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See how verdicts work3-bedroom semi-detached house · NE28 8TT
Sold STCReduced £15k (−6%) on 26 OctListed 75 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• STUNNING SEMI DETACHED HOUSE • EXTENDED & VERY MUCH IMPROVED THROUGHOUT• • THREE BEDROOMS • MODERN REFITTED KITCHEN & SHOWER ROOM • SPACIOUS SUN ROOM • • GARAGE & LENGTHY DRIVEWAY • LOVELY LOW MAINTENANCE GARDENS • GREAT LOCATION • • COUNCIL TAX BAND B • THE PROPERTY WILL BE FREEHOLD ON COMPLETION OF A SALE • • ENERGY RATING TBC • Porch - Double glazed entrance door with window to the side, tiling to floor, glazed inner door leading into the property.
Lounge - 4.77 x 3.85 (15'7" x 12'7") - Laminate flooring, under stair cupboard, radiators, open plan to sun room.
Sun Room - 3.59 x 2.99 (11'9" x 9'9") - Double glazed windows, sky light windows to roof, laminate flooring, radiators and double glazed door leading out to the rear garden.
Kitchen - 2.90 x 2.15 (9'6" x 7'0") - Fitted with a range of wall and base units with contrasting work surfaces over and sink unit, integrated double oven and microwave, hob with extractor hood over, integrated fridge/freezer, laminate flooring, double glazed door leading out to the rear garden with window to the side.
Landing - Storage cupboards, radiator. Bedroom 1 - 3.23 x 2.70 (10'7" x 8'10") - Double glazed window, radiator. Bedroom 2 - 2.93 x 2.81 (9'7" x 9'2") - Double glazed window, cupboard, radiator.
Bedroom 3 - 2.85 x 2.68 (9'4" x 8'9") - Double glazed window, radiator.
Shower Room - 1.97 x 1.66 (6'5" x 5'5") - Comprising; shower cubicle, WC and wash hand basin, panelling to walls, tiling to floor, ladder style radiator and double glazed window.
Garage & Parking - There is a single garage and a lengthy resin bound driveway. Gardens - There is a garden to the front of the property which is laid to lawn together with planted beds.
There is a gate at the side leading to the rear garden, the rear has been designed for low maintenance and has a fenced perimeter.
Lease Information - The property currently has a 99 year lease dated from 01/03/1976 with around 49 years remaining, we have been advised by the Vendor that they are purchasing the freehold and the property will be sold as freehold on completion of a sale.
Ground rent is £25 per year.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor Three-UK-Good outdoor Vodafone-Good outdoor, variable in-home 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.
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.
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