2-bedroom terraced house · NE17 7JJ
Sold STCListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jan Mitchell Properties are delighted to welcome to the market this immaculately presented and spacious two bedroom terraced house.
The property is very much ready to move straight in to benefitting no onward chain and arguably some of the best views of the Derwent Valley in Chopwell making it a property that is certain to appeal to a variety of buyers.
The property briefly comprises:- Entrance hall with stairs to the first floor, lounge with newly laid wooden floors, feature fireplace housing a log burner and patio doors opening on to the front garden, spacious dining room with storage cupboards, and modern kitchen with 5 burner Neff hob, integrated fridge freezer and fitted wall & floor units.
To the first floor, you are presented with a stylish three piece family bathroom WC with rainfall shower over the bath, and two good sized bedrooms, the main with built-in wardrobes and those aforementioned stunning valley views.
Externally, there is a private yard to the rear and a South facing garden to the front with lawned and patio areas to make the most of those tranquil views.
Location Chopwell offers a wealth of local amenities including shops, schools, medical centre and woodland walks through Chopwell Woods and along the Derwent walk with further amenities easily accessed further afield via regular bus links and trunk roads.
Measurements Lounge - 4.93 x 3.31 Dining Room - 4.38 x 3.20 Kitchen - 1.89 x 3.98 Bedroom One - 3.92 x 3.54 Bedroom Two - 2.74 x 3.03 IMPORTANT NOTE TO PURCHASERS We endeavour to make our property details accurate, however, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact.
Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency.
All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval.
If you require clarification of further information on any points please contact us direct.
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.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing.
Prospective purchasers must make further enquiries with their legal adviser. Council Tax Band: A (Gateshead Council) Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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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 Elizabeth Street, Chopwell, Newcastle upon Tyne
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