3-bedroom terraced house · NE39 2DL
Sold STCListed 35 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property comprises an entrance porch with double doors opening into a large living room, featuring stairs rising to the first floor and French doors providing access to the rear garden.
Located off the living room is the kitchen/dining area, fitted with a range of wall and base units, integrated oven and induction hob, together with access to the rear garden.
To the first floor are three bedrooms, comprising two good-sized double bedrooms and a single bedroom. The rear double bedroom benefits from elevated views.
There is also a family bathroom fitted with a shower over the bath and recently tiled. The landing provides access to the loft via a pull-down ladder. The loft currently houses the boiler.
Externally, to the front is a paved and gated garden with pedestrian access along the terrace, and a further sloped gravelled garden area.
The enclosed elevated rear garden provides a pleasant outdoor space, with a lawned area and patio seating area — ideal for enjoying the elevated position and views.
A gate leads to steps down to the rear street, where there is useful bin storage.
A further notable benefit is the garage situated adjacent to the property, providing valuable additional parking, storage or potential for a variety of uses, subject to any necessary permissions.
Hillcroft is situated along/off Hookergate Lane (B6315) and Highfield Road, in the Highfield area of Rowlands Gill, where there are some local shops and facilities, including Highfield Primary School, just over half a mile down the road.
Rowlands Gill village is just over a mile away, where there are further shops and amenities (including a Boots pharmacy, doctor's surgery, volunteer-run library and Tesco Express store).
Newcastle city centre is less than 9 miles away, the Metro Centre and the nearest A1(M) junction both within 5 miles and the airport 11.5 miles.
Situated in the Derwent Valley, there are popular local countryside walks in and around Rowlands Gill - including the famous Red Kite Trail - and cycle routes, while the popular National Trust grounds of Gibside are also just at the edge of the village.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
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. QRW260200/2
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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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
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FAQ
About Hillcroft, Highfield, Rowlands Gill, Tyne and Wear, NE39
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