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See how verdicts work4-bedroom terraced house · NE3 5RP
Listing removedListed 408 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no onward chain is a 3 / 4 bedroom town house located within the popular Melbury development of the Newcastle Great Park.
The property offers versatile accommodation over 3 floors together with ample private off street parking and integrated garage.
It is well positioned for access to frequent transport links as well as providing easy access to the A1 motorway and central Gosforth.
Briefly comprising entrance hallway with WC and reception room/4th bedroom. To the first floor is a full width sitting room together with modern kitchen and breakfast room.
To the second floor are three bedrooms, en suite to master and a family bathroom with shower. Externally to the rear is a private garden with ample off street parking together with integrated garage.
There is a town garden to the front with wrought iron railings. The property also benefits from UPVC double glazing and gas fired central heating.
Tenure: Freehold Council Tax Band: E EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Broadband: Cable Mobile Signal Coverage Blackspot: No Parking: Garage Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights Restrictions on property?
Yes: No keeping pets, running a business, sub-letting, parking boats, caravans or mobile homes on site, holiday home-use.
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
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FAQ
About 49, Netherwitton Way, Newcastle Upon Tyne
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