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 0NQ
Sold STCListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• THREE BEDROOM MID TERRACE HOUSE • LOVELY SOUTH FACING GARDEN TO REAR • • SPACIOUS KITCHEN/DINER • CLOSE TO SHOPPING FACILITIES & BUS SERVICES • CHAIN FREE • • ROAD LINKS TO THE A19 & A1058 COAST ROAD • FANTASTIC FIRST TIME BUY • FREEHOLD • • COUNCIL TAX BAND A • ENERGY RATING C • Entrance - Double glazed entrance door, stairs to the first floor landing, laminate flooring, radiator.
Lounge - 4.83 x 3.33 (15'10" x 10'11") - Double glazed window, laminate flooring, radiator.
Kitchen/Diner - 6.82 x 2.66 (22'4" x 8'8") - Fitted with a range of wall and base units with work surfaces over and sink unit, integrated oven and hob with extractor hood over, double glazed windows, radiators, storage cupboard and external door leading to the rear garden.
Landing - Storage cupboard, access to bedrooms and bathroom. Bedroom 1 - 3.91 x 2.79 (12'9" x 9'1") - Double glazed windows, radiator.
Bedroom 2 - 3.75 x 2.69 max (12'3" x 8'9" max) - Double glazed windows, storage cupboard, radiator. Bedroom 3 - 3.41 max x 2.84 max (11'2" max x 9'3" max) - Double glazed window, radiator.
Bathroom - 2.25 x 1.62 (7'4" x 5'3") - Comprising; bath with shower over, WC and wash hand basin, tiling to walls, double glazed windows and ladder style radiator.
External - Externally there is a garden to the front and a double glazed door opening to a storage area.
To the rear there is a lovely westerly aspect garden that has artificial grass, a paved patio area and decking.
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, variable in-home Three-UK-Good outdoor and 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: 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.
Area
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FAQ
About Gilsland Avenue, Howdon, Wallsend
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