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 work3-bedroom terraced house · NE28 8RX
Sold STCListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** PEDESTRIANISED STREET ** FREEHOLD ** THREE BEDROOMS ** GREAT FIRST-TIME BUY ** ** CLOSE TO LOCAL AMENITIES ** LOW MAINTENANCE GARDEN TO FRONT**PRIVATE YARD TO REAR** ** WALLSEND METRO STATION 0.4 mile ** WESTERN COMMUNITY PRIMARY SCHOOL 0.2 Miles ** ** RICHARDSON DEES PRIMARY SCHOOL 0.07 MILES AWAY ** COUNCIL TAX BAND A ** ** ENERGY RATING TBC ** FREEHOLD ** Entrance Lobby - Double glazed door leading into the lounge.
Lounge/Diner - 4.51 max x 5.37 (14'9" max x 17'7") - Double glazed window, radiator, feature fireplace.
Kitchen - 5.45 x 2.68 (17'10" x 8'9" ) - Double glazed window and door giving access to private rear yard.
Fitted with range of floor and wall units with complimentary worktops, integrated, fridge freezer, built in oven and microwave, hob with overhead extractor hood, sink.
Plumbed for washing machine, radiator and part tiled walls. Stairs To First Floor - Leading to... Landing - Access to shower room and bedrooms.
Bedroom 1 - 4.51 x 2.90 (14'9" x 9'6") - Double glazed window, radiator and laminate flooring. Bedroom 2 - 4.51 x 2.36 (14'9" x 7'8") - Double glazed window, radiator and laminate flooring.
Bedroom 3 - 2.26 x 2.26 max (7'4" x 7'4" max ) - Double glazed window, radiator.
Shower Room - 2.66 x 1.72 max (8'8" x 5'7" max) - Double glazed window, ladder style radiator, WC, wash hand basin and walk in shower. Plastic cladded walls.
External - To front there is a private garden and to the rear there is a private yard with up and over garage door for off street parking and gated access to rear lane.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2- Good outdoor and in-home Three- Good outdoor and in-home Vodafone - Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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.
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About Diamond Street, Wallsend
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