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See how verdicts work2-bedroom bungalow · NE21 6ES
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***CHAIN FREE*** Well presented two bedroom semi-detached bungalow which benefits from a lovely spacious garden plot!
The property comprises of entrance hallway, lounge, kitchen with integrated appliances, conservatory, two bedrooms and bathroom W/C.
The property has been updated to include a new kitchen, new bathroom and redecoration throughout.
Externally the property benefits from lovely spacious low maintenance front, side and rear gardens, as well as a garage. Parking available in front of garage and on street. Viewing essential!
EPC Rating C.
Lounge 13' 5'' x 11' 5'' (4.09m x 3.48m) max Kitchen 11' 0'' x 10' 6'' (3.35m x 3.20m) Fitted with a modern style range of wall and base units, including an integrated oven, hob, fridge, freezer and dishwasher.
Access to the conservatory and rear garden. Conservatory 10' 0'' x 7' 10'' (3.06m x 2.38m) French doors to rear garden.
Bedroom 1 11' 5'' x 10' 5'' (3.48m x 3.18m) Bedroom 2 11' 1'' x 8' 4'' (3.37m x 2.54m) max Cupboard housing gas fired combi boiler.
Bathroom 7' 9'' x 7' 3'' (2.35m x 2.20m) max Recently fitted with lovely modern fittings including bath with shower over, wash basin, W/C and towel rail radiator.
Garage 16' 10'' x 7' 8'' (5.12m x 2.34m) Up and over garage door, light and power. Rear door giving access to the rear garden of the property. Plumbing and power for washing machine.
Externally Low maintenance plot including artificial turf and patternered concrete paths to the front and side.
To the rear the garden is paved giving a lovely low maintenance space to sit and relax. Garage to the side with parking available in front and on street.
Additional information Council tax band: B We understand this property is freehold.
Mobile phone coverage and broadband availability: Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining.
We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.
We have been advised by the current owner that refurbishment of the property includes a rewire, new kitchen, new bathroom, new front door, new flooring and redecoration throughout.
Important note to purchasers We have prepared these sales particulars as a general guide to give a broad description of the property.
They are not intended to constitute part of an offer or contract. The measurements are a guide to prospective buyers only and are not precise.
We have not carried out a structural survey and the services, appliances and fittings have not been tested by us. If you require any further information, please contact us.
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.
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About Hanover Walk, Winlaton
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