2-bedroom bungalow · NE16 4LL
Listing removedReduced £5k (−2.7%) on 23 JunListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Early viewing is strongly advised for this beautifully presented and ready-to-move-into two bedroom detached bungalow, pleasantly situated within a highly sought-after residential area and perfectly positioned for convenient access to the wide range of shops, cafés, restaurants and everyday amenities available in Whickham Village.
Offering well-proportioned accommodation, this charming home is ideal for a variety of purchasers, including downsizers, professionals or those seeking single-level living in a convenient setting.
The accommodation begins with a welcoming entrance hallway which leads through to a spacious lounge, providing an inviting space for relaxation and everyday living.
Complementing the lounge is a stylish modern fitted kitchen, thoughtfully designed with a range of wall and base units together with ample work surface space and built in cooking appliances, creating a practical and attractive environment for cooking and dining.
An inner hallway gives access to two generously sized double bedrooms, both offering comfortable accommodation with versatility for guest space, home working or additional storage if required.
The property is further enhanced by a modern bathroom fitted with a white suite.
Externally, the bungalow enjoys attractive open aspect gardens to the front and side, enhancing the property’s kerb appeal and providing a pleasant outlook.
To the rear, there is an enclosed paved garden designed for ease of maintenance while still offering excellent outdoor space for seating, al fresco dining and entertaining family and friends during the warmer months.
Combining modern presentation, spacious accommodation and a superb location, this bungalow represents a fantastic opportunity for buyers seeking a home that is truly ready to move straight into.
EPC Rating: D Lounge (4.93m x 4.34m) Kitchen (3.00m x 2.14m) Bedroom One (4.25m x 3.55m) Bedroom Two (3.56m x 3.12m) Bathroom (2.19m x 1.83m) Agents Notes Sarah Mains have been advised by the current owners that this property is of non standard construction.
Any prospective purchasers are advised to obtain confirmation from their mortgage company of the requirements before proceeding with a purchase.
Please contact Whickham branch for further information before viewing the property.
Property Information Local Authority: Gateshead 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
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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
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FAQ
About 23 Allerdene Walk, Newcastle Upon Tyne
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