2-bedroom terraced house · NE37 2TR
Listing removedReduced £10 (−1.6%) on 26 JunListed 214 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Amenities On Doorstep!!
This two bed mid terrace property comprising of lounge, kitchen dining room, bathroom and two spacious bedrooms to the first floor, is welcomed to the lettings market by Jill Moore Sales & Letttings.
Externally it offers a stoned front garden and private back rear yard. This property makes the perfect first home with great schools and shops, pubs/restaurants and commuting links on the doorstep.
A holding fee of 1 weeks rent is payable upon application and all properties are subject to a bond which can be up to the value of a month's rent,
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Douglas Terrace, Concord, Washington, Tyne & Wear, NE37
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