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See how verdicts work2-bedroom terraced house · NE17 7DD
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary New to the market this two bedroom mid terrace property in Chopwell, Newcastle upon Tyne, presenting an investment opportunity with a tenant currently paying 550 per month.
This freehold home features gas central heating and double glazing throughout, and falls within council tax band A.
The accommodation includes an entrance hall with a double glazed entrance door and window, leading into the lounge.
The kitchen is fitted with wall and base units, work tops, a single drainer sink unit, built-in electric oven and hob, and provides space for a washing machine.
There is a combination boiler, storage cupboard, built-in cupboard, and double glazed rear aspect window and door.
The kitchen gives access to the bathroom, which is fitted with a white three piece suite including a panelled bath, pedestal wash hand basin, and low level W.C., as well as a single radiator and double glazed rear aspect window.
Upstairs, the first floor landing offers access to the roof space.
Bedroom one is fitted with wardrobes, a single radiator, and a double glazed front aspect window, while bedroom two also features fitted wardrobes, a double radiator, and a double glazed window.
Externally, there is an enclosed rear yard which is mainly paved with walled boundaries and gated access. On street parking is available.
Located close to local shops, schools, amenities with excellent bus and road links into Newcastle Upon Tyne.
Council Tax Band: A Tenure: Freehold Entrance Hall Double glazed entrance door and window, door into lounge.
Kitchen (7.3m x 3.0m) Fitted wall and base units with work tops and a single drainer sink unit, built in electric oven and hob, space for a washing machine, combination boiler, single radiator, storage cupboard, built in cupboard, double glazed rear aspect window and door.
Door into bathroom. Bathroom White three piece suite comprising panelled bath, pedestal wash hand basin, low level W.C. Single radiator, double glazed rear aspect window.
First Floor Landing Access to roof space Bedroom One (4.7m x 3.2m) Fitted wardrobes, single radiator, double glazed front aspect window.
Bedroom Two (3.7m x 3.0m) Double glazed window, fitted wardrobes, double radiator. Rear Yard Mainly paved, walled boundaries, gates access.
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 17, Wansbeck Street, Newcastle upon Tyne
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