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 work4-bedroom house · NE5 1TG
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented four double bedroom detached house with an open plan kitchen diner and a South facing rear garden, situated within a cul-de-sac on Ingram Drive in Chapel Park.
Benefitting from gas central heating and sealed unit double glazed windows.
Briefly comprising of a spacious Entrance Hallway with glazed tiled flooring, storage cupboard and stairs to the first floor. Lounge to the front aspect with a feature contemporary electric fire.
Open plan Kitchen Diner with French doors to the rear, wall and base units, one and a half stainless steel sink, Quartz worktop surfaces and breakfast bar, spotlights to the ceiling, glazed tiled flooring, integrated appliances to include electric oven, combi oven, induction hob with an extractor hood over, dishwasher and a fridge freezer.
Utility Area with door to the rear and to the garage, wall and base units, worktop surfaces, stainless steel sink and drainer unit, plumbed for washing machine, spotlights to the ceiling, glazed tiled flooring.
Downstairs W/C with a low level w/c, wash hand basin, storage cupboard and tiled flooring. First floor Landing with a loft hatch with a pull down ladder to a boarded loft and a storage cupboard.
Bathroom with a freestanding bath, separate cubicle with a mains shower, vanity unit with a wash hand basin, low level w/c, tiled splash back, spotlights to the ceiling and a heated towel rail.
Bedroom 1 is to the front aspect and has an En-Suite Shower Room with a mains shower to the cubicle, vanity unit with a wash hand basin, low level w/c, heated towel rail, tiled flooring and spotlights to the ceiling.
Bedrooms 2 and 3 are to the rear aspect. Bedroom 4 is to the front aspect. Externally to the front there is a lawned garden and a double width drive leading to a double garage.
To the rear there is a South facing lawn and patio with raised borders.
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 39, Ingram Drive, Newcastle Upon Tyne
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