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See how verdicts work3-bedroom terraced house · NE28 7NE
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• THREE BEDROOM MID TERRACE HOUSE • CLOSE TO THE CONSERVATION AREA THE GREEN • • WALKING DISTANCE TO WALLSEND TOWN CENTRE • AMPLE SHOPPING & LEISURE FACILITIES • • NEARBY SCHOOLS, BUS SERVICES & METRO STATION • TWO RECEPTION ROOMS • CHAIN FREE • • PRIVATE WEST FACING YARD TO REAR • COUNCIL TAX BAND A • FREEHOLD • ENERGY RATING D • Entrance Lobby - Double glazed composite entrance door, half glazed inner door leading into the hallway.
Hallway - Stairs to the first floor landing, dado rail and coving to ceiling, laminate flooring, radiator Lounge - 3.84 + bay x 3.65 (12'7" + bay x 11'11") - Double glazed bay window, fireplace with living flame effect electric fire, coving and rose to ceiling, radiator.
Dining Room - 4.13 x 3.83 (13'6" x 12'6") - Laminate flooring, fireplace, coving and rose to ceiling, radiator and double glazed door leading out to the rear yard.
Kitchen - 2.99 x 2.73 (9'9" x 8'11") - Fitted with a modern range of wall and base units with work surfaces over, integrated oven and hob, single drainer sink unit.
Storage cupboard, double glazed window, radiator and external door leading to the rear yard.
Shower Room - 2.66 x 1.59 (8'8" x 5'2") - Comprising shower enclosure, WC and wash hand basin with fitted units surrounding. Double glazed window, part tiled walls, ladder style radiator.
Landing - Double glazed window, access to the loft which is part boarded, has pull down ladders and lighting. Wc - WC and wash hand basin with built-under storage.
Bedroom 1 - 3.97 x 2.91 (13'0" x 9'6") - Double glazed window, radiator. Bedroom 2 - 4.25 x 3.01 (13'11" x 9'10") - Double glazed window, radiator.
Bedroom 3 - 2.57 x 1.83 (8'5" x 6'0") - Double glazed window, radiator.
External - Externally there is a small town garden to the front and a private yard to the rear which is west facing and has a shed for storage.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor, variable in-home O2-Good outdoor and in-home Three-UK-Good outdoor and in-home Vodafone_Good outdoor and in-home 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
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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.
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About Ferndale Avenue, Wallsend
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