2-bedroom terraced house · NE29 9NQ
For saleListed 184 days
Opportunity summary
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About
WONDERFUL OPPORTUNITY TO ACQUIRE THIS FULLY REFURBISHED TWO BEDROOM END TERRACE PERIOD PROPERTY SITUATED WITHIN PRESTON VILLAGE - OFFERED WITH NO UPPER CHAIN Brannen & Partners are delighted to welcome to the market this attractive two bedroom period property, conveniently located close to local shops and amenities in Preston Village.
Boasting stylish interiors, modern kitchen/breakfast room, freshly painted throughout, new flooring and private yard.
Briefly comprising: Entrance vestibule to an inviting hallway where there is understairs storage.
Overlooking the front of the property is a characterful living room, featuring decorative coving, bay window, alcove storage and an attractive fireplace.
To the rear is a well proportioned kitchen/breakfast room, stylish fitted units provide storage and integrated appliances include an induction hob, extractor fan, oven, fridge/freezer and washing machine.
A door offers access out to the rear yard. To the first floor is a bright and airy landing leading to the bedrooms and bathroom as well as benefitting from a built in storage cupboard.
Both bedrooms are good sized doubles and the bathroom comprises a bath with shower over, hand basin, W.C. and heated towel rail.
Externally to the rear is a private yard and to the front is a low maintenance enclosed town garden.
The property is ideally located with a good choice of local shops and amenities, as well as good road and local transport links.
Also conveniently situated a short car ride to Tynemouth Village which is a highly desirable area located at the mouth of the River Tyne and has a good choice of restaurants and shops.
Entrance Vestibule - Hallway - Living Room - 4.84m x 3.95m (15'10" x 12'11") - Kitchen/Breakfast - 4.48m x 3.78m (14'8" x 12'4") - Bedroom One - 5.22m x 3.60m (17'1" x 11'9") - Bedroom Two - 3.89m x 2.64m (12'9" x 8'7") - Bathroom - 2.88m x 1.93m (9'5" x 6'3") - Externally - To the rear is a private yard and to the front is a low maintenance enclosed town garden.
Tenure - Freehold
Value & comps
No previous sales on record.
Returns
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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 Walton Avenue, Preston Village
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