We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · NE16 5HZ
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jan Mitchell Properties are delighted to welcome to the market this well presented larger style three bedroom semi detached family home with West facing rear located on the ever popular Elsdon Road in Whickham.
Internally the property has neutral décor throughout and is blank canvass for a buyer to make their own, briefly comprising:- Generous entrance hall, lounge with bow window and beautiful feature gas fireplace and surround, dining room with patio door opening out onto the rear garden, extended kitchen with store cupboard beneath the stairs and a separate utility room with direct access into the garage store as well as to the rear garden.
To the first floor of the landing there are three generous bedrooms with the master being recently renovated and a spacious three piece family bathroom with shower over the bath.
The property also benefits from a recent rewire.
Externally, there is a lawned garden and block paved drive to the front leading to the attached garage store and a well proportioned private rear garden consisting of raised bedded, lawned and paved areas.
With gas central heating and double glazing this property really does have to be viewed to appreciate the accommodation on offer.
Location Located on one of the more traditional and established residential areas in Whickham the property benefits from a wealth of local amenities on its doorstep including well regarded schools, shops, supermarkets and leisure facilities with further amenities easily assessed in Gateshead, Newcastle and the Metro Centre via trunk roads, regular bus routes and the nearby A1 motorway.
Measurements Lounge - 4.05m x 4.17m Dining Room - 3.31m x 3.20m Kitchen - 3.99 x 2.82m Utility Room - 3.07m x 2.11m Garage Store - 2.44m x 2.05m Bedroom One - 4.54m x 3.36m Bedroom Two - 3.55m x 3.40m Bedroom Three - 2.65m x 3.06m Bathroom - 2.61m x 2.54m IMPORTANT NOTE TO PURCHASERS We endeavour to make our property details accurate.
However, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Some of the imagery may have been enhanced by AI.
Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency.
All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us direct.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing.
Prospective purchasers must make further enquiries with their legal adviser. Council Tax Band: C (Gateshead Council) Tenure: Leasehold (999 years) Ground Rent: £15 per year
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

FAQ
About Elsdon Road, Whickham, Newcastle upon Tyne
Explore nearby