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See how verdicts work2-bedroom bungalow · NE5 1AE
For saleListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented for sale is this refurbished semi-detached bungalow, ideally located with convenient access to local amenities and excellent public transport links.
The well-appointed accommodation comprises a spacious lounge, a newly fitted modern kitchen complete with integrated appliances, a contemporary shower room/W.C., and two bedrooms.
The main bedroom benefits from built-in wardrobes, providing excellent storage space.
A particular advantage of this property is that it is offered with no onward chain, making it an ideal purchase for first-time buyers, investors, or those looking to downsize.
Presented in move-in-ready condition, the bungalow offers a fantastic opportunity for its new owners to create a comfortable and welcoming home.
In summary, this attractive semi-detached bungalow combines modern living with a convenient location, making it a highly desirable property.
Early viewing is strongly recommended to fully appreciate everything this home has to offer.
PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains – Gas Broadband: None Mobile Signal Coverage Blackspot: No Parking: Detached garage MINING The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
TENURE Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser EPC RATING: D COUNCIL TAX BAND: B
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
FAQ
About Chapel House Drive, Chapel House
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