3-bedroom bungalow · NE20 0SP
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully positioned stone built detached bungalow located in the idylic hamlet of Ingoe close to the popular village Matfen.
A beautifully positioned stone built detached bungalow located in the idyllic hamlet of Ingoe close to the popular village Matfen.
The property comprises of entrance hall leading to the kitchen diner with wall and base units, integrated double oven, ceramic hob with extractor fan, space for fridge freezer and plumbing for a washing machine.
The large living room is light and spacious and has a stone fire place with open fire leading through an arch to a second reception room.
There are three bedrooms with built in wardrobes and superb views over the gardens, a family bathroom with bath, overhead shower, vanity wash hand basin, WC and heated towel rail.
Externally there is a garage with adjoining cloakroom, wash hand basin and WC. The gardens are large mainly laid to lawn and there is a gravelled drive with parking for several cars.
SERVICES Mains water and electricity, LPG central heating to radiators also providing the domestic hot water.
CHARGES The tenant will be required to meet all outgoings including council tax band E,. The holding deposit, equal to one weeks rent is payable upon the start of the application.
For all successful applicants any holding deposit will be offset against the security deposit with the agreement of the payee.
DEPOSIT £1380 will be lodged with the agents prior to the commencement of the tenancy. This sum will be returned at the termination of the tenancy subject to all commitments having been made.
VIEWINGS Viewing is strictly by appointment. Arrangements can be made by contacting YoungsRPS, Hexham on .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Ingoe, Newcastle upon Tyne, Northumberland, NE20
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