2-bedroom terraced house · NE28 9RY
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• TWO BEDROOM END OF TERRACE HOUSE • GREAT FIRST TIME BUY • POPULAR LOCATION • • CLOSE TO SHOPPING FACILITIES, SCHOOLS, BUS SERVICES & ROAD LINKS TO THE A19 & A1058 • • OFF STREET PARKING TO FRONT • LOVELY PRIVATE GARDEN TO REAR • MODERN KITCHEN/DINER • • FREEHOLD • COUNCIL TAX BAND B • ENERGY RATING TBC • Entrance Lobby - Double glazed entrance door, tiling to floor, inner door leading into the lounge.
Lounge - 4.18 x 4.05 (13'8" x 13'3") - Double glazed window, stairs to the first floor landing, radiator.
Kitchen/Diner - 4.18 x 2.49 (13'8" x 8'2") - Fitted with a range of wall and base units with work surfaces over and sink unit, double glazed windows, radiator and double glazed door leading out to the rear garden.
Landing - Access to bedrooms and bathroom. Bedroom 1 - 3.49 x 3.19 (11'5" x 10'5") - Double glazed window, cupboards and radiator.
Bedroom 2 - 3.05 x 2.41 (10'0" x 7'10") - Double glazed window, radiator.
Bathroom - 2.05 x 1.68 (6'8" x 5'6") - Comprising; bath with shower over, WC and wash hand basin with built-under storage, double glazed window, part tiled walls, radiator.
External - Externally the front garden is mostly gravelled and provides space for off street parking. There is a lovely private garden to the rear which is laid to lawn and has a fenced perimeter.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor Three-UK-Good outdoor, variable in-home Vodafone-Good outdoor, variable in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Medium. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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.
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