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 work3-bedroom terraced house · NE40 4BE
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented terraced home provides well-proportioned accommodation that should appeal particularly to couples and families, with the versatile loft room providing additional space as either a third bedroom or home office.
The house has UPVC double and gas central heating (via combi.
boiler) with accommodation comprising, on the ground floor (from the rear): a kitchen/diner that is fitted with painted units and granite-effect worktops, a built-in electric oven and gas hob with extractor over, a built-in storage cupboard and recessed spotlights.
A door leads through to the living room, to the front, which has exposed wooden floorboards and a Hamlet multi-fuel stove in the recessed fireplace, which provides a lovely central focal point with an oak mantel and tiled hearth.
The front entrance lobby has a door out to the front garden and stairs up to the first floor.
The first floor landing leads to the two bedrooms and the bathroom, as well as to a door to a stairway up to the converted loft bedroom (with Council building control approval, from 2006).
The larger of the two first-floor bedrooms is situated to the front with a slightly smaller bedroom to the rear, adjacent to the bathroom, which is fitted with a white suite that comprises a panelled bath with mains-fed shower over, a 'floating' wash basin and a W.C., with an extractor fan, tiled flooring, recessed spotlights and a towel radiator.
The loft bedroom has three Velux windows and storage cupboards into the eaves, and provides a great additional bedroom or office.
Externally, there is a low maintenance front garden with artificial turf and a path to the pedestrianised path along the terrace (with a communal grassed area between the terraces).
To the rear is an attractive enclosed yard with a cold water tap and with wooden gates that enable access and space for parking.
Agent's Note - The condensing dryer (in the kitchen cupboard), a free-standing washing machine, slimline dishwasher and fridge/freezer may be included in the sale, subject to an acceptable offer.
Location - Milton Street is tucked away off Rockwood Hill Road in Greenside, which is a semi-rural village, in Ryton, with fantastic nearby countryside and local walks, situated at the edge of the Tyne and Derwent Valleys.
Within the village there are amenities including shops, churches, public houses, the primary school and public transport links, with easy access to major roads, including the A695, connecting to the neighbouring villages and towns, including Prudhoe, Ryton, Rowlands Gill, Hexham and the regional centres of Gateshead and Newcastle, which are approximately 9 miles to the east.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. CRA260248/2
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
Agent & docs

FAQ
About Milton Street, Greenside, Ryton, Tyne and Wear, NE40
Explore nearby