3-bedroom terraced house · NE16 6JS
Sold STCListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three-bedroom mid-terraced property offering well-proportioned accommodation.
The property would benefit from some updating and offers an excellent opportunity for a buyer to modernise and add their own style.
The property is entered via an entrance hall with stairs to the first floor and access to the main living accommodation. The living room is a comfortable reception space featuring an electric fire.
The kitchen is fitted with a range of wall and base units, with a panelled ceiling and access to the rear yard.
Located off the kitchen is a separate dining room, which benefits from useful built-in storage housing the boiler, which we have been advised was installed in 2020.
To the first floor are three bedrooms, comprising two doubles and a single. Bedroom one benefits from fitted wardrobes, while bedrooms two and three both have useful built-in storage.
The modern shower room is fully tiled and features a large walk-in shower. The landing also provides access to the loft.
Solar Panels: We have been advised that the property benefits from solar panels, which were installed in 2013 and are subject to a lease agreement. For further information, please contact the office.
Externally, there is a small lawned garden to the front. To the rear is a good-sized, enclosed and gated yard arranged over two levels, currently providing off-street parking.
The property also benefits from two useful outbuildings, ideal for storage, hobbies or additional utility space.
Albion Gardens is situated within the popular residential area of Burnopfield, offering convenient access to a range of local amenities and everyday facilities.
The area provides excellent access to nearby schools, shops and local services, while the surrounding countryside and popular walking routes provide plenty of opportunities to enjoy the outdoors.
For commuters, the property is well placed for access to the A692 and A1, providing links towards Newcastle, Gateshead and surrounding towns.
Nearby Rowlands Gill and Burnopfield also offer a wider selection of amenities.
The location combines the convenience of established local amenities with easy access to the wider North East, making it an appealing choice for families, first-time buyers and commuters.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QRW260227/2
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Albion Gardens, Burnopfield, Durham, NE16
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