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See how verdicts work4-bedroom house · NE32 5NL
For saleListed 717 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £214,500 based on an average saving of 33%.
Market Value Price: £320,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £320,000, please contact the estate agent Andrew Craig. Property description Rare!
A once in A lifetime opportunity to purchase this detached building being two semi detached homes which is being offered as one unit and not to be sold separately This affords any discerning buyer the chance to either develop and keep as two separate dwellings or the possibility to combine the two to create one detached home depending on Planning Consents and Building Consents from the Local Authority.
The properties are situated in the desirable and sought after Conservation area of Monkton Village.
Featuring all the charm you would expect of the period with beamed ceilings and such with the accommodation on the ground floor of number four consisting of a cosy lounge with feature fireplace, a well appointed kitchen/diner with a washroom/w.c., located to the rear with space to add a bath/shower.
Upstairs there are the two through bedrooms (one being accessed via the other).
Number 5 next door, comprises of Entrance porch, lounge, Kitchen and ground floor shower room, whilst upstairs again, there are two through bedrooms.
Externally to the front, there are stone walled garden forecourts, and to the rear, there are good size gardens which are open to each other with various seating options, lawns and borders.
A lovely space to relax and enjoy.
Monkton Village is just a short distance away from Jarrow Town Centre where you will find a wealth of amenities, shops and public transport links, yet this sought after and charming area retains a Village feel having a local Pub and amenities nearby and being within a well regarded School catchment area.
Sure to prove popular - early viewing advised.
Number 4 entrance Front door to entrance porch leading to:- lounge 5.09m (16'8) x 4.31m (14'2) With beamed ceiling, laminate flooring and feature electric fire in surround.
Rear hall/stairs up A flight of stairs lead up to the first floor. Wood flooring and door out to the garden.
Dining/kitchen 3.94m (12'11) x 3.55m (11'8) Fitted with a range of wall and base units with wood effect worktops over. Belfast sink with mixer tap. Two windows and wood flooring.
Central Island with breakfast bar. Washroom/W.C. Fitted with a washbasin and w.c., and having tiled flooring. Plumbed for a bath or shower. Gas water heater.
First floor bedroom one 3.28m (10'9) x 1.78m (5'10) With laminate flooring, storage cupboard and door leading through to bedroom two.
Bedroom two 3.3m (10'10) x 3.05m (10'0) With built in wardrobes and laminate flooring. Number 5 entrance With entrance porch to hall with stairs up to the first floor.
Lounge 5.26m (17'3) x 4.55m (14'11) Having feature beams to ceiling and an Adam style fire surround housing a living flame effect gas fire.
Kitchen 5.23m (17'2) x 2.77m (9'1) Fitted with a range of wall and base units with contrasting worktops over. Sink unit with mixer tap.
Electric hob and double oven under, space for appliances and spotlights to ceiling. Wood flooring. Shower room Comprising of a w.c., and washbasin. Shower area with mixer shower and cladding to walls.
First floor bedroom 3.81m (12'6) x 2.16m (7'1) Has a built in cupboard and a door that opens to gives access to stairs up to the loft area.
Door through to;- bedroom 3.07m (10'1) x 3.02m (9'11) With built in wardrobe.
Rear garden There is a pleasant enclosed rear garden which is open with the neighbouring property number having planting, decking, patio seating areas and various garden sheds and a built in outhouse to nos.5.
The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Material Information The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure and lease information, fixtures and fittings and, where the property has been recently constructed, extended or converted, that planning/building regulation consents are in place.
All dimensions are approximate and quoted for guidance only, as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for purpose.
We offer our clients an optional conveyancing service, through panel conveyancing firms, via Move With Us and we receive on average a referral fee of one hundred and ninety four pounds, only on completion of the sale.
If you do use this service, the referral fee is included within the amount that you will be quoted by our suppliers. All quotes will also provide details of referral fees payable.
EPC Rating: G Tenure We will provide as much information about tenure as we are able to and in the case of leasehold properties, we can in most cases provide a copy of the lease.
They can be complex and buyers are advised to take legal advice upon the full terms of a lease. Where a lease is not readily available we will apply for a copy and this can take time.
Agents note We would advise that both properties hold separate Titles with the Land Registry on a 999 year lease from May 1894 with some 870 years unexpired.
All buyers are advised to make their own enquiries on this point, prior to any commitment to purchase or exchange of contracts takes place.
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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About 4 and 5 White Cottages, Monkton Village, Jarrow
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