2-bedroom bungalow · NE16 3EU
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two-Bedroom Semi-Detached Bungalow – No Onward Chain True Homes Estate Agents are delighted to welcome to the market this beautifully presented two-bedroom semi-detached bungalow, pleasantly situated on the popular Lumley Avenue and offered for sale with NO ONWARD CHAIN.
The property benefits from gas central heating and double glazing and offers well-planned accommodation comprising an entrance hall, spacious lounge, refitted kitchen, two bedrooms, modern shower room and a conservatory overlooking the attractive south-facing rear garden.
A further benefit is the garage/utility room, providing excellent additional storage and practical space.
The property is conveniently positioned for local amenities together with excellent road and public transport links to surrounding areas.
Internal viewing is highly recommended to fully appreciate the condition, location and accommodation this lovely bungalow has to offer.
Accommodation Entrance Hall Providing access to the principal accommodation.
Lounge – 16'4" x 12'4" (4.98m x 3.76m) A generously proportioned main reception room offering ample space for a range of furnishings.
Kitchen – 11'3" x 7'7" (3.43m x 2.31m) Refitted kitchen featuring a range of units together with a gas hob, electric oven and integrated fridge.
Conservatory – 9'7" x 9'2" (2.92m x 2.79m) Providing additional living space and enjoying views over and access towards the south-facing rear garden.
Bedroom One – 15'4" x 8'11" (4.67m x 2.72m) A spacious double bedroom benefiting from fitted wardrobes.
Bedroom Two – 9'5" x 9'7" (2.87m x 2.92m) A well-proportioned second bedroom suitable for a variety of uses. Shower Room – 5'8" x 5'4" (1.73m x 1.63m) Refitted shower room.
Garage / Utility Room – 17'10" x 7'10" (5.44m x 2.39m) A useful additional space providing garage, storage and utility facilities.
Externally The property benefits from landscaped gardens to the front, while to the rear is an attractive enclosed south-facing garden with raised borders, providing a pleasant and private outdoor space.
Key Features NO ONWARD CHAIN • TWO BEDROOMS • SEMI-DETACHED BUNGALOW • SOUTH-FACING REAR GARDEN • CONSERVATORY • REFITTED KITCHEN • MODERN SHOWER ROOM • GARAGE/UTILITY ROOM • GAS CENTRAL HEATING • DOUBLE GLAZING • EPC GRADE D Viewing is essential and is strictly by appointment through True Homes Estate Agents.
Viewing Contact True Homes Estate Agents to arrange your appointment to view.
This is a distinctive property offering considerably more than a traditional bungalow, and an internal viewing is strongly recommended to appreciate the accommodation, grounds, outbuildings and future potential.
Important Notice – Digitally Enhanced Images Some marketing images have been digitally enhanced using AI to illustrate the property’s potential.
Enhancements may include cosmetic decoration, furnishings, landscaping, lighting or colour improvements.
No room dimensions, wall positions, structural elements, layouts, windows, doors or the overall size of the property are intended to have been altered.
Prospective purchasers should rely upon their physical inspection of the property, floor plan and official particulars when making a purchasing decision.
Disclaimer We endeavour to ensure our property particulars are accurate; however, they are intended as a general guide only.
Services, systems and appliances referred to within these particulars have not been tested by us and no guarantee is given regarding their condition, operation or efficiency.
All measurements and floor plans are approximate and should not be relied upon for the purchase of furnishings, fittings or other purposes. Some information may be awaiting vendor approval.
If clarification is required on any point, please contact True Homes Estate Agents directly. Making an Offer All offers are subject to financial verification.
This may include a mortgage agreement in principle, evidence of deposit funds, proof of available cash and full details of any related property chain, including selling agents and solicitors.
In accordance with applicable anti-money laundering requirements, identification and other relevant information will be required from purchasers before the transaction can proceed.
Tenure Tenure information should be confirmed by the purchaser’s legal adviser as part of the conveyancing process.
Financial Advice YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Through our association with an independent mortgage adviser, mortgage advice may be available to prospective purchasers.
Eligibility and availability of mortgage products are subject to individual circumstances and lender criteria. Free Valuation Thinking of selling?
True Homes Estate Agents is a family-run independent estate agency combining extensive local property experience with a personal and professional approach.
For a FREE, no-obligation property valuation, contact True Homes Estate Agents.
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 Lumley Avenue, Swalwell, Whickham, Gateshead
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