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See how verdicts work3-bedroom semi-detached house · NE16 5HX
Listing removedListed 170 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This larger style three-bedroom family home with a garage and driveway parking, a cosy sun room, and extensive wrap-around gardens to three sides on a corner plot, is offered to the market with no onward chain, and is ideally located close to good schools in Whickham.
Whilst the house requires modernising, it does provide the growing family with an expansive property inside and out in a great location, and with the correct drive and determination, you will create a fabulous family home.
The property opens into a large entrance area with immediate and useful storage in this very welcoming space.
The extensive living and dedicated dining area, create a comfortable space for both relaxing and entertaining. The sun room is at the rear of the property, and accessed from the dining room.
Please see the floor plan attached for internal layout and approximate measurements.
The generous kitchen houses the new combi-boiler, and provides access to the separate garage, ample additional storage and the secluded rear garden.
To the first floor, the property offers three well-proportioned double bedrooms and a family bathroom, along with additional cupboard storage.
Externally, the home benefits from off-road parking and a lawned garden to the front and side with very well maintained mature trees and shrubs.
To the rear, there is a private enclosed south facing lawned garden with side access, ideal for outdoor enjoyment.
The house is perfectly positioned for highly regarded local schools and excellent amenities nearby, making it an ideal choice for families.
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 Greystoke Gardens, NE16
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