6-bedroom terraced house · NE11 9ET
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Six Bedroom Mid Terraced Family Home with a Rear Driveway for Off Street Parking. No Chain Involved.
The property comprises an entrance hall with stairs rising to the first floor, useful under-stairs storage and a door providing access to the rear.
There is a spacious lounge to the front, together with a kitchen/dining room fitted with a built-in oven, electric hob with extractor over and integrated fridge/freezer, with ample space for a dining table and chairs.
A double bedroom with bay window is located to the front, with a further double bedroom to the rear, along with a convenient ground floor WC.
To the first floor, the landing provides access to the loft, offering additional storage space.
There is a large double bedroom to the front with bay window and built-in wardrobes, a further double bedroom to the front and another double bedroom to the rear.
A versatile additional room to the front, with useful storage cupboard, could be used as a nursery, home office or study.
The floor is completed by a modern shower room/WC with walk-in shower cubicle, full tiling, heated towel rail, spot lighting and extractor fan, together with a further shower room with shower cubicle and partial tiling, plus a separate WC.
Externally, the front garden is mainly gravel with a pathway leading to the front entrance. To the rear is an enclosed patio garden, together with a separate parking bay providing off-street parking.
The property benefits from double glazing throughout and gas central heating via a combination boiler. We understand the property is freehold.
MAKING AN OFFER: Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QLF260256/2
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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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
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FAQ
About Parsons Gardens, Dunston, Gateshead, NE11
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