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See how verdicts work3-bedroom semi-detached house · NE23 6AA
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three storey, three bedroomed semi detached house located in a cul-de-sac on the edge of the estate very close to schools, bus routes and within walking distance of the town centre.
The property offers well designed accommodation equipped with gas fired combi central heating and includes a garage and additional parking.
An ideal choice for a first time buyer or young family Leasehold 999 year term from 2011 Council Tax Band B EPC Rating to be confirmed Entrance Hall Radiator Living Room 4.27m (14'0") x 3.25m (10'8") Radiator, t.v.
point, understairs cupboard Dining Room/Kitchen 4.11m (13'6") x 3.05m (10'0") Fitted with a range of white base and wall units with drawers and cupboards, laminate work tops, stainless sink unit with mixer tap, built in stainless steel cooker with gas hob and electric oven, stainless steel splashguard and cooker hood, plumbing for washing machine, breakfast bar, radiator, * LVT flooring in the main ground floor rooms Downstairs Cloakroom White coloured washbasin and low level w.c.
set, radiator Bedroom 1 4.17m (13'8") x 2.64m (8'8") Radiator, LVT flooring, built in cupboard containing Baxi gas fired combi central heating boiler Bedroom 2 2.74m (9'0") x 2.29m (7'6") Radiator Bathroom White coloured suite of panelled bath with mixer tap, mains rainshower and flexible spray, pedestal washbasin and low level w.c.
set, radiator, partly tiled walls, recessed ceiling lights Main Bedroom 4.27m (14'0") x 4.27m (14'0") ( Overall size ) radiator, t.v.
point En Suite Shower compartment with mains rainshower and flexible spray, pedestal washbasin and low level w.c.
set, radiator, electric extractor fan Externally To the front of the house there is a hard landscaped area and a brick built Garage with electric supply (adjoining parking space).
A side access leads to the west facing rear garden which has an artificial lawn, decked area and timber shed Tenure Leasehold. 999 year term from 2011 Ground Rent £ 150 pa
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
Agent & docs

FAQ
About Alexandra Chase, Cramlington
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