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 bungalow · NE23 6BL
Listing removedListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroomed semi detached bungalow pleasantly situated in a cul de sac on the edge of the Whitelea Glade estate, close to bus stops and within easy reach of Manor Walks and town centre amenities.
The property offers well planned accommodation with the living room overlooking the rear garden and an enlarged kitchen.
Recently modernised, the bungalow has gas fired combi central heating, upvc framed double glazing, refitted shower room and kitchen, fresh decor and new carpets. No onward chain.
Freehold Council Tax Band B EPC Rating D Entrance Hall Radiator, built in cupboard Living Room ( Rear ) (5.41m (17'9") x 3.66m (12'0")) Radiator, wall light fittings, double glazed sliding doors to the rear garden Kitchen (3.12m (10'3") x 2.87m (9'5")) Newly fitted range of high gloss white base and wall units with drawers and cupboards, laminate worktops, stainless steel sink unit with mixer tap, built in cooker with ceramic hob and fan assisted oven, glazed splashguard, concealed cooker hood, plumbing for washing machine Bedroom One (3.86m (12'8") x 3.66m (12'0")) Radiator Bedroom Two Radiator, built in wardrobe Shower Room Large shower compartment with mains rain shower and flexible shower spray, wash basin and wc set in vanity unit, chromium ladder radiator, lined walls Externally With electric roller door, wall mount Baxi Duotec gas fired combi central heating boiler.
To the front of the property there is a lawned garden and block paved driveway with space for two cars. To the rear there is an enclosed garden with lawn screened by mature conifers. Tenure Freehold
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
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FAQ
About 76, Hareside, Cramlington
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