3-bedroom terraced house · NE15 8DQ
Listing removedListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented three bedroom terraced house offers deceptively spacious accommodation and is available with no onward chain.
The property is freehold and provides approximately 86 square metres of accommodation, combining period character with practical modern living.
This property has been refurbished by the current owners and is now finished to an excellent standard.
The undoubted highlight is the kitchen/dining room which provides the hub of the house and is sure to appeal to a wide range of purchasers with the space and quality of finish on offer.
Viewing is a must to fully appreciate. The ground floor comprises an entrance hall, sitting room with feature fireplace, and a generous kitchen/dining room fitted with a modern kitchen.
A useful utility room provides access to the rear yard, while a downstairs WC adds further convenience. Upstairs, the landing leads to three bedrooms and the family bathroom.
The modern bathroom is fitted with a bath with shower over, WC and pedestal wash hand basin. Outside, there is a town garden to the front and a west-facing rear yard with a seating area.
The rear also enjoys a lovely outlook towards green space. On-street parking is available. The property falls within Newcastle City Council, Council Tax Band A, and has an EPC rating of D.
With its well-proportioned accommodation, useful ground-floor facilities and ready-to-move-into presentation, this Edwardian terrace offers a practical and appealing layout.
Lemington is an accessible village to the west of Newcastle city centre.
It provides excellent transport links in all directions as well as easy access across the river over the nearby Scotswood Bridge. The A1 and A69 are also close at hand.
Lemington benefits from a range of local services including schools, shops and library, all of which are within easy walking distance of the property. We understand the property is freehold.
Important Note to Potential Purchasers & Tenants: We endeavour to make our 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.
The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD260194/8
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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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.
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FAQ
About 5, Ingoe Street, Tyne and Wear
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