3-bedroom terraced house · NE27 0BX
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to bring to the market this three-bedroom terraced house, ideally situated in the popular residential area of West Allotment, Newcastle upon Tyne.
The property offers well-proportioned accommodation throughout and provides an excellent opportunity for buyers looking to create a comfortable home with the potential to add their own personal touches.
The property is vacant and offered for sale with no upper chain, making it an attractive option for both homeowners and investors.
The accommodation briefly comprises a welcoming reception room, a fitted kitchen, three good-sized bedrooms and a bathroom.
While the property is perfectly habitable, it would benefit from some updating and modernisation, allowing the new owner to put their own stamp on the home.
Externally, the property enjoys its own outdoor space, while a garage located within a separate garage block provides valuable additional storage and parking for one car.
Situated within this established residential area, the property is well placed for access to local amenities, schools, green spaces and excellent transport links, providing convenient connections towards Newcastle upon Tyne and the surrounding areas.
With its three bedrooms, vacant possession, no upper chain and scope for improvement, this property represents an excellent opportunity for buyers seeking a home they can make their own.
Joint Entrance Way / Parking Restriction Please note that the driveway, shown marked in yellow on the attached plan, is a Joint Entrance Way shared with the adjoining property.
In accordance with the restriction contained within Paragraph 7 of the Third Schedule of the lease, parking is prohibited on the Joint Entrance Way to ensure that it remains clear, accessible and unobstructed for use by both properties.
Contact Pattinson Estate Agents today to arrange your viewing. Council Tax Band: B Tenure: Leasehold Length of Lease: 105
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 162, Cloverfield, Newcastle upon Tyne
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