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See how verdicts work3-bedroom terraced house · NE28 0DU
Sold STCListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** MID TERRACE HOUSE - THREE BEDROOMS - WELL PRESENTED THROUGHOUT - LOUNGE/DINING ROOM - MODERN KITCHEN - FOUR PIECE BATHROOM - IDEAL FIRST TIME BUY - FRONT AND REAR GARDENS - *FREEHOLD *** Mike Rogerson Estate Agents are pleased to offer for sale this Three Bedroom Mid Terrace House located on Ridley Avenue in Howdon, Wallsend.
The property is close to all local amenities: schools, shops, industrial, walking distance to Howdon Metro Station, medical and leisure facilities with good access to all major road and bus links.
The property offers well presented and spacious family accommodation which briefly comprises: entrance hall with stairs to first floor, spacious lounge/dining room, modern kitchen.
To the first floor are three good sized bedrooms and four piece bathroom/w.c.
Externally, there are gardens to both the front and rear of the property, the rear garden being laid mainly to lawn with patio, brick storage area and fenced boundaries.
The property benefits from gas central heating, double glazing and solar panels. EPC Rating: B *The vendor advises us that the property is offered with Freehold tenure.
We advise that you have this confirmed with a solicitor upon an accepted offer. Viewing is essential to appreciate the accommodation on offer.
Please contact the Wallsend Office to make arrangements to view.
Entrance Hall Lounge Lounge additional image Dining Room Kitchen Kitchen additional image First Floor Landing Bedroom One Bedroom One additional image Bedroom Two Bedroom Two additional image Bedroom Three Bathroom/w.c Bathroom/w.c additional image Externally Rear Elevation EPC Rating: B A full version of the Energy Performance Certificate is available upon request.
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
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FAQ
About Ridley Avenue, Wallsend
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