4-bedroom house · NE15 9BY
For saleListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £258,000 based on an average saving of 33%.
Market Value Price: £385,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £385,000, please contact the estate agent Andrew Craig.
Property description Nestled in the sought-after area of Newburn, this wonderful property offers a perfect blend of comfort, style, and convenience.
Set within a peaceful new build estate, the home provides an ideal setting for families, professionals, or anyone looking to enjoy the best of suburban living while remaining close to local amenities and transport links.
The property boasts bright and spacious interiors throughout, with a welcoming entrance, downstairs w.c., leading into a well-proportioned lounge area that is perfect for relaxing or entertaining guests.
The modern kitchen/dining room is thoughtfully designed with ample storage and workspace, making it both practical and stylish for everyday living.
A useful utility room leads off the kitchen and has access to the side garden.
There is an extended family room to the rear, with large windows and doors, allowing plenty of natural light to fill the space, creating a warm and inviting atmosphere (bar available under separate negotiation, ask for details).
Upstairs provides; main bedroom with stylish en-suite, two further double bedrooms, and a fourth bedroom/office, along with a well-appointed bathroom finished to a good standard.
Outside, the home benefits from a pleasant outdoor space, ideal for enjoying warmer months, gardening, or spending time with family and friends.
There is also a gated access to the driveway which leads to a detached garage.
A fantastic opportunity to acquire a welcoming home in a great position overlooking green space and walk, and in a well-connected and desirable area.
Entrance hallway lounge 5.29m (17'4) x 3.57m (11'9) kitchen/dining room 3.02m (9'11) x 7.62m (25') family room 3.67m (12'0) x 7.74m (25'5) ground floor W/C 1.37m (4'6) x 1.61m (5'3) utility 1.83m (6'0) x 1.73m (5'8) first floor landing bedroom 4.09m (13'5) x 2.89m (9'6) en-suite 1.21m (4') x 2.56m (8'5) bedroom 3.81m (12'6) x 2.96m (9'9) bedroom 3.8m (12'6) x 2.82m (9'3) bedroom/dressing room 2.73m (8'11) x 2.64m (8'8) bathroom 3.8m (12'6) x 2.82m (9'3) gardens to front and rear driveway garage Tenure The property is Freehold.
We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease.
They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 23 Mbps and a maximum download speed of 2000 Mbps at this postcode: NE15 9BY and mobile coverage is provided by EE, Three, O2 and Vodafone.
*The checker results are predictions and should not be regarded as guaranteed.
Council Tax The website states the property is Council Tax Band: E The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Money Laundering Regulations Please note that any offers will require you to be financially verified, meaning you'll need to provide us sight of a mortgage in principle, proof of deposit funds, and proof of cash.
You'll also need to provide us with full chain details including agents and solicitors down the chain.
To comply with Money Laundering Regulations all buyers will be required to provide us with proof of identification before we can issue acceptance letters and solicitors are instructed.
Material Information The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place.
All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose.
We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale.
If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
EPC Rating: B The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
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 advisors 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
Agent & docs
FAQ
About 5 Drumburgh Grove, Newburn
Explore nearby