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See how verdicts work3-bedroom semi-detached house · NE62 5DT
Sold STCListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Please note that this home is constructed from steel, meaning that all mortgage lenders/brokers should be consulted ahead of viewing for the avoidance of time wasting - non standard construction homes are not mortgageable with every bank** Nestled in a peaceful cul-de-sac, this three-bedroom semi-detached home offers a superb opportunity for those looking to create their ideal living space.
In need of full refurbishment, this property presents a blank canvas across its generous 931 sqft, allowing new owners to truly put their own stamp on it and add significant value.
The ground floor features two good-sized reception rooms, providing versatile spaces for relaxation and dining, alongside a practical kitchen and dedicated utility area.
Ascending to the first floor, you will find three well-proportioned bedrooms and a family bathroom.
Outside, the property benefits from garden space to the front, side and rear, offering ample potential for outdoor enjoyment and landscaping projects.
Located close to local amenities and convenient bus links, this home combines a tranquil setting with excellent accessibility.
Offered with no onward chain, this is a straightforward purchase for those seeking a rewarding renovation project.
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
FAQ
About Rutherford Close, Choppington, NE62 5DT
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