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See how verdicts work3-bedroom semi-detached house · NE5 3QX
Sold STCListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** LOVELY SIZED HOUSE ** CENTRAL LOCATION ** NO UPPERCHAIN **Cloud Estates are delighted to welcome to the sales market this three bedroom house situated on Magnolia Drive, Blakelaw.The ground floor comprises of entrance hallway, downstairs WC, living room with large under-stair cupboard, modern kitchen with integrated white goods and gas hob.
There is access to the good sized private garden through the dining area French doors.The first floor comprises of a part tiled family bathroom with shower over bath and large storage cupboard, two double bedrooms and one good sized single bedroom.
There is small garden to the front of the property and a drive way with space for two vehicles.
There is a good sized garden to the rear.The property benefits from double glazing throughout and gas central heating, as well as energy saving bulbs and new insulation.
This gives the property an Energy Performance Rating of B. Viewings are highly recommended.
Please contact Liane to arrange a viewing Please NB this property is currently tenanted until January 2025 and the rent per annum is £10,800
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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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 Elder Grove, BLAKELAW, Newcastle Upon Tyne
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