3-bedroom house · NE22 5AU
Listing removedReduced £5k (−3.3%) on 15 SepListed 324 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Updated and renovated by its current owner this lovely semi detached home will make a ideal family home for first time buyers or a move to a larger property for someone wanting to climb the ladder.
Located in a cul de sac in a great location for access to the town center and local amenities this is a must view.
The property has open plan lounge/diner leading to a updated kitchen to the ground floor and the first offers three bedrooms and a updated family bathroom.
Externally ample parking to the front of the home with a enclosed private rear garden over looking the allotments. Viewing is advised to appreciate what this home has to offer.
Entrance Via composite door, double glazed window to front. Entrance Hallway Stairs to first floor landing, tiled flooring, double radiator, two storage cupboards.
Lounge/ Diner 24.30ft x 12.54ft (7.40m x 3.82m) Double glazed window to front and rear, two double radiators, fire surround with inset and hearth, television point, telephone point, coving to ceiling.
Kitchen 10.47ft x 9.67ft (3.19m x 2.94m) Double glazed window to rear, wall mounted heater, fitted with a range of wall, floor and drawer units with co-ordinating roll edge work surfaces, stainless steel sink unit and drainer with mixer tap, tiled splash backs, built in electric fan assisted oven, electric hob with extractor fan above, space for fridge, plumbed for washing machine, tiling to floor, spotlights, double glazed door to rear.
First Floor Landing Double glazed window to side, loft access. Bedroom One 10.90ft x 9.93ft (3.32m x 3.02m) Double glazed window to rear, double radiator, built in wardrobe.
Bedroom Two 11.94ft x 9.31ft (3.63m x 2.83m) Double glazed window to front, single radiator, built in wardrobe, television point.
Bedroom Three 9.36ft x 7.41ft ( 2.85m x 2.25m) Double glazed window to front, single radiator, built in cupboard.
Bathroom 7.69ft x 6.85ft (2.34m x 2.08m) Three piece white suite comprising of; panelled bath with mains shower over, wash hand basin (set in vanity unit), low level wc, spotlights, double glazed window to rear, heated towel rail, tiling to walls and floor.
External Low maintenance front garden, gravelled and paved for parking. Low maintenance rear garden laid mainly to lawn, patio area, screen fencing.
Low maintenance side garden, paved and gravelled area. Detached outhouse.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Broadband: Adsl Mobile Signal Coverage Blackspot: No Parking: Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 18, Millbank Place, Bedlington
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