3-bedroom terraced house · NE23 6RH
For saleListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no upper chain this three bedroomed mid terraced house offers an excellent opportunity for investors/developers or those looking to buy a spacious house to refurbish to their own taste.
The property is conveniently situated for access to local amenities together with public transport and road links to nearby centres.
The accommodation briefly comprises a lounge to the front, dining kitchen to the rear, rear porch, three first floor bedrooms and shower room/w.c.
Externally there is a yard to the rear and the property benefits from gas fired central heating together with upvc double glazing.
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 40, Ridley Street
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