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See how verdicts work2-bedroom semi-detached house · NE15 8TF
For saleReduced £10k (−5.6%) on 21 JunListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented 2 bedroom semi detached house with a South facing rear garden and no upper chain involved, ideal for a first time buyer, situated within a cul-de-sac on Jade Close, Lemington Rise.
Benefitting from gas central heating and sealed unit double glazed windows.
Briefly comprising of an Entrance Porch with laminate flooring, Lounge to the front aspect with laminate flooring, wall lights and stairs to the first floor.
Kitchen to the rear with wall and base units, worktop surfaces, one and a half sink and drainer unit, tiled splash back, storage cupboard housing the Combi boiler, laminate flooring, door to the rear garden, integrated appliances to include an electric oven, gas hob with an extractor hood.
To the first floor the Landing leads to a Shower Room with a mains shower to the cubicle, panelled splash back, low level w/c, vanity unit with a wash hand basin, heated towel rail, ceiling panels with inset spotlights.
Bedroom 1 is to the rear aspect and has fitted sliding door wardrobes. Bedroom 2 is to the front aspect and has a loft hatch and a storage cupboard.
Externally to the front there is a double width driveway giving off street parking for 2 cars and a gate to the side leading to a lovely rear garden with lawn and paved area all of which enjoy a Southerly aspect, there is also an outside tap.
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 4, Jade Close, Newcastle Upon Tyne
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