-year warranty.
An early inspection is advised to secure.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Cable Mobile Signal Coverage Blackspot: No Parking: Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
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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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.
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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
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FAQ
About 97, Meadway, Newcastle Upon Tyne
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