We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · NE10 9QY
Listing removedListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is highly recommended to fully appreciate the generous living space this well proportioned home has to offer.
The property features three double bedrooms and a spacious kitchen/dining room, making it ideal for families or those seeking versatile living accommodation.
Conveniently located, the property offers easy access to local amenities and transport links.
The accommodation briefly comprises: An entrance porch leading into a bright and spacious lounge, complete with a modern electric fire.
To the rear is a large kitchen/dining room fitted with a range of contemporary wall and base units, free standing cooker, and space for a washing machine and fridge/freezer.
There is ample room for a family dining table and chairs, creating a practical and sociable space. To the first floor are three well sized double bedrooms, all benefiting from double glazed windows.
The family bathroom is fitted with a modern white suite, including a panelled bath with shower over and pedestal wash hand basin. A separate WC with wash hand basin adds further convenience.
The landing also benefits from a large storage cupboard. Externally, the property enjoys both front and rear gardens, offering useful outdoor space.
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
Agent & docs
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FAQ
About 27, Elliott Drive, Tyne and Wear
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