2-bedroom semi-detached house · NE62 5JX
Sold STCListed 390 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is an investment opportunity as this semi detached house is rented out on a long term lease that runs until Jan 2027.
With 2 double bedrooms this house has been a successful rental for many years and has off street parking and garden.
Accommodation comprises: Ground floor: Entrance porch, hallway, sitting room, kitchen, utility room. First floor: Landing, bedroom 1, bedroom 2, bathroom/wc.
Outside: Front town garden, driveway, off street parking, rear garden.
Situation: Located within Choppington and with access to all this bustling area has to offer including local amenities within Stakeford, Ashington, Guidepost & Bedlington.
There is also further amenities at the market town of Morpeth that can be accessed by road and bus.
Close to Northumberland heritage coastline there is also the option to commute into Newcastle city centre. There are good local schools for all ages, sports clubs and leisure facilities.
Description: Being sold as an investment opportunity this semi detached house is rented out on a current lease that runs to January 2027.
With 2 double bedrooms the house has a generous sitting room, fitted kitchen and utility room on the ground floor.
Further information regarding the lease details and rents achieved are available upon request. Outside: To the front is a town garden and driveway that allows for off street parking.
To the rear is a garden.
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 Stakeford Lane, Choppington, NE62
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