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See how verdicts work2-bedroom terraced house · NE34 8HU
Listing removedListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfectly suited to first-time buyers and investors, this two-bedroom mid-terrace home on Lorrain Road, Whiteleas offers spacious living in a convenient location.
Positioned within walking distance of local amenities and excellent bus routes, it also benefits from a driveway and front garden, adding to its appeal.
On the ground floor, the property boasts a bright and airy living room spanning the full width of the home, with dual-aspect windows and laminate flooring.
To the rear, the kitchen/dining room also runs the full width of the property, featuring yellow shaker-style units with circular handles, complemented by blue worktops, a gas hob, and extractor fan.
A rear door leads out to the garden. Upstairs, there are two bedrooms.
The main bedroom is an impressive full-width double, complete with fitted wardrobes, a bridging unit, and space currently accommodating a double bed.
Dual-aspect windows ensure this room feels light and spacious. The second bedroom is ideal as a guest room, office, or nursery.
The bathroom has been reconfigured into a family bathroom , with a modern walk-in shower, basin, and WC, offering a practical and contemporary space.
Externally, the property has a south-west facing rear garden , mainly paved with mature shrubs, offering excellent potential to create a large family garden or outdoor entertaining space.
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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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 Lorrain Road, South Shield
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