3-bedroom terraced house · NE42 5AD
Listing removedListed 331 days
Opportunity summary
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About
Wesley Street is sold as seen with no onward chain & vacant possession, located in central Prudhoe with a great commuting base. With UPVC double glazing and gas central heating (via combi.
boiler), the house requires some improvement, but provides excellent potential.
The accommodation comprises, to the ground floor, from the rear: kitchen/dining room with wood-effect units and a built-in electric oven and gas hob within the kitchen area and adjacent dining area.
To the front is the good-sized lounge with laminate flooring and featuring French doors that open out to the front garden, allowing plenty of natural light and providing convenient outdoor access.
The front entrance lobby also has a door to/from the garden and stairs up to the first floor, where the spacious landing leads to the two double bedrooms, single/third bedroom and the bathroom, which comprises a panelled bath and separate shower cubicle with electric shower, wash basin & W.C.
Like the ground floor accommodation, the first floor requires some attention and improvement but provides a well-proportioned space.
Externally, the property has an astro-turfed front garden for low-maintenance outdoor space, with a gate to the pedestrian front path between the terraces.
To the rear, there is a yard with access along the rear lane, across which is a handy outhouse, useful for storage.
Location - Wesley Street sits in the heart of Prudhoe, a well-connected town in Northumberland, at the edge of the Tyne Valley.
The house is a short walk to Front Street’s shops, cafés and community amenities, and well served by regular Go North East buses (such as the 10/10B) heading to Newcastle, Hexham and the MetroCentre.
For rail travel, Prudhoe Station on the Tyne Valley Line offers services into Newcastle (10.2 miles to the east) and Carlisle. Road access is straightforward too, via the nearby A695.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
CRA250341/2 Description Wesley Street is sold as seen with no onward chain & vacant possession, located in central Prudhoe with a great commuting base.
With UPVC double glazing and gas central heating (via combi. boiler), the house requires some improvement, but provides excellent potential.
The accommodation comprises, to the ground floor, from the rear: kitchen/dining room with wood-effect units and a built-in electric oven and gas hob within the kitchen area and adjacent dining area.
To the front is the good-sized lounge with laminate flooring and featuring French doors that open out to the front garden, allowing plenty of natural light and providing convenient outdoor access.
The front entrance lobby also has a door to/from the garden and stairs up to the first floor, where the spacious landing leads to the two double bedrooms, single/third bedroom and the bathroom, which comprises a panelled bath and separate shower cubicle with electric shower, wash basin & W.C.
Like the ground floor (truncated) Location Wesley Street sits in the heart of Prudhoe, a well-connected town in Northumberland, at the edge of the Tyne Valley.
The house is a short walk to Front Street’s shops, cafés and community amenities, and well served by regular Go North East buses (such as the 10/10B) heading to Newcastle, Hexham and the MetroCentre.
For rail travel, Prudhoe Station on the Tyne Valley Line offers services into Newcastle (10.2 miles to the east) and Carlisle. Road access is straightforward too, via the nearby A695.
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.
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FAQ
About Wesley Street, Prudhoe, Northumberland, NE42
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