3-bedroom terraced house · NE38 0PD
Under offerListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Onward Chain!
This spacious three bedroom mid-terrace property, in the quiet and highly popular location of Caradoc Close, Lambton, Washington, is proudly presented to the sales market by Jill Moore Sales & Lettings.
Benefitting from a private rear garden, two good-sized bedrooms and no onward chain, this property makes the perfect downsize or first time buy!
Entrance Hall Enter through doorway into light and airy hallway which offers doors off to main dining space, w/c/utility and lounge.
Utility Room 1.68m x 1.68m The good-sized utility room features hand wash basin, neutral walls, w/c, double glazed window and laminate flooring.
Dining Room 4.45m x 2.87m The dining space is flooded with natural light from the large double glazed French doors which lead out into the rear garden, and features neutral walls, carpet flooring and stairs leading to first floor.
Kitchen 2.7m x 3.5m The spacious kitchen offers neutral base and wall units providing ample storage space, neutral walls, laminate flooring, and large double glazed window looking out over the rear garden.
Lounge 4.34m x 3.25m The generously sized lounge space is filled with natural light from the large double glazed windows, neutral walls, carpet flooring and radiator.
Bedroom 3 2.4m x 2.92m The third good-sized bedroom features neutral walls, double glazed window allowing for ample natural light and radiator.
Bedroom 2 2.97m x 4.4m The second double bedroom features neutral walls, carpet flooring, double glazed window and radiator.
Bedroom 1 3.73m x 2.72m The main double bedroom is complete with carpet flooring, radiator, double glazed window which fills the space with natural light and radiator.
Bathroom 1.75m x 2.92m The spacious family bathroom offers neutral part-tiled walls, large double glazed window, walk in shower cubicle, hand wash basin, w/c and towel rail/radiator.
External To the rear, a beautifully landscaped private garden with shrubbery border and paved patio/pathway which leads to a rear entrance/exit gate.
To the front, a well maintained garden with paved pathway leading to front door.
Location Caradoc Close is found in the popular and quiet area of Lambton, Washington with superb local schools within walking distance.
Other amenities such as shops, pubs and restaurants are also just a short walk awa., as is the Galleries Shopping Centre which offers high street brands and supermarkets.
The property also benefits from great commuting links via the A1 and A19 major roads leading into larger cities such as Sunderland, Newcastle and/or Durham.
The property also falls near a major bus route allowing for easy public transport links.
Disclaimer DISCLAIMER Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it.
MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance.
If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation.
This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service.
PLEASE NOTE Please note that all sizes have been measured with an electronic measuring tape and are approximations only.
Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves.
We present these details of the property in good faith and they (truncated) Property Information The following information should be read and considered by any potential buyers prior to making a transactional decision.
We are advised by the seller that the property has mains gas, electricity, water and drainage.
MAINTENANCE/SERVICE CHARGES- No WATER METER- No PARKING ARRANGEMENTS: On Street BROADBAND SPEED: No issues reported by vendor.
The maximum speed for broadband in this area is shown by inputting the postcode at the following link here> Broadband Speed Checker - UK's No.1 Broadband Speed Test ELECTRIC CAR CHARGER- No MOBILE PHONE SIGNAL: No known issues at the property NORTH EAST OF ENGLAND- EX MINING AREA: We operate in an ex-mining area.
This property may have been built on or near an ex-mining site. Further information can/will be clarified by the Solicitors prior to completion.
The information above has been provided by the seller and has not yet been verified at this point of producing this material. There may be more information related to the sale of this (truncated)
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 Caradoc Close, Lambton, Washington, Tyne and Wear, NE38
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