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 work2-bedroom terraced house · NE8 4RT
Sold STCListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity for first time buyers to step onto the property ladder with this beautifully presented home, offering a stylish modern interior, generous room sizes and a unique layout that sets it apart from the ordinary.
Ready to move straight into, this charming property combines character with contemporary living and is sure to appeal to those looking for their first place to call home.
The accommodation opens into a bright and spacious lounge, enhanced by a striking bay window and tasteful neutral décor, creating a welcoming space to relax or entertain.
To the rear, the separate dining room offers excellent versatility and flows through to the modern fitted kitchen, finished in contemporary tones with ample storage and workspace.
The first floor provides two impressive double bedrooms, both offering excellent proportions and plenty of natural light.
The principal bedroom benefits from bespoke fitted storage and shelving, while the second bedroom is equally well-sized, making it ideal for guests, a home office or a growing family.
Completing the internal accommodation is a stylish family bathroom featuring modern tiling and a shower over the bath.
Externally, the property enjoys a private rear yard providing a low-maintenance outdoor space, while on-street parking is available to the front.
Situated on the ever-popular Fern Dene Road, the property enjoys a superb position within easy walking distance of the award-winning Saltwell Park, one of the North East's finest Victorian parks.
Offering beautiful landscaped gardens, a boating lake, children's play areas, Pets' Corner, a café and regular community events, it provides a fantastic extension of your outdoor living space.
The area also benefits from excellent local shops, cafés, transport links and easy access into Gateshead and Newcastle city centres, making it an ideal location for commuters and first time buyers alike.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Fern Dene Road, Gateshead
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