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See how verdicts work2-bedroom house · NE15 6DG
Listing removedListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented two double bedroom semi detached house, situated within a cul-de-sac on the popular modern development of Chesterholme Avenue on The Rise.
Benefitting from district heating and sealed unit double glazed windows.
Briefly comprising of an Entrance Hallway with stairs to the first floor and laminate flooring, Breakfasting Kitchen to the front aspect with wall and base units, worktop surfaces, sink and drainer unit, laminate flooring, integrated appliances to include an electric oven and hob with an extractor over, dishwasher, fridge freezer and a washing machine.
The Lounge has French doors to the rear and a storage cupboard. Downstairs w/c with a low level w/c, pedestal hand wash basin, tiled flooring and an extractor fan.
To the first floor the Landing has a loft hatch with pull down ladders, Bathroom with a mains shower over the bath, tiled splash back and shower screen, low level w/c, pedestal hand wash basin, tiled flooring, extractor fan and a heated towel rail.
Bedroom 1 is to the front aspect and has part paneled feature walls and a storage cupboard. Bedroom 2 is to the rear aspect and enjoys river views.
Externally to the front there is a double length driveway giving off street parking for 2 cars and an EV charging point, gate to the side leading to the rear Garden which has lawn and paved areas all of which enjoy a Southerly aspect.
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
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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
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FAQ
About 60, Chesterholm Avenue, Newcastle Upon Tyne
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