2-bedroom semi-detached house · NE10 9TR
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A deceptively spacious and extended home, complete with a generous driveway, detached garage and attractive rear garden.
This well-proportioned property provides a practical layout that should appeal particularly to first-time buyers, couples and those looking for a home with good indoor and outdoor space.
The rear extension is a real advantage, creating a notably generous kitchen and dining area while retaining a separate living room.
The living room is bright and comfortable with wood-effect flooring and a feature fireplace, providing plenty of space for everyday relaxation.
To the rear, the extended kitchen is considerably larger than might be expected from the front of the property, with an excellent range of units, ample worktop space and room for a dining table.
Multiple windows bring in plenty of natural light, while a door provides direct access to the garden. A useful ground floor WC completes this level.
Upstairs are two well-proportioned bedrooms, with the main bedroom benefiting from useful fitted storage.
The bathroom has been finished with contemporary tiling and incorporates a large shower enclosure, vanity unit and heated towel rail. Externally, the property continues to impress.
A substantial driveway provides valuable off-street parking and leads through secure gates to a detached garage, giving excellent additional parking, storage or workshop space.
To the rear is an enclosed garden with a paved seating area, lawn and established planting, creating a pleasant and relatively private outdoor space.
Balmoral Way is conveniently positioned within the NE10 area of Gateshead, with a good range of everyday amenities, schools and transport links within easy reach.
The location provides straightforward access towards Gateshead and Newcastle city centres, while nearby road connections make the property well placed for commuting throughout Tyneside.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Balmoral Way, Gateshead
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