2-bedroom terraced house · NE17 7LD
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to welcome to the market this two-bedroom mid-terrace property on Hollings Terrace, Chopwell, offered at 70,000.
The property will appeal to buyers looking to make a home their own, as well as those considering an investment purchase.
The ground-floor accommodation comprises a well-proportioned lounge with windows to the front and rear, stairs leading to the first floor and access to a separate kitchen.
The kitchen features timber-fronted units, contrasting worktops and blue tiled splashbacks.
A ground-floor shower room completes the accommodation, fitted with a walk-in shower enclosure, wash hand basin and WC.
To the first floor are a double bedroom and a compact second bedroom, currently used for storage and offering flexibility as a home office or dressing room.
Externally, the property benefits from a front garden with established planting and a timber shed, together with a paved rear yard with gated access to the rear lane.
Access to the front entrance is via shared access through the neighbouring garden. For further information or to arrange a viewing, please contact Pattinson Estate Agents' Consett branch.
Council Tax Band: A Tenure: Freehold External To the front is a garden area with established planting, a paved pathway and a timber shed providing outdoor storage.
The garden offers scope for landscaping to suit the buyer's preferences. Access to the property is via shared access through the neighbouring garden.
Living Room (4.20m x 4.45m) A well-proportioned reception room with windows to the front and rear providing natural light.
Featuring two-tone dcor with a dado rail, carpeted flooring and radiators, the room offers space for a range of lounge furniture.
The entrance door opens directly into the room, with stairs leading to the first floor and a doorway providing access to the kitchen.
Kitchen (3.99m x 1.81m) Fitted with a range of timber-fronted wall and base units with contrasting worktops, blue tiled splashbacks and a stainless-steel sink with drainer.
A window above the sink provides natural light, while wood-effect flooring complements the cabinetry.
The kitchen provides space for freestanding appliances, with an adjoining recessed shelving area offering additional storage.
Shower Room (1.89m x 2.77m) Situated on the ground floor, the shower room features a walk-in shower enclosure with a glass screen and dark wall panelling, a white wash hand basin and WC.
Finished with turquoise dcor and wood-effect flooring, the room also benefits from a window providing natural light.
Bedroom One (3.21m x 2.50m) A double bedroom with a window providing natural light, painted walls and timber floorboards.
The room accommodates a double bed and freestanding furniture, with a recessed area providing additional space for clothing storage. Access is from the first-floor landing.
Bedroom Two (2.24m x 1.74m) A compact second bedroom, currently used for storage, with a window providing natural light and contrasting painted walls.
Accessed from the first-floor landing, the room offers flexibility for use as a home office or dressing room.
Rear Yard To the rear is a paved yard bordered by a low brick wall with timber fencing above and a gate leading out to the rear lane.
The space includes a timber storage shed and room for potted plants
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
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FAQ
About 5, Hollings Terrace, Newcastle upon Tyne
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