2-bedroom bungalow · NE6 3EL
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain is this beautifully refurbished two dormer bungalow situated on this larger than average corner and will appeal to a variety buyers.
The property is ideally located close to all local amenities, good schools and good transport links to Newcastle City Centre, the Coast and South Tyneside.
The accommodation comprises; entrance hall with stairs to the first floor, lounge to the front with walk in bay window, modern kitchen diner. To the first floor, two bedrooms and bathroom/WC.
Externally to the front is mainly gravelled with fenced boundaries and double gates providing off street parking for multiple vehicles.
To the rear is a south facing private rear garden which also wraps around to the side of the property with two brick built sheds and fenced boundaries.
The property has had extensive works including full rewire, full heating system, new roof, fully modernised throughout to name a few.
Properties in this area are extremely in demand so view early to avoid disappointment. Virtual tour available at link below: Please contact the Heaton Branch on for further information and viewings.
Council Tax Band: A Tenure: Freehold Front External To the front of the property is mainly gravelled with fenced boundaries and double gates providing off street parking for multiple vehicles.
Entrance Area With door off to the lounge and stairs to the first floor. Lounge 4.17m x 4.29m UPVC double glazed walk in bay window to the front, electric fire and radiator.
Kitchen Diner 3.15m x 5.2m Modern fitted kitchen with a good range of wall and base units, complimenting work surfaces, stainless steel sink with mixer tap, space for appliances, space for dining table, under stairs storage cupboard, UPVC double glazed French doors leading to the rear garden, UPVC double glazed window and radiator.
First Floor Landing With doors off to the bedrooms and bathroom/WC. Bedroom One 4.16m x 4.17m UPVC double glazed dormer window to the front and radiator.
Bedroom Two 2.84m x 2.51m UPVC double glazed window to the rear and radiator.
Bathroom/WC 1.63m x 2.21m White three piece bathroom suite comprising; bath, hand wash basin, low level WC, partially tiled walls, UPVC double glazed window and heated towel rail.
Rear Garden South facing private rear garden which also wraps around to the side of the property with two brick built sheds and fenced boundaries.
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.
Area
Agent & docs
FAQ
About Southfield Terrace, Walker, Newcastle upon Tyne, Tyne and Wear, NE6 3EL
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