3-bedroom house · NE15 6BG
Listing removedReduced £10k (−5%) on 4 SepListed 191 days
Opportunity summary
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About
Benefitting from no chain is this modern semi detached house, located on The Rise. The accommodation to the ground floor briefly comprises of hallway, WC, lounge and kitchen.
To the first floor is a landing, master bedroom with en suite, two bedrooms and bathroom. Externally, there is a town garden to the front, garden to the rear, and off street parking for two vehicles.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.
Council Tax Band: B EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: District Heating System Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights Listed? No Conservation Area? No Restrictions on property?
No Easements, servitudes or wayleaves? No Public rights of way through the property?
No Risks Flooding in last 5 years: No Risk of Flooding: Zone 1 Any flood defences at the property: No Coastal Erosion Risk: Low Known safety risks at property (asbestos etc…): No Building works Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No Accessibility This property has no accessibility adaptations.
Tenure Leasehold. It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 155 years from 01 January 2014 Ground Rent: £150pa Service Charge: £150pa There is the option of the freehold being purchased during completion of the sale.
Please ask your solicitor for more information on this. Hallway Stairs to first floor landing. Radiator. WC Frosted double glazed window to the front. Pedestal wash hand basin. Low level WC. Radiator.
Lounge (15' 10'' x 11' 11'' (4.82m x 3.63m)) Three double glazed windows, situated to the front and side. Storage cupboard. Radiator.
Kitchen (15' 8'' x 9' 9'' (4.77m x 2.97m)) Double glazed windows to the front and side. Electric hob. Electric oven. Sink/drainer. Integrated fridge freezer. Plumbed for washing machine.
Two radiators. French door to the side. First Floor Landing Radiator. Master Bedroom (16' 11'' x 11' 0'' plus recess (5.15m x 3.35m)) Three double glazed windows, situated to the side and front.
Storage cupboard. Loft access. Radiator. En Suite (5' 3'' x 4' 5'' (1.60m x 1.35m)) Shower cubicle. Pedestal wash hand basin. Low level WC. Extractor fan. Radiator.
Bedroom Two (12' 2'' into door recess x 14' 5'' max (3.71m x 4.39m)) Two double glazed windows to the front and side. Radiator.
Bedroom Three (8' 3'' x 7' 7'' (2.51m x 2.31m)) Double glazed window to the side. Radiator. Family Bathroom (6' 8'' x 5' 11'' (2.03m x 1.80m)) Frosted double glazed window to the side.
Panelled bath with shower over. Pedestal wash hand basin. Low level WC. Extractor fan. Radiator. External Town garden to the front. Garden to the rear. Driveway for two vehicles.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 1, Bellshiel Grove, Newcastle Upon Tyne
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