1-bedroom bungalow · NE15 7XT
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** RARE TO THE MARKET *** is this lovely Gemini Bungalow situated in Ordley Close on the sought after Dumpling Hall Estate and is offered on an unfurnished basis.
The estate itself enjoys a good range of local services including shops, schools and excellent transport links with regular bus routes into Newcastle City Centre.
The A69 and A1 trunk roads are also both close at hand allowing great access to the motorway network.
The property briefly comprises of; lounge with open access to the kitchen area, bathroom and a mezzanine bedroom.
The property is warmed via electric wall heaters and also benefits from UPVC throughout. Externally there is a low maintenance garden to the front/side and an allocated parking space to the rear.
Early viewing is highly recommended to avoid disappoinment. Lounge - Bright and airy lounge with a UPVC window overlooking the front aspect and open plan access to the kitchen.
Kitchen - Fitted with a range of wall and base units and a free standing cooker. There is also a free standing washing machine which will be gifted to any potential applicants.
Bathroom - Fitted with a low level WC, wash hand basin and bath with shower over.
Mezzanine Bedroom - Spacious bedroom with both a UPVC and Velux window allowing lot's of natural light and a built in wardrobe.
External Area - Low maintenance front/side garden and an allocated parking space.
Agent Note - Holding Deposit: To hold this property from other viewings while references are carried out we take one weeks rent as a holding deposit which is off-set against the first months rent.
This one weeks rent will be taken to secure the property and will be held for 15 calendar days (unless otherwise expressly agreed) in order to complete all tenancy documents.
This amount will be attributed to the first month’s rent following the execution of all tenancy documents within the 15 calendar days of receipt of the holding deposit.
This will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to-Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 Calendar days Upfront Costs: 1 Months rent to be taken after signing the Tenancy Agreement 5 Weeks rent amount as a damage deposit to be held in a Government approved deposit scheme
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Ordley Close, Newcastle Upon Tyne
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