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 terraced house · NE28 6BW
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** TWO BEDROOM MID TERRACE HOUSE ** CHAIN FREE ** GREAT FIRST BUY ** ** CLOSE TO LOCAL SHOPS, SCHOOLS & TRANSPORT LINKS ** PRIVATE YARD TO REAR ** ** WITHIN WALKING DISTANCE TO WALLSEND METRO STATION & TOWN CENTRE ** ** FREEHOLD ** COUNCIL TAX BAND A ** ENERGY RATING TBC ** Entrance - Double glazed entrance door opening into the hall.
Staircase leading to the first floor landing, access into the lounge.
Lounge - 5.00 x 4.90 (16'4" x 16'0") - (Measurements take to maximum point) Double glazed window to the front elevation, under stairs storage cupboard, access into the kitchen and bathroom, radiator.
Kitchen - 3.03 x 2.24 (9'11" x 7'4") - Fitted with a range of wall and base units with complementing work surfaces and tiling to walls, sink unit, double glazed window to the side elevation, plumbing for washing machine, access into the rear lobby.
Bathroom - 2.22 x 1.46 (7'3" x 4'9") - A white three piece suite comprising; bath with shower over, WC, wash hand basin, tiling to the walls, double glazed window to the side elevation.
Stairs To First Floor Landing - Double glazed window, access to... Bedroom 1 - 4.91 max x 2.98 (16'1" max x 9'9") - Double glazed window to the front elevation, radiator.
Bedroom 2 - 2.98 x 1.92 (9'9" x 6'3") - Double glazed window to the rear elevation, radiator. External - There is a gravelled garden to the front of the property.
Externally to the rear there is a small private yard.
Para - Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2- Good outdoor Three- Good outdoor Vodafone - Good outdoor 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.
Area
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FAQ
About Union Street, Wallsend
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