3-bedroom house · NE35 9EA
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Renovation Opportunity: A three bedroom Semi Detached Home that would be an ideal renovation project for investors or developers in this popular location for families and couples.
The home offers generous rooms sizes and comes with southerly aspect rear gardens but does need the full renovation programme which could create value. Viewing a must.
Entrance Hall Stairs to the first floor, radiator Lounge Dining Room (5.70 x 3.34 (18'8" x 10'11")) Across the rear of the home with Parkray fire, radiator Kitchen Breakfast Room (4.10 x 3.70 (13'5" x 12'1")) Wall and base units with a sink, radiator.
First Floor Landing Bedroom 1 (4.63 x 3.33 (15'2" x 10'11")) Built in cupboard and a radiator Bedroom 2 (3.12 x 2.93 (10'2" x 9'7")) Built in cupboard, radiator Bedroom 3 (3.32 x 2.28 (10'10" x 7'5")) Radiator Bathroom (2.40 x 1.66 (7'10" x 5'5")) Bath with mixer shower tap, wash basin and WC, cupboard.
External Two brick outhouses and gardens to the front and rear with the back having a south aspect. Note Freehold title, Council Tax Band A, Mains Electric, Sewerage and Water. Flood Risk very low.
Broadband Basic 7 Mbps, Superfast 48 Mbps, Ultrafast1800 Mbps. Satellite/Fibre Tv Availability BT, Sky and Virgin. Mobile Coverage EE likely, O2, Vodafone and Three limited.
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 20, Shelley Avenue, Boldon Colliery
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