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See how verdicts work5-bedroom detached house · NE16 5AE
Sold STCListed 59 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 Myrtle Lodge, a tardis of period detached residence dating back to 1892 and occupying a prime position on the highly regarded Grange Lane in Whickham.
Approached via an attractive gated entrance, the property enjoys a private driveway with ample parking and sits within a generous plot, complemented by a fantastic rear garden.
Much loved by the current owners for the past 13 years, Myrtle Lodge has been thoughtfully extended and significantly enhanced over the years, creating an impressive family home that combines period charm with modern living.
Offering in excess of 3,352 sq ft, the accommodation provides four substantial reception spaces, five bedrooms, three bathrooms, a superb open plan kitchen/dining room, games room/bar and integral double garage.
Internally, the accommodation briefly comprises: Ground Floor: Welcoming entrance hallway | Elegant front living room with feature fireplace and attractive dual aspect views | Stunning open plan kitchen/dining room fitted with a range of contemporary cabinetry, quality worktops, integrated appliances and a substantial central island | Impressive extended rear living room with glazed sliding doors opening directly onto the rear terrace | Utility room | Ground floor WC | Fully renovated games room/bar, complete with integral access into the double garage First Floor: The staircase rises to a spacious first floor landing, giving access to all five bedrooms.
The impressive principal suite features a generous double bedroom positioned to the rear, with access through to a separate dressing room fitted with bespoke Hammonds wardrobes, leading in turn to a beautifully appointed ensuite bathroom with contemporary four-piece suite.
The principal bedroom also benefits from direct access to a private rear terrace overlooking the gardens.
Bedrooms two and three are both generously proportioned and benefit from fitted wardrobes, while sharing a further impressive ensuite shower room/WC.
Bedrooms four and five are both well-sized double bedrooms, with the accommodation completed by a stylish family bathroom fitted with a modern four-piece suite.
Externally: Myrtle Lodge is approached via electric gates, opening onto a private driveway providing generous off-street parking for multiple vehicles.
The substantial rear garden offers a superb combination of lawn and paved patio terrace, creating an excellent space for outdoor dining, entertaining and family enjoyment during the warmer months.
A particularly appealing feature is the purpose-built wooden 'Arctic' hut, complete with built-in firepit, providing a wonderful additional space for relaxing and entertaining throughout the year.
The property also benefits from a double garage with electric door.
Location The property's location offers very good access to village life in Whickham with a range of convenience stores, restaurants, well regarded schools, Church's including St, Marys Parish Church and pubs.
The village borders the Derwent Valley and allows for beautiful walks to appreciate the Semi Rural location.
Transport routes such as the A1 motorway and frequent bus services provide commuter links to Newcastle, City Centre, Metrocentre and the surrounding areas with Newcastle international airport being only a short distance away.
Beautifully presented and offering an exceptional amount of versatile accommodation, Myrtle Lodge is a truly impressive period family home which must be viewed to be fully appreciated.
Early viewings are strongly recommended. 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. Some of the imagery may have been enhanced by AI.
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 or 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: F (Gateshead Council) Tenure: Freehold
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 Myrtle Lodge, Grange Lane, Whickham
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