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 work2-bedroom flat · NE28 7NF
Sold STCListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO GOOD SIZED BEDROOMS • PRIVATE YARD WITH OFF STREET PARKING AVAILABLE • WALKING DISTANCE TO METRO STATION, TRANSPORT LINKS, LOCAL AMENITIES AND SHOOLS • GREAT FIRST TIME BUY • CLOSE TO "THE GREEN" AND RICHARDSON DEES PARK • COUNCIL TAX BAND A • ENERGY RATING C • LEASEHOLD 125 Year Lease from 10/01/1983 - CURRENTLY BEING EXTENDED BY OWNER Entrance - Composite entrance door, stairs to the first floor landing.
Landing - Access to all rooms and stairs to leading rear. Lounge - 4.44 x 3.49 (14'6" x 11'5") - Laminate flooring, double glazed window, radiator and feature fireplace with electric fiire.
Kitchen - 2.61 x 2.40 (8'6" x 7'10") - Fitted with a range of wall and base units with contrasting work surfaces over, integrated oven and hob with extractor hood over, sink unit, part tiled walls , double glazed window and plumbed for washing machine.
Bedroom 1 - 3.98 x 3.26 - Double glazed window, radiator. Bedroom 2 - 2.99 x 2.87 (9'9" x 9'4") - Double glazed window, radiator.
Bathroom - 1.92m x 1.69m (6'3" x 5'6") - Comprising; bath with overhead shower, WC, wash hand basin. Plastic panelling to walls and laminate flooring, double glazed window, radiator.
External - Externally there is a private yard to the rear which has a southerly aspect, the yard provides space for on site parking. There is also an electrical charging port.
Leasehold - 125 Year Lease from 10/01/1983. We have been advised by seller that they are currently in the process of extending Lease with North Tyneside Council which will add a further 90 years.
This information must be confirmed via your legal representative.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor, variable in-home O2- Good outdoor, variable in-home Three- Good outdoor and in-home Vodafone Good outdoor and 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About North View, Wallsend
Explore nearby