3-bedroom terraced house · NE3 2NH
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional, fully refurbished three-bedroom mid-terraced house benefiting from a southerly facing garden and off-street parking.
Ideally suited to a growing family, the property is well positioned for access to excellent local schools, shops, amenities, and convenient bus and Metro links.
The accommodation comprises an entrance hallway, dual-aspect sitting room, and a spacious kitchen/diner. There is also a utility room providing access to a rear passageway and a large store room.
To the first floor are three well-proportioned bedrooms and a modern family bathroom.
Externally, the property enjoys a generous southerly facing rear garden, while a paved frontage provides off-street parking.
Additional benefits include double glazing throughout and gas-fired central heating via a combination boiler.
Tenure: Freehold Council Tax Band: B EPC Rating: C Primary services supply Electricity: Mains & Solar Panels Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Agents note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 81, Broadway West, Newcastle Upon Tyne
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