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See how verdicts work3-bedroom terraced house · NE38 0PH
For saleListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming three-bedroom mid-terraced home, ideally situated within the popular residential area of Lomond Close, Washington.
Offering generously proportioned accommodation throughout, this delightful property is perfectly suited to families, first-time buyers, or those seeking additional living space.
Upon entering, you are welcomed into a bright and spacious lounge, creating an inviting setting for both relaxation and entertaining.
The separate dining room provides an excellent space for family meals and social gatherings, while the convenient ground floor W.C. Adds practicality to everyday living.
To the first floor, the property boasts three well-sized double bedrooms, offering comfortable and versatile accommodation for growing families, home working, or visiting guests.
Conveniently located with excellent access to the A1, the property is ideally positioned for commuters and provides easy connections to Washington, Newcastle, Durham, and the surrounding areas.
A range of local amenities, schools, and transport links are also close by, enhancing the appeal of this desirable home.
Combining spacious accommodation, practical living areas, and a well-connected location, this attractive home presents an excellent opportunity for a variety of purchasers.
Early viewing is highly recommended to fully appreciate all that this wonderful property has to offer.
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
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FAQ
About 18, Lomond Close, Tyne and Wear
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