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See how verdicts work2-bedroom house · NE15 6QS
For saleReduced £15k (−11.1%) on 24 OctListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale with no chain is this semi detached house located in Condercum Park. The accommodation to the ground floor briefly comprises of hallway, lounge, dining room and kitchen.
To the first floor is a landing, two bedrooms and bathroom. Externally, there are gardens to the front and rear.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.
Council Tax Band: A EPC Rating: D Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights Listed? No Conservation Area? No Restrictions on property?
No Easements, servitudes or wayleaves? No Public rights of way through the property?
No Risks Flooding in last 5 years: No Risk of Flooding: Zone 1 Any flood defences at the property: No Coastal Erosion Risk: Low Known safety risks at property (asbestos etc…): No Building works Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No Accessibility This property has no accessibility adaptations.
Tenure It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Hallway Stairs to first floor landing. Radiator. Lounge (14' 2'' into bay x 11' 3'' max (4.31m x 3.43m)) Double glazed bay window to the front. Radiator.
Dining Room (12' 1'' max x 11' 11'' (3.68m x 3.63m)) Double glazed window to the front. Radiator. Kitchen (8' 10'' x 6' 2'' (2.69m x 1.88m)) Double glazed window to the rear. High gloss units.
Electric oven. Gas hob. Sink/drainer. Plumbed for washing machine. Door to the rear. First Floor Landing Frosted double glazed window to the side. Loft access.
Bedroom One (8' 10'' x 14' 11'' into wardrobe (2.69m x 4.54m)) Double glazed window to the front. Fitted wardrobe. Storage cupboard. Radiator.
Bedroom Two (8' 9'' x 10' 11'' into wardrobe (2.66m x 3.32m)) Double glazed window to the rear. Fitted wardrobe. Radiator.
Bathroom (7' 0'' x 7' 0'' max (2.13m x 2.13m)) Frosted double glazed window to the side. "L" shaped panelled bath with shower over. Vanity wash hand basin. Low level WC. Heated towel rail.
External Gardens to the front and rear.
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
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FAQ
About 39, Springhill Gardens, Newcastle Upon Tyne
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