2-bedroom house · NE10 9AP
Listing removedListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom terraced home offers an ideal opportunity for a variety of buyers, including first-time purchasers looking to step onto the property ladder, as well as those wishing to downsize without compromising on comfort or style.
Upon entering, you are greeted by a pleasant and inviting entrance hallway that sets the tone for the rest of the home.
The spacious lounge is a standout feature, offering a warm and inviting atmosphere, enhanced by an attractive focal point fireplace set into the chimney breast, perfect for relaxing evenings or entertaining guests.
To the rear of the property lies the well-appointed dining kitchen, designed with both functionality and style in mind.
The kitchen area boasts a range of modern wall and base units, complemented by built in cooking appliances, providing ample storage and workspace.
The dining area comfortably accommodates a table and chairs, making it an ideal space for family meals or social gatherings. A door from this area provides convenient access to the rear garden.
Upstairs, the property continues to impress with two generously sized double bedrooms, both offering comfortable and versatile living arrangements.
The modern bathroom is fitted with a white suite and features a shower over the bath. Externally, the home benefits from an open aspect frontage, adding to its kerb appeal.
To the rear, there is an enclosed garden which offers outdoor space perfect for seating, relaxing, or entertaining.
Double gates to the rear provide the option for off-street parking, adding further convenience.
Ideally situated, the property enjoys convenient access to a range of local amenities, schools, and facilities, as well as transport links for commuting and travel.
With so much to offer, this charming home is sure to attract strong interest, and early viewing is highly recommended to fully appreciate its appeal.
Lounge (4.20m x 3.93m) Dining Kitchen (5.86m x 1.96m) Bedroom One (4.91m x 2.90m) Bedroom Two (3.47m x 2.69m) Bathroom (2.34m x 1.63m) Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
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FAQ
About 38 Creslow, Gateshead
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