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 · NE15 8QH
Listing removedListed 468 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to a wide range of buyers including first-time buyers, investors, and those looking to downsize, this well-presented mid-terraced home is set within a popular residential area.
Nestled in the heart of Throckley Village, the property enjoys convenient access to a range of local amenities including shops, schools, and public services.
Transport links provide access to Newcastle City Centre and surrounding areas, making it an ideal choice for commuters.
The ground floor features a welcoming lounge with a focal point fireplace set into the chimney breast and providing a charming space to relax and unwind.
To the rear of the home, a generously sized dining kitchen offers ample space for family meals and entertaining.
Fitted with a range of units and work surfaces, the kitchen also has space for appliances and includes a rear access door leading out to the enclosed garden – perfect for outdoor dining or children’s play during the warmer months.
Upstairs, the first floor hosts two well-proportioned double bedrooms, offering flexibility for a range of needs, whether you're seeking sleeping space, a home office, or guest accommodation.
Completing the layout is a modern shower room, fitted with a double walk-in shower and mains-fed shower head, providing a sleek and modern finish.
Externally, the home benefits from gardens to both the front and rear, adding to its appeal and providing potential for further landscaping or personalisation.
Early viewing is highly recommended to appreciate the space, location, and potential this lovely home has to offer.
EPC Rating: C Lounge (5.18m x 4.29m) Dining Kitchen (4.57m x 3.00m) Bedroom One (4.14m x 3.71m) Bedroom Two (3.60m x 2.79m) Shower Room (2.05m x 1.88m)
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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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.
Area
Agent & docs
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FAQ
About 13 The Leazes, Newcastle Upon Tyne
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