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 house · NE23 6QT
Listing removedReduced £10k (−3.8%) on 8 AugListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated on the ever popular Southfield Green estate in Cramlington, this extended three bedroom semi detached home offers spacious and modern living accommodation, ideal for families and first-time buyers alike.
The property briefly comprises an entrance porch leading into a welcoming hallway, a comfortable lounge, and an impressive rear extension creating a versatile open-plan kitchen and dining/lounge area, perfect for entertaining and everyday family living.
To the first floor are three well proportioned bedrooms and a contemporary family bathroom.
Externally, the property benefits from a driveway providing off street parking, a garage and a lawned garden to the front.
To the rear is a low maintenance enclosed garden, ideal for relaxing and outdoor dining.
Finished with modern dcor throughout, this attractive home is ready to move straight into and must be viewed to be fully appreciated. Council Tax Band: 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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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 22, Gainsborough Place, Cramlington
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