2-bedroom house · NE8 2HR
Listing removedListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming two-bedroom semi-detached home offers an excellent opportunity for a wide range of buyers, including first-time purchasers, investors, and those looking to downsize without compromising on comfort or convenience.
Thoughtfully laid out and well-presented, the property combines practical living space with a welcoming feel.
Upon entering, you are greeted by a useful entrance porch that leads directly into the lounge.
Positioned to the front aspect, the lounge provides an ideal space to relax or entertain, while also incorporating the staircase to the first floor in a practical and unobtrusive way.
To the rear of the property, the kitchen is fitted with a range of modern wall and base units, complemented by built-in cooking appliances.
There is ample space for additional white goods, including a washing machine and freestanding fridge/freezer, making it a functional and efficient area for day-to-day living.
A door from the kitchen provides direct access to the rear garden, enhancing the indoor-outdoor flow.
Upstairs, the property offers two well-proportioned bedrooms, both of which provide comfortable accommodation and flexibility for a variety of needs, whether as sleeping space, a home office, or guest room.
The bathroom is also located on this level, completing the first-floor layout. Externally, the home continues to impress.
To the front, there is an open aspect lawned garden, creating an attractive first impression. A driveway runs alongside the property, offering convenient off-street parking.
To the rear, an enclosed garden provides additional outdoor space, featuring a paved patio area ideal for outdoor dining, relaxing, or entertaining.
The property is ideally situated for access to a range of local amenities and facilities, as well as picturesque riverside walks and cycle routes, perfect for those who enjoy an active lifestyle.
Transport links provide convenient commuter access to Newcastle City Centre and surrounding areas.
EPC Rating: D Lounge (4.27m x 3.57m) Kitchen (3.51m x 2.45m) Bedroom One (3.43m x 2.87m) Bedroom Two (3.32m x 2.03m) Bathroom (2.29m x 1.40m) Agents Notes: Lease The lease on this property has approximately 59 years remaining.
The vendor has informed us that he is in the process of extending the lease and we are currently awaiting documentary evidence of this.
Please contact the Whickham branch before viewing for further information or if you feel this may affect your buying decision.
Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 61 Tyne View Place, Gateshead
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