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 work4-bedroom house · NE28 0BQ
Listing removedReduced £10.1k (−3.7%) on 21 OctListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious and well presented four bedroom semi-detached town house with two en-suite bedrooms and a family bathroom, situated within a cul-de-sac within Housestead Close in Wallsend.
Benefitting from gas central heating and sealed unit double glazed windows.
Briefly comprising of an Entrance Hallway with stairs to the first floor and a storage cupboard, leading to a great open plan Kitchen / Diner / Family Room which has refitted wall and base units, work top surfaces, integrated appliances to include a dishwasher, washing machine, oven and hob, microwave and a boiler enclosed in a wall unit, laminate flooring and French doors to the rear garden.
Downstairs w/c with a low level w/c, wash hand basin, laminate flooring and an extractor fan.
To the first floor the Landing has a storage cupboard and stairs to the second floor, the light and airy Lounge is to the rear aspect, Bedroom 1 is to the front aspect and has an En-Suite Shower Room with a mains shower to the cubicle, tiled splash back, low level w/c, wash hand basin and an extractor fan.
The second floor Landing has a loft hatch and a storage cupboard housing the water tank. The Family Bathroom has a panelled bath, low level w/c, wash hand basin and tiled splash back.
Bedroom 2 is to the rear aspect with laminate flooring and an additional En-Suite Shower Room with a mains shower to the cubicle, tiled splash back, low level w/c, wash hand basin and an extractor fan.
Bedroom 3 is to the front aspect and has laminate flooring. Bedroom 4 is to the rear aspect.
Externally there is driveway parking to the front leading to a third size garage via an up and over garage door.
To the rear there is a lovely private and enclosed garden with lawn and decking areas all of which enjoy a Southerly aspect.
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 43, Housesteads Close, Wallsend
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