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 work2-bedroom house · NE38 0NW
Listing removedReduced £5k (−3.8%) on 24 JulListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** new instruction, must be viewed *** to arrange A viewing call our offices 7AM to 11PM 7 days A week!
Well presented 2 bedroom terrace family home, ideal for first time buyers/ young families, not to be missed.
Entrance hall, living room, kitchen, conservatory, 2 good size bedrooms and family bathroom Great size rear garden, garage & dedicated parking, popular location close to numerous local amenities including shops, schools and transport links.
*** Why you will love this family home *** - Freehold - Circa 646Sqft - Large rear garden - Garage & parking - School catchment i.e Oxclose Nursery School (Outstanding) - Transport links via A1 (M) Washington is a large town located in Tyne and Wear close to Newcastle upon Tyne that features a robust selection of amenities, including the vibrant Galleries Shopping Centre with independent retail choices, major supermarkets, primary and secondary schools, local health centres, and extensive outdoor recreation at Princess Anne Park and the nearby Washington Wetland Centre.
Transport infrastructure is exceptionally strong, featuring major road links such as the A1(M), which provides a straightforward strategic connection for rapid regional and national travel.
Rail connectivity is highly convenient via nearby Chester-le-Street railway station, which sits on the East Coast Main Line to offer frequent, direct train links into Newcastle, Durham, York, and London King's Cross.
Highly recommended, view early to avoid disappointment. Independent mortgage advice available if required, we look forward to hearing from you.
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 28, Kielder, Washington
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