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 house · NE46 3ER
Listing removedReduced £5k (−3.5%) on 21 JunListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to a wide range of buyers, including first-time purchasers, investors, and those looking to downsize, this well-presented two-bedroom mid-terraced home offers comfortable and versatile living accommodation in a convenient location.
Upon entering the property, you are welcomed by an entrance lobby that leads into a spacious front-facing lounge.
This inviting room is enhanced by decorative coving to the ceiling and a charming focal point fireplace set within the chimney breast, creating a warm and homely atmosphere ideal for relaxing or entertaining.
To the rear of the property, the dining room provides a generous space for family meals or social gatherings and offers direct access to the fitted kitchen.
The kitchen features a range of modern wall and base units, complemented by built in cooking appliances.
The ground floor also accommodates the bathroom, fitted with a panelled bath complete with a mains-fed rainfall-style shower over, a low-level WC, and a hand wash basin set to a vanity storage unit.
Upstairs, the property boasts two well-proportioned double bedrooms. The principal bedroom benefits from built-in wardrobes with mirror-fronted sliding doors, offering ample storage.
Externally, the home features an enclosed rear yard. Ideally situated, the property enjoys access to a wide range of local shops, amenities, and leisure facilities, as well as transport links.
The nearby A69 ensures convenient commuter access to surrounding towns and cities, making this an excellent choice for a variety of buyers. Early viewing is highly recommended.
EPC Rating: E Lounge (4.61m x 3.58m) Dining Room (2.96m x 2.73m) Kitchen (3.27m x 1.79m) Bathroom (1.86m x 1.79m) Bedroom One (3.81m x 3.63m) Bedroom Two (3.86m x 2.91m) Agents Notes This property is being sold on behalf of a corporate client and it may not be possible to provide answers to the standard property questionnaire.
The client is unfamiliar with the property and has not been able to approve the property details.
Please contact the Newcastle branch for further information before viewing, if you feel this may affect your buying decision.
Property Information Local Authority: Northumberland Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 4 Eilansgate Terrace, Hexham
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