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See how verdicts work2-bedroom semi-detached house · NE23 7SN
Under offerReduced £10k (−8.7%) on 26 OctListed 138 days
Opportunity summary
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About
WELL SITUATED AND APPOINTED TWO BEDROOMED SEMI-DETACHED HOUSE which has the advantage of uPVC double glazing, gas central heating (combi boiler), sunny north westerly facing rear garden, open plan living room / kitchen, refitted shower room, 2 generous bedrooms and boarded loft space for ample storage.
On the ground floor : hallway and open plan living room / kitchen. On the 1st floor : landing, shower room and 2 bedrooms. Externally : gardens to front & rear, and on-street parking.
This property is situated just off The Crescent, tucked-away in a quiet residential cul-de-sac within the heart of Seghill, offering convenient access to close to local shops, schools and transport links.
The village enjoys easy access to Cramlington, Whitley Bay and Newcastle, whilst also benefitting from nearby countryside walks and the Northumberland coastline.
ON THE GROUND FLOOR: HALL: spindle staircase to first floor, uPVC double glazed window with roller blind, double banked radiator and understairs meter/store cupboard.
OPEN PLAN LIVING ROOM / KITCHEN: 19’ 6” x 17’ 5” (5.94m x 5.31m overall L-shaped measurement) LOUNGE AREA: 2 radiators, uPVC double glazed window with roller blind and uPVC double glazed double opening doors leading to rear garden.
KITCHEN AREA: fitted wall & floor units, part tiled walls, ‘Beko’ 4 ring gas hob with illuminated extractor hood above, ‘Beko’ under bench oven, stainless steel sink & drainer with mixer tap, wall mounted gas fired ‘Worcester’ combi boiler, extractor fan, double banked radiator and uPVC double glazed window with roller blinds.
ON THE FIRST FLOOR: LANDING: uPVC double glazed window with roller blind. BATHROOM: refitted approx.
2024, tiled walls & floor, corner shower cubicle with Triton shower, low level WC, washbasin, motion sensor extractor fan, uPVC double glazed window and upright towel radiator. 2 BEDROOMS No.
1: 14’ 4” x 9’ 10” (4.37m x 3.00m), double banked radiator, uPVC double glazed window with roller blind and walk-in cupboard with staircase to loft space. LOFT SPACE: light and boarded for storage No.
2: 11’ 0” x 8’ 6”, radiator and uPVC double glazed window with roller blind. EXTERNALLY: GARDENS: the front garden is mostly laid for easy maintenance with access via a wrought iron gate.
The rear garden measures 31ft long x 25’ 3” wide, with north-westerly aspect, shaped lawn, paved patio & walkways, fenced perimeters & gated side entrance. TENURE: FREEHOLD. COUNCIL TAX BAND: A
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.
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FAQ
About The Close, Seghill, Northumberland, NE23 7SN
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