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 terraced house · ST5 2DN
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PROPERTY DESCRIPTION IDEAL FIRST TIME BUY, CLOSE TO TOWN CENTRE, NO UPWARD CHAIN.
This well presented mid terrace property is conveniently situated on the periphery of Newcastle Town Centre offering excellent access to local amenities, schools, commuter and transport networks.
The accommodation comprises, entrance hall, dining room, lounge, kitchen, rear porch, shower room and two double bedrooms. Gas central heating, upvc double glazing and a paved rear yard.
Viewings are strongly recommended. ENTRANCE HALL Upvc double glazed entrance door and window to the front elevation.
DINING ROOM 11' 3" x 9' 9" (3.43m x 2.97m) Radiator and upvc double glazed window to the front elevation.
LOUNGE 13' 4" x 12' 2" (4.06m x 3.71m) Wall mounted electric fire, radiator, television point and upvc double glazed window to the rear elevation.
KITCHEN 8' 11" x 11' 7" (2.72m x 3.53m) Fitted with a range of base units, drawers and matching wall mounted cupboards.
Work surfaces incorporating inset stainless steel circular sink and single drainer with mixer tap. Built in electric oven, hob and stainless steel extractor hood.
Radiator, part tiled walls and upvc double glazed window to the side elevation. REAR PORCH Plumbing for a washing machine, tiled floor and upvc double glazed entrance door to the side elevation.
SHOWER ROOM Three piece suite comprising shower cubicle with mixer shower, pedestal wash hand basin and low level w/c. Heated towel rail and upvc double glazed window to the side elevation.
FIRST FLOOR LANDING MASTER BEDROOM 13' 2" x 12' 2" (4.01m x 3.71m) Built in storage cupboard, radiator and upvc double glazed window to the rear elevation.
BEDROOM TWO 13' 2" x 11' 2" (4.01m x 3.4m) Radiator and upvc double glazed windows to the front elevation. EXTERIOR Paved rear yard with gate for access.
GENERAL INFORMATION Viewings By prior arrangement with Louis Taylor. Please telephone to arrange a mutually convenient appointment.
Fixtures and Fittings Nothing in these sales details is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (wired or not), gas fires or light fitments, or any other fixtures and fittings not expressly included, form part of the property being offered for sale.
The services and appliances have not been tested. Measurements Please note room sizes shown are only intended as an approximate guide, and should not be relied upon.
When ordering carpets or fitments you should always have the areas measured by the appropriate supplier.
Photos Photos are reproduced for general information and it must not be inferred that any item is included for sale with the property.
Purchasing Procedure (Placing your offer) All offers should be made to the sole selling agent at our Newcastle branch.
This procedure is part of our agreement to the seller and should be carried out before contacting a bank, building society or solicitor.
Any delay may result in the property being sold to someone else, and survey/legal costs being unnecessarily incurred.
These sales particulars are provided as a general outline and are for guidance only, and do not form any part of an offer or contract. Intending buyers should not rely on them as statements of fact.
No one working at Louis Taylor has the authority to make or give any representation or warranty in respect of the property. Market Appraisal Thinking of selling?
Established 1877 Louis Taylor have the local knowledge and experience to offer you a free market appraisal of your property without obligation.
It is worth noting that we may already have a purchaser waiting to buy your home.
Survey & Valuation To be satisfied as to the condition and/or valuation of the property you are purchasing we strongly recommend that you have a professional independent survey undertaken.
Louis Taylor provides a full survey and valuation service (including Energy Performance Certificates).
For details on the different types of surveys available and for a specific quotation please contact our Survey Department on (please note that we are unable to provide a survey on properties that we are selling).
42/60/31
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.
Area
Agent & docs

FAQ
About Mellard Street, Newcastle, Staffordshire, ST5 2DN
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