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See how verdicts work2-bedroom house · NE15 8DN
No longer listedListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A generous home with good proportions, off street parking and low maintenance front garden. Warmed by Gas Central heating and fully Double glazed throughout.
A super investment opportunity and would also suit a first time buyer or a downsized. Walking distance to local amenities, schools and transport links.
Council Tax Band: A Tenure: Freehold Access The property is accessed via a pathway leading onto the front yard, which features a large patio area with space for outdoor furniture.
The west-facing aspect provides a good amount of sunlight, with a secure perimeter enclosed by fencing and hedging. A UPVC door provides access into the property.
Entrance Lobby Accessed via the front door, the entrance lobby features a smoke detector to the ceiling, electric and gas meters to the wall, carpeted flooring, neutral décor and a door leading through to the lounge.
Lounge (4.48m x 4.21m) Located to the front of the property, the lounge features carpeted flooring, neutral décor, a pendant light fitting to the ceiling and a wall-mounted radiator.
A marble fireplace with timber surround provides a focal point, while a large double-glazed window with bottom opener provides excellent natural light and ventilation.
There is ample space for lounge furniture, with a door leading through to the inner lobby.
Inner Hallway The inner lobby features carpeted flooring, neutral décor and a large understairs storage cupboard, with a doorway leading through to the kitchen and stairs providing access to the first floor.
Kitchen (2.77m x 2.64m) Located to the rear of the property, the kitchen features wood-effect vinyl flooring, half-height tiling to the walls with neutral décor above and four spotlights to the ceiling.
There is a range of cream wall and base units with chrome fixtures, space for an automatic washing machine, inter grated dishwasher, tumble dryer and cooker, along with a stainless steel sink with chrome mixer tap.
A cupboard houses the Baxi boiler system. A double-glazed window with opener provides natural light, while a UPVC stable door with opaque glass panel leads out to the rear yard and driveway.
First Floor: Landing Accessed via carpeted stairs from the inner lobby, the first-floor landing features neutral décor, a pendant light fitting and smoke detector to the ceiling, along with access to the loft via pull-down ladders.
Doors lead to all first-floor accommodation.
Master Bedroom (4.60m x 2.83m) Accessed via the first-floor landing, the master bedroom features carpeted flooring, neutral décor, a pendant light fitting to the ceiling and a wall-mounted radiator.
Fitted mirrored sliding wardrobes provide excellent storage, with ample space for a king-size bed and additional bedroom furniture.
Bedroom 2 (3.63m x 2.05m) Located to the rear of the property, Bedroom 2 features carpeted flooring, neutral décor, a pendant light fitting to the ceiling and a wall-mounted radiator.
Large double-glazed windows with bottom openers provide excellent natural light and ventilation, with space for a bed and additional bedroom furniture.
Shower Room (2.71m x 1.30m) The bathroom features wood-effect laminate flooring, fully tiled walls and a panelled ceiling with pendant light fitting.
A three-piece white suite with chrome fixtures is complemented by a chrome heated towel rail. An opaque rear-facing window with bottom opener provides ventilation.
Rear Yard Accessed from the kitchen, the private rear yard provides parking for one car, storage space for bins and a secure brick perimeter.
There is also access to the rear lane which is where the water meter is.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 10 Lesbury Street, Newcastle upon Tyne
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