3-bedroom house · NE15 7QN
Listing removedReduced £5k (−2.2%) on 21 AugListed 120 days
Opportunity summary
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About
Beautifully presented family home, briefly comprising an entrance porch, welcoming hallway, lounge/dining room with sliding doors opening into the conservatory, and a modern fitted kitchen/diner with access to the rear garden.
The first floor offers three well-proportioned bedrooms and a family bathroom/W.C. The property also benefits from an integral garage, providing useful additional storage space.
Externally, the property benefits from well-maintained gardens to both the front and rear.
The front garden features a spacious double block-paved driveway providing ample off-road parking, complemented by an artificial lawn area and attractive planted borders.
The enclosed rear garden is mainly laid to lawn and includes a stylish composite decked area with established planted borders, creating an ideal outdoor space for relaxing and entertaining.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Broadband: Fibre to premises Mobile Signal Coverage Blackspot: No Parking: Garage/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. 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: 999 Years from 1st July 1969 Ground Rent: £8 per annum council tax band: C EPC rating: Entrance Porch Hall Central heating radiator and under stair storage cupboard.
Lounge/Dining Room (23' 0'' Max x 11' 6'' Max (7.01m x 3.50m)) Double-glazed window to the front elevation, two central heating radiators, and a feature fireplace with inset fire and decorative surround.
Sliding doors provide access to: Conservatory (9' 2'' Max x 7' 3'' Max (2.79m x 2.21m)) Laminate flooring, recessed downlighting, double-glazed windows, and double doors providing access to the rear garden.
Kitchen/Diner (15' 3'' Max x 10' 8'' Max (4.64m x 3.25m)) Fitted with a range of wall and base units complemented by tiled splashbacks, incorporating a sink with mixer tap and drainer set within the work surfaces.
Integrated hob with oven below and extractor hood above, together with plumbing for an automatic washing machine.
Additional features include laminate flooring, recessed downlighting, a double-glazed window, and a double-glazed door providing access to the rear garden.
Landing Under stairs storage cupboard and a central heating radiator.
Bedroom One (11' 7'' Max x 9' 4'' Including wardrobes plus recess (3.53m x 2.84m)) Double-glazed window to the front elevation, central heating radiator, fitted wardrobes, and additional storage units.
Bedroom Two (11' 0'' Max x 9' 8'' Including wardrobes (3.35m x 2.94m)) Double-glazed window to the rear elevation, central heating radiator, fitted wardrobes, and additional storage units.
Bedroom Three (8' 6'' Max including wardrobes x 8' 5'' Max including wardrobes (2.59m x 2.56m)) Double-glazed window to the front elevation, central heating radiator, and fitted wardrobes.
Bathroom/W.C Fitted with a three-piece white coloured bathroom suite comprising low level WC, pedestal wash hand basin, panel bath with shower over and screen, chrome heated towel rail, part tiled walls and two double glazed windows to the rear.
Externally Front Garden A spacious double block-paved driveway providing ample off-road parking, complemented by an artificial lawn area to the side and attractive planted borders.
Rear Garden The well-maintained enclosed garden is mainly laid to lawn, with a stylish composite decked area and attractive planted borders, providing a pleasant outdoor space for relaxation and entertaining.” Garage (17' 2'' Max x 8' 10'' Max (5.23m x 2.69m) Door width 7' 0'' (2.13m)) Up and over door, power and lighting.
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
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FAQ
About 27, Neptune Road, Newcastle Upon Tyne
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