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 flat · NE28 7SB
Sold STCListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IDEAL FIRST TIME PURCHASE • TWO BEDROOM FIRST FLOOR FLAT WITH GARAGE CHAIN FREE • WITHIN WALKING DISTANCE TO RICHARDSON DEES PARK AND CLOSE TO "THE GREEN" CLOSE TO LOCAL AMENITIES, GOOD TRANSPORT LINKS AND SCHOOLS • COUNCIL TAX BAND A CURRENTLY FREEHOLD BUT A NEW 999 YEAR TYNESIDE LEASE IS TO BE CREATED • ENERGY RATING C Entrance - Double glazed entrance door and stairs leading to first floor landing.
Landing - Access to Loft, Bathroom, Bedrooms and Lounge Lounge - 4.32 x 4.11 max (14'2" x 13'5" max) - Double glazed window, radiator, laminate flooring and access to kitchen.
Kitchen - 3.10 x 2.26 (10'2" x 7'4") - Double glazed window, radiator, fitted with range of wall and base units with countertops, sink, plumbed for washing machine and built in hob and oven and laminate flooring.
Stairs leading to rear with UPVC door. Bathroom - 2.40 x 2.35 (7'10" x 7'8") - Doube glazed wndow, fully tiled walls and floor, radiator, bath with overhead shower, WC and wash hand basin.
Bedroom 1 - 4.48 x 4.09 (14'8" x 13'5" ) - Coving to ceiling, radiator. Front elevation. Bedroom 2 - 3.19 x 2.38 (10'5" x 7'9" ) - Coving to ceiling, radiator.
Front Elevation External - To the rear there is private storage with electric garage door.
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 Three-Good outdoor, variable in-home Vodafone - Good outdoor 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.
Important Information - The property is currently freehold, a standard 999 year Tyneside Lease will be created with no ground rent.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Cumberland Street, Wallsend
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