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See how verdicts work2-bedroom house · NE17 7DB
Listing removedReduced £11k (−19.6%) on 21 JunListed 457 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful mid-terraced house presents an excellent opportunity for investors as there is currently a long term tenant in contract at the property with 7 years rental history.
Spanning an impressive 840 square feet, the property boasts two generously sized double bedrooms, making it ideal for small families or those seeking extra space.
Upon entering, you will find a welcoming reception room that offers a comfortable area for relaxation and entertaining.
The layout is practical and functional, ensuring that every inch of the home is utilised effectively. The property also features a well-appointed bathroom, catering to all your daily needs.
One of the standout features of this home is the inclusion of solar panels, which not only contribute to a more sustainable lifestyle but also help to reduce energy costs.
This eco-friendly addition is particularly appealing in today's environmentally conscious market.
As an investment property, this home is currently tenanted, providing a hassle-free income stream for prospective buyers.
With a remarkable return on investment of 10.5%, this property is a sound financial choice for those looking to expand their portfolio.
Chopwell itself is a quaint village that offers a sense of community while being conveniently located for access to nearby amenities and transport links.
This property is not just a house; it is a promising investment opportunity in a desirable location. Do not miss the chance to make this charming home yours.
Entrance Porch (1.09 x 1.32 (3'6" x 4'3")) Upvc entrance door to porch door to lounge.
Lounge (4.60 x 4.66 (15'1" x 15'3")) Upvc window to front aspect, electric wall heater, electric fire in decorative surround.
Inner Hallway (0.96 x 1.99 (3'1" x 6'6")) Stairs to first floor Breakfasting Kitchen (2.83 x 3.53 (9'3" x 11'6")) Wall and base units with laminate work surfaces, integral oven with electric hob, plumbed for automatic washing machine, tiled floor and splashbacks, Upvc window to rear aspect.
Bathroom (2.89 x 1.54 (9'5" x 5'0")) Bath, WC, pedestal wash hand basin, wall heater, Upvc window to rear aspect.
First Floor Landing (0.90 x 1.26 (2'11" x 4'1")) Electric wall heater Bedroom One (3.67m x 3.60 (12'0" x 11'9")) Upvc window to rear aspect and electric wall heater Bedroom Two (4.62 x 2.29 (15'1" x 7'6")) Upvc window to front aspect
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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FAQ
About 8, Thames Street, Chopwell
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