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See how verdicts work2-bedroom bungalow · NE13 6JT
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Presented & Well Extended Semi Detached Bungalow Boasting Two Double Bedrooms, Refitted Shower Room, Generous Sitting Room, Highly Impressive Kitchen/Breakfast Room, Utility Room, Garage Store, Driveway & Landscaped Rear Gardens!
This fantastic property has been fully refurbished by the current owners and is ideally placed on this quiet cul de sac within Woodlands Park.
Ovingham Gardens is ideally located for a range of local amenities including the nearby excellent shops, post office and schools and offers great accessibility into Gosforth, Newcastle and the North by local transport and road links.
The internal accommodation comprises: Entrance hallway | Generous day to day sitting room with feature electric fireplace and window overlooking the front gardens | Two double bedrooms, with the principal bedroom enjoying a large double room with fitted wardrobes | Refitted shower room/WC with contemporary three piece suite | To the rear is a highly impressive kitchen/breakfast room which benefits from a large extension with feature pitched roof | The kitchen enjoys a range of modern cabinetry/worktops, breakfast bar and integrated appliances | Utility room | Garage store.
Externally, the property is approached via an attractive front garden with driveway for one vehicle | To the rear is a relandscaped garden, laid partially to lawn and partially to a paved patio terrace.
Services: Mains gas, electricity, water & drainage | Tenure: Freehold | Council Tax: Band B | EPC: Rating C
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
FAQ
About Ovingham Gardens, Wideopen, Newcastle Upon Tyne
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