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 work3-bedroom semi-detached house · ST5 9FR
Under offerListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Available to purchase on a shared ownership basis, this modern and well-presented three-bedroom semi-detached home offers an excellent opportunity for first-time buyers or growing families looking to step onto the property ladder.
Situated in a popular residential development, the property provides stylish and well-proportioned accommodation throughout.
The accommodation begins with a welcoming entrance hall, providing access to the principal ground floor rooms.
The contemporary fitted kitchen is positioned to the front of the property and offers a range of modern wall and base units with complementary work surfaces and space for a variety of appliances.
A convenient ground floor W.C. adds to the practicality of the home. To the rear is a spacious lounge, offering an ideal space for both relaxing and entertaining.
Patio doors open directly onto the rear garden, allowing natural light to fill the room while creating a seamless connection between the indoor and outdoor living spaces.
The first floor comprises three well-proportioned bedrooms, with the principal bedroom benefiting from its own en suite shower room, providing added comfort and privacy.
The remaining bedrooms are served by a modern family bathroom fitted with a contemporary white suite. Externally, the property enjoys a driveway providing off-road parking.
To the front is a neat garden, while the enclosed rear garden offers an excellent outdoor space for children to play, alfresco dining, or simply relaxing during the warmer months.
Ideally located close to local amenities, well-regarded schools, commuter links, and Newcastle town centre, this attractive home combines modern living with everyday convenience.
Offered on a shared ownership basis, it represents an affordable opportunity to purchase a contemporary home in a sought-after location.
Early viewing is highly recommended to appreciate the accommodation and lifestyle on offer.
Property ownership information Tenure: Shared ownership Percentage share owned: 45% Additional monthly rent: No additional monthly rent Ground rent review period: No review period Service charge review period: No review period Lease end date: 01/01/3000 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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 Fell Avenue, Newcastle, ST5
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