2-bedroom semi-detached house · NE15 7JX
Sold STCListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Video Tour on our YouTube Channel | * This well-presented, two-bedroom, semi-detached home occupies a delightful corner plot within a quiet cul-de-sac on Honister Place, Lemington.
The property is an excellent choice for first-time buyers, those looking to downsize, or investors seeking a ready-to-move-into home.
The location enjoys a peaceful setting while remaining conveniently close to a range of everyday amenities.
Local shops, supermarkets, schools, and leisure facilities are all within easy reach, with excellent transport links providing straightforward access to Newcastle city centre, the Metrocentre and the A1.
Nearby green spaces and parks also make this an appealing location for those who enjoy the outdoors.
The accommodation briefly comprises an entrance lobby leading into a comfortable lounge with useful built-in storage, a well-appointed kitchen with side access to the garden, and a convenient ground floor WC.
To the first floor are two generous double bedrooms, with the main bedroom benefiting from fitted wardrobes, together with a family bathroom/WC.
Externally, the property enjoys a substantial front garden thanks to its attractive corner plot position, while the enclosed rear garden has been designed for low maintenance with attractive paving, creating an ideal space for relaxing or entertaining.
A private driveway provides off-street parking, completing the appeal of this lovely home. For further information or to arrange a viewing, please contact us on .
Tenure The agent understands the property to be freehold. However, this should be confirmed with a licensed legal representative.
Council Tax band: A Lounge - 4.12 x 3.68 (13'6" x 12'0") - Kitchen - 2.55 x 4.38 (8'4" x 14'4") - Bedroom One - 2.69 x 5.45 (8'9" x 17'10") - Bedroom Two - 2.92 x 3.61 (9'6" x 11'10") -
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 Honister Place, Newcastle Upon Tyne
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