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See how verdicts work2-bedroom bungalow · NE9 7SJ
Listing removedListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Stoney Lane in Springwell Vilage, this well-presented two bedroom bungalow offers spacious, well-balanced accommodation all on one level, ideal for a wide range of buyers.
Offered to the market with no onward chain, this is a fantastic opportunity to secure a home in one of the area’s most desirable village locations.
The property benefits from a pleasant front aspect with a neat garden and pathway approach, while to the rear there is a low maintenance paved garden—perfect for those looking for outdoor space without the upkeep.
Internally, the home has been well cared for and offers a practical layout with generous room sizes throughout.
Eighton Banks is a highly regarded semi-rural village known for its peaceful setting, strong community feel and excellent access to surrounding areas.
You’re perfectly placed for commuting into Gateshead, Newcastle and the A1, while still enjoying the charm of village life.
There are local pubs, scenic walks and amenities close by, making it a brilliant location for both downsizers and those looking for something a little quieter.
Accommodation Entrance Hallway A welcoming central hallway providing access to all rooms.
Living Room (3.01m x 4.51m) A bright and spacious main reception room, featuring a large front window allowing plenty of natural light. Well-proportioned and ideal for relaxing or entertaining.
Dining Room (2.85m x 2.74m) A separate dining space, perfectly positioned with an open archway through to the kitchen, creating a nice flow for day-to-day living.
Kitchen (2.32m x 3.97m) A well laid out kitchen with a good range of wall and base units, ample worktop space and access through to the dining area.
Bedroom One (2.48m x 3.81m) A generous double bedroom positioned to the rear of the property.
Bedroom Two (2.87m x 2.73m) A well-sized second bedroom, ideal as a guest room, home office or additional bedroom.
Bathroom (1.64m x 2.78m) A modern and stylish shower room fitted with a walk-in shower, vanity unit and WC, finished to a clean contemporary standard.
Externally To the front is a well-kept garden with pathway access, offering great kerb appeal.
To the rear, a private paved garden area provides a low maintenance outdoor space with useful storage shed.
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. QCT260204/2
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
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
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FAQ
About Stoney Lane, Springwell Village, Gateshead, NE9
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