2-bedroom terraced house · NE15 7LG
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this well-presented two-bedroom terraced home is an excellent opportunity for first-time buyers, couples, or investors looking for a property that is ready to move straight into while still offering scope to add your own personal style.
The property begins with a generous and welcoming entrance hall leading through to a modern kitchen/diner.
The kitchen is fitted with a range of wall and base units, providing ample storage and workspace, with designated space for appliances.
A breakfast bar offers the perfect spot for casual dining, while there is plenty of room for a family dining table.
A large window and glazed door allow natural light to flood the room and provide direct access to the rear garden.
The spacious lounge is bright and airy, creating a comfortable space for relaxing and entertaining. To the first floor, there are two well-proportioned double bedrooms overlooking the rear aspect.
The family bathroom is fitted with a bath featuring a shower over, complemented by a separate WC for added convenience.
Externally, the property benefits from a private enclosed rear garden with a paved patio area and lawn, ideal for outdoor dining and enjoying the warmer months.
To the front, there is the added benefit of an outside storage cupboard.
Early viewing is highly recommended to appreciate the accommodation and potential this home has to offer, call our West End office today to arrange a viewing.
Tenure: Freehold Council Tax Band: A EPC: C Material Information: Built of standard construction Lemington, located approximately 5 miles to the west of Newcastle City Centre, provides fantastic road links across the region, via the A69 to both the city and the West of the country and the A1 western bypass.
Nearby there are a number of local amenities, including a local convenience store and hairdressers and a short drive away there is Chapel House shopping centre where there is a Tesco and a number of other shops and in West Denton there is Morrisons supermarket, Leisure Centre and Library.
Located within the admission areas of many primary and secondary schools within 3 miles.
We endeavour to make our sales 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.
Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: C.
Tenure: Freehold, Hallway 1.89m x 4.38m (6'2" x 14'4") Lounge 3.67m x 4.07m (12'0" x 13'4") Kitchen/Diner 5.56m x 2.8m (18'3" x 9'2") Bedroom One 3.58m x 3.81m (11'9" x 12'6") Bedroom Two 3.58m x 3.33m (11'9" x 10'11") Bathroom 1.56m x 1.76m (5'1" x 5'9") WC 1.05m x 1.32m (3'5" x 4'4")
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 Honister Close, Lemington, Newcastle upon Tyne, NE15
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