3-bedroom bungalow · NE28 9EE
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** SUPERB THREE BEDROOM DETACHED BUNGALOW ** MODERN OPEN PLAN LIVING AREA ** ** AMPLE SPACE FOR OFF STREET PARKING ** LOVELY REAR GARDEN WITH GARDEN ROOM ** ** POPULAR LOCATION CLOSE TO BUS SERVICES & EXCELLENT ROAD LINKS ** CHAIN FREE ** ** UTIITY ROOM & STORAGE ** FREEHOLD ** COUNCIL TAX BAND C ** ENERGY RATING D ** Hallway - Double glazed entrance door, laminate flooring, cupboard, radiator.
Open Plan Living Area - 6.48 x 4.97 (21'3" x 16'3") - A spacious open plan living area: kitchen fitted with a range of wall and base units with work surfaces over, integrated oven and microwave, central island with induction hob, 1.5 bowl sink unit and integrated fridge/freezer.
The lounge area has a wood burning stove fire, double glazed French doors leading to the rear garden with windows to the side, there are two additional windows and radiators.
Utility Room - 2.28 x 2.17 (7'5" x 7'1") - Base unit with work surface over, plumbed for washing machine. Bedroom 1 - 3.76 x 3.62 (12'4" x 11'10") - Double glazed bow window, radiator.
Bedroom 2 - 2.89 x 2.72 min (9'5" x 8'11" min) - Double glazed window, fitted sliding door wardrobe, radiator. Bedroom 3 - 2.85 x 2.82 (9'4" x 9'3") - Double glazed window, radiator.
Currently used as a dining room. Shower Room - 2.47 x 1.81 (8'1" x 5'11") - Comprising; shower cubicle, WC and wash hand basin with built-under storage, double glazed windows and radiator.
External - Externally there is a garden to the front which is laid to lawn together with planted beds and a lengthy driveway providing off street parking for a number of vehicles.
The rear garden is laid to lawn and has a block paved patio, there is also a garden room at the bottom of the garden which has lighting and power points.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor Three-UK-Good outdoor, variable in-home Vodafone-Good outdoor, variable in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Rivers and the sea: Very low. Surface water: Very low. CONSTRUCTION: Traditional This information must be confirmed via our surveyor.
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.
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About Bridgewater Close, Wallsend
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