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 property · NE42 6HH
For saleListed 1272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BRAND NEW Lodge (40'x13') | 12 month leisure development | No age restriction | Pet friendly | Parking for 2 cars | 1 mile from Prudhoe | Fully furnished | Open plan living | High specification | Two bedrooms | Landscaped grounds | Range of models available | Home buying service THE LODGE This brand new, modern-furnished Victory Riverwood (40'x13') luxury lodge is perfect for those looking for a detached, easy to maintain, bungalow-style property.
The lodge has an open plan kitchen, dining and living area, two bedrooms, an en suite and a family bathroom. The lodge also has parking for two cars.
THE PARK Set in the Northumberland rolling hills and by the River Tyne, this 12-month leisure development has a range of lodges available. There is no age restriction here and pets are welcome.
THE AREA This family run development is just a short distance away from Newcastle where you can enjoy shopping, site seeing and entertainment.
Locally, residents can enjoy a variety of river walks, bustling market towns, cycling routes, farms and luxury award-winning golf courses.
The development is just 1 mile from Prudhoe, where you can find the nearest amenities, including a medical centre, Co-op, Nisa, and takeaways.
5 miles away is Ryton, where you can find larger supermarkets. 20 miles away you can find Durham and the Northumberland coast.
Please note: manufacturer-s stock show home images have been used and may not be a 100% true representation of the property on-site.
Specifications and layouts may differ, and some photos may include optional extras.
Site fees (at time of listing): £2650 plus VAT with renewal date on 1/3/24 Please note that the site fee (also known as pitch fee, or ground rent) is subject to change and reviewed annually.
Ground rent can only be increased in line with the Consumer Price Index. For more information, please get in touch. Tenure: Leasehold HOUSE TO SELL?
Do you have an inheritance property, second home or investment property to sell? Discover how Quickmove can help you purchase this leisure home by using our no-hassle House Buying Service.
Ask for a FREE no obligation quotation today. NOTE: The information in this property listing is correct to the best of our knowledge.
We recommend any potential purchaser is aware of all details including park rules and conditions before sale completion.
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 Prudhoe, Northumberland, NE42
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