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 work2-bedroom terraced house · NE28 0JZ
Sold STCListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** INVESTMENT OPPORTUNITY ** TWO BEDROOM END TERRACED HOUSE ** ** TWO RECEPTION ROOMS ** PRIVATE YARD TO REAR ** CLOSE TO A19, AND MAJOR ROAD LINKS ** ** SELLING WITH LONG TERM TENTANTS IN SITU ** CLOSE TO LOCAL AMENITIES ** ** CURRENT RENT £400 PCM ** COUNCIL TAX BAND A ** ENERGY RATING D ** FREEHOLD ** Entrance - UPVC door into hallway Hallway - 3.45 x 0.91 (11'3" x 2'11") - Radiator, access to lounge (currently being used as 3rd bedroom), dining area (currently being used as lounge), kitchen and bathroom.
Lounge - 4.07 max x 3.82 (13'4" max x 12'6" ) - Currently 3rd bedroom, double glazed window, radiator, cornice to ceiling.
Dining Area - 3.89 x 3.04 max (12'9" x 9'11" max) - Currently being used as lounge, double glazed window, radiator, coving to ceiling and access to kitchen Kitchen - 4.79 max x 1.90 (15'8" max x 6'2") - Fitted with range of base and wall units with work surfaces, sink unit, plumbed for washing machine, double glazed window and access to inner lobby.
Inner Lobby - 1.50 x 0.90 (4'11" x 2'11") - UPVC door with access to rear yard.
Bathroom - 1.89 x 1.70 (6'2" x 5'6" ) - Double glazed window, radiator, fitted with bath with shower head attachment, WC and wash hand basin Stairs To First Floor Landing - Leading to..
Bedroom 1 - 4.05 x 3.91 (13'3" x 12'9") - Double Glazed window to the front elevation, radiator. Bedroom 2 - 3.71 x 2.94 (12'2" x 9'7" ) - Double glazed window to rear elevation, radiator.
External - To the front there is on street parking available and to the rear there is a private yard.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2- Good outdoor and in-home Three- Good outdoor, variable in-home Vodafone - Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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
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FAQ
About Barrasford Street, East Howdon, Wallsend
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