We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · NE28 9QP
Sold STCListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• BEAUTIFULLY PRESENTED THROUGHOUT • THREE BEDROOM SEMI DETACHED HOUSE • • MODERN KITCHEN/DINER • LOVELY SOUTH FACING REAR GARDEN • NEARBY SCHOOLS • • ROAD LINKS TO THE A1058 COAST ROAD & A19 • GARAGE & OFF STREET PARKING TO FRONT • • A LOVELY FAMILY HOME IN A HIGHLY SOUGHT AFTER LOCATION • COUNCIL TAX BAND C • • FREEHOLD • ENERGY RATING TBC • Porch - Double glazed entrance door with window to the side, cupboard, tiling to floor and inner door leading into the hallway.
Hallway - Stairs to the first floor landing, radiator. Lounge - 3.86 x 3.73 (12'7" x 12'2") - Double glazed window, radiator.
Kitchen/Diner - 5.71 x 2.88 (18'8" x 9'5") - Fitted with a modern range of wall and base units with contrasting work surfaces over, integrated oven and hob with extractor hood over, integrated fridge/freezer, double glazed window, vertical radiators, herringbone wood effect flooring, double glazed French doors leading out to the rear garden.
Landing - Double glazed window, cupboard, access to bedrooms and bathroom.
Bedroom 1 - 3.55 x 2.98 (11'7" x 9'9") - Double glazed window, fitted sliding door wardrobes, part panelled feature wall, radiator.
Bedroom 2 - 3.67 x 2.66 (12'0" x 8'8") - Double glazed window, fitted sliding door wardrobe, radiator. Bedroom 3 - 2.66 x 2.36 (8'8" x 7'8") - Double glazed window, fitted bed and shelving, radiator.
Bathroom - 2.32 x 1.65 (7'7" x 5'4") - Comprising; bath with shower over, WC and wash hand basin, double glazed window, tiling to walls and floor, ladder style radiator.
External - Externally there is a garden to the front which is laid to lawn together with space for off street parking and access to the garage.
The rear garden is south facing and has lawn, raised beds and a paved patio. There is also access into the garage from the rear, the garage is plumbed for a washing machine.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor Three-UK-Good outdoor, variable in-home-Vodafone Good outdoor, variable in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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.
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FAQ
About Cheadle Avenue, Wallsend
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