2-bedroom terraced house · NE28 6TG
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CHAIN FREE ** TWO BEDROOM TERRACED HOUSE ** FORMERLY TWO FLATS ** FREEHOLD ** ** TWO RECEPTIONS ROOMS ** CLOSE TO LOCAL AMENITIES AND TRANSPORT LINKS ** ** WITHIN WALKING DISTANCE TO WALLSEND METRO STATION ** PRIVATE YARD ** ** ENERGY RATING D ** COUNCIL TAX BAND A ** Entrance - UPVC Door opening into dining room and stairs to first floor Dining Room - 4.94 max x 4.03 (16'2" max x 13'2" ) - Double glazed window, radiator, feature fireplace, understairs cupboard, double doors leading into lounge.
Lounge - 4.95 max x 4.06 (16'2" max x 13'3" ) - Hearth with electric fire, radiator, French doors leading into private backyard access to kitchen.
Kitchen - 2.64 x 2.29 (8'7" x 7'6") - Two double glazed windows, range of base and wall units, sink, electric hob and oven with extractor hood. Plumbed for washing machine.
Stairs To First Floor - leading to... Landing - Access to bedrooms, bathroom and partially boarded loft.
Radiator Bathroom - 2.64 x 2.29 (8'7" x 7'6") - Double glazed window , WC, bath, wash hand basin, separate shower cubicle, radiator, part tiled walls and tiled floor.
Bedroom 1 - 4.09 x 3.51 max (13'5" x 11'6" max ) - Double glazed window, radiator, sliding door wardrobe, feature fireplace.
Fireplace Bedroom 1 - Bedroom 2 - 4.11 x 2.26 (13'5" x 7'4" ) - Double glazed window, radiator, cupboard. External - To the front there is a permit parking and to the rear there is a private yard.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor, variable in-home O2- Good outdoor, variable in-home Three- Good outdoor and in-home Vodafone - Good outdoor We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Rivers and the sea: Very low. Surface water: 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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About Laurel Street, Wallsend
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