3-bedroom semi-detached house · NE5 1JY
Sold STCListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in an excellent location within the popular Chapel House area of Newcastle upon Tyne, this three-bedroom semi-detached property presents an exciting opportunity for buyers looking to renovate and create a fantastic family home to their own taste and specification.
The property benefits from front and rear gardens, providing outdoor space for relaxation, gardening or entertaining.
To the rear, there is a garage with a driveway, offering valuable off-street parking and additional storage.
Although the property is in need of renovation and modernisation, it offers excellent potential for improvement and personalisation, making it an ideal purchase for first-time buyers, families, investors or those seeking their next project.
The property is conveniently positioned for access to a range of local amenities, with nearby shopping facilities including Chapel House Shopping Centre, Tesco Express, Heron Foods and other everyday conveniences.
Families will appreciate the choice of nearby schools, including Milecastle Primary School, Knop Law Primary School and St John Vianney Catholic Primary School.
The area is also served by local bus routes, providing connections towards Newcastle city centre and surrounding areas.
Newcastle International Airport and nearby Tyne and Wear Metro stations are accessible, while road links offer convenient access to the wider region.
This well-established residential location, combined with the property's generous outdoor space and exciting renovation potential, makes it an attractive prospect for a variety of purchasers.
Offered for sale with NO ONWARD CHAIN, this is an excellent opportunity to acquire a property with fantastic potential in a popular residential area.
Early viewing is highly recommended to fully appreciate the potential on offer.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. CHH260130/2
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 Hillhead Parkway, Newcastle upon Tyne, Tyne and Wear, NE5
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