2-bedroom house · NE12 9DT
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this superb, spacious semi detached home offering a fantastic opportunity for first time buyers and small families alike.
Benefitting from excellent public transport links, proximity to a variety of schools and a plethora of local amenities.
This makes an ideal place for those looking for a convenient lifestyle within easy access to essential services.
Step inside to a generous porch leading to hallway and the spacious lounge with feature fireplace, window to front and French doors to the rear garden flooding the room with natural light.
The breakfasting kitchen is both stylish and practical with a good range of wall and base units and dual aspect windows which create an abundance of natural light making it ideal for entertaining family and friends.This leads to the sun lounge extension perfect for relaxing and gives access to the gardens.
Upstairs you will find two double bedrooms and the family bathroom with a shower over the bath catering to both preferences.
The loft access with a pull down ladder and part boarding adds further practicality to this lovely home Occupying a corner position with a well kept double fronted garden, driveway providing off street parking and garden to rear.
Early internal inspection is advised to avoid disappointment. Freehold. EPC: D, Council Tax Band: A. Gas, Electric, Water, Heating: Mains Connected.
Broadband: Fibre, Mobile Phone Blackspot: No Mining: The property is not known to be on a coalfield and is not known whether to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and 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
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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 20, Cresswell Avenue, Newcastle Upon Tyne
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