2-bedroom house · NE17 7DJ
To rentListed 86 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming village of Chopwell, this delightful two-bedroom end terrace house on Forth Street offers a perfect blend of modern living and comfort.
Upon entering, you are greeted by a spacious layout that features two inviting reception rooms, ideal for both relaxation and entertaining guests.
The modern kitchen is well-equipped, providing a stylish space for culinary pursuits, while the contemporary bathroom ensures convenience and comfort.
The property boasts modern decor throughout, creating a fresh and welcoming atmosphere that is sure to appeal to a variety of tastes.
Each bedroom is generously sized, providing ample space for rest and personalisation.
One of the standout features of this home is the private garden, a lovely outdoor space perfect for enjoying sunny days or hosting gatherings with family and friends.
Located in a friendly community, this property is not only a wonderful place to live but also offers easy access to local amenities and transport links.
This charming house is an excellent opportunity for combining modern comforts with a peaceful setting. Don’t miss the chance to make this lovely home your own.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
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FAQ
About 62, Forth Street, Newcastle-Upon-Tyne
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