2-bedroom terraced house · NE38 0PH
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We welcome to the sales market this two bedroom terrace house located in the popular area of Lambton, close to local schools, shops and amenities.
This home is an ideal purchase for a first time buyer, investor or someone looking to downsize.
Being offered with No Onward Chain The property briefly comprises of:- Entrance hallway, lounge, kitchen, conservatory and bedroom two all to the ground floor.
To the first floor is a large double bedroom, and a bathroom.
Lambton is home to its own well rated Primary school, Holly Park Primary School which is a short distance away, additional schools are located within close proximity.
Transport links are excellent for both public transport users and commuters with both A19 and A1 being a short drive. Lambton is a popular area sure to please.
Entrance hallway: A neutral inviting hallway with wood laminate flooring and stairs to the first floor.
Lounge/Dining Room: 17'7 x 12'8 Large living space and dining area, with wood laminate flooring and both window and glazed door giving access to the conservatory.
Conservatory: 12'0 x 6'2 A wonderful addition this second reception room allows you to look over the private rear garden and also gives direct access.
Kitchen: 13'4 x 6'7 Offering a range of wall and base units with a complementary work top and part tiled walls.
The kitchen enjoys a window to the front aspect and includes electric hob, electric oven, and ample space for white goods.
Bedroom Two: 8'9 x 6'5 Positioned on the ground floor, this good sized bedroom is neutral with window to the front aspect and has wood laminate flooring.
It could also be used as a home office or formal dining if preferred. First floor landing: Stairs to first floor, two built in storage cupboards and loft access.
Bedroom One: 11'5 x 9'8 Large double bedroom decorated in neutral colours with wood laminate flooring and a window to the rear aspect. The room also benefits from a large built in cupboard.
Bathroom: Comprising of a white WC, corner bath, fitted wash hand basin, privacy window and uPVC clad walls.
External: This property enjoys a pleasant plot set back from the main through road and there are multiple off road parking bays.
To the rear there is a back garden, which is mainly blocked paved with gate access. EPC Rating: C
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 advisors 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 Lomond Close, Lambton, Washington, NE38
Explore nearby
