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 · NE12 6FU
Sold STCListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fantastic three bedroom, detached bungalow located in the sought after area of Killingworth is now available for sale with vacant possession.
Offering two double bedrooms and one single bedroom, a reception room with feature fireplace, kitchen, and bathroom.
The property may need some modernising, providing an opportunity for first time buyers, investors, or families alike to make into their dream home!
Cranham Close is well-placed for access to a range of local amenities. Killingworth Centre, with its variety of shops, supermarkets, and cafés, is within easy reach.
Families benefit from several nearby schools, including Bailey Green Primary and George Stephenson High School.
The area offers abundant green spaces, such as Killingworth Lakeside Park, providing pleasant outdoor environments for walking and recreation.
Residents can access public transport via the nearby Benton Metro Station, which offers regular services to Newcastle city centre in approximately 20 minutes.
Local bus routes provide further connectivity throughout Killingworth and into the surrounding districts, making commuting straightforward.
Major road links, including the A19 and A1, are easily accessible for drivers, offering convenient routes across Tyneside and beyond.
Newcastle city centre’s larger shopping, cultural, and employment opportunities are within a short drive. The property falls under Council Tax Band C.
This detached home in a convenient and popular part of Killingworth represents a suitable choice for buyers seeking a project or investment in a well-connected neighbourhood.
Early viewing is recommended to appreciate the potential of this property.
PRIMARY SERVICES SUPPLY Electricity: MAINS Water: MAINS Sewerage: MAINS Heating: GAS CENTRAL Broadband: ADSL Mobile Signal Coverage Blackspot: NO Parking: GARAGE & DRIVEWAY MINING The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
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 Cranham Close, Newcastle Upon Tyne
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