We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · NE6 5DY
Listing removedListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom ground floor Tyneside flat with no upper chain involved, ideal for a first time buyer, situated at the end off a terrace on Trewhitt Road in Heaton, nearby bus routes and a park.
Benefitting from gas central heating and seal ed unit double glazed windows.
Briefly comprising of an Entrance Hallway with laminate flooring and a storage cupboard, Lounge to the rear aspect with laminate flooring and a feature fireplace.
Kitchen with wall and base units, worktop surfaces, stainless steel sink and drainer unit, tiled splash back, wall mounted Combi boiler, integrated electric oven and gas hob.
Bedroom 1 with a bay window to the front, laminate flooring, coving and rose to the ceiling. Bedroom 2 is to the rear aspect. Externally there is a private yard to the rear.
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
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FAQ
About 187, Trewhitt Road, Newcastle Upon Tyne
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