3-bedroom semi-detached house · NE5 3ST
For saleReduced £5k (−3.7%) on 2 OctListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely two bedroom home situated on Colwyne Place in the popular area of Blakelaw, Newcastle Upon Tyne. The area provides a good range of local services including schools, shops and parks.
There are also numerous bus routes and transport links giving access to the city centre. The A1 and A69 are both close at hand linking to the central motorway network.
This well-proportioned home offers comfortable and practical accommodation across two floors, making it an ideal choice for first-time buyers, small families, or investors.
The ground floor features a welcoming porch leading into a central hallway, creating a sense of space and easy flow throughout the property.
The bright and inviting lounge provides a relaxing area for everyday living, while the kitchen is well arranged with ample space for cooking and storage, supporting convenient day-to-day use.
Upstairs, the property comprises two well-sized bedrooms, offering flexible accommodation for residents, guests, or home working.
A modern shower room serves the first floor, designed for practicality and ease of use.
Externally, the home benefits from driveway parking and a garden space, providing an ideal outdoor setting for relaxation, entertaining, or gardening.
With its straightforward layout, outdoor space, and low-maintenance appeal, this property presents a fantastic opportunity for buyers seeking a comfortable and accessible home.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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 advisors 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
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FAQ
About 179, Colwyne Place, Newcastle upon Tyne
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