2-bedroom terraced house · NE37 3EX
Sold STCListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom mid-terraced home is offered to the market with a tenant in situ, presenting an immediate income-producing opportunity for investors.
The ground floor comprises an entrance hallway leading to a front living room with feature fireplace.
To the rear, the kitchen provides fitted wall and base units with space for dining and access to the enclosed rear yard.
Upstairs, there are two double bedrooms and a family bathroom fitted with a three-piece suite including bath with shower over, wash basin and WC.
Externally, the property benefits from an enclosed private yard to the rear. The home is double glazed and benefits from gas central heating.
Being sold with a tenant in situ, this is a straightforward addition to an existing portfolio or an ideal first investment in a consistently popular rental location.
Kitchen w: 5.63m x l: 3.03m Living Room w: 4.23m x l: 3.53m Bedroom 1 w: 4.01m x l: 3.49m Bedroom 1 Bedroom 2 w: 3.14m x l: 3.07m Bedroom 2 Utility Room w: 2.1m x l: 1.97m Room 3 Bathroom w: 2.61m x l: 3m
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.
Area
Agent & docs
FAQ
About Manor View, Washington, NE37 3
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