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 work2-bedroom house · NE10 9US
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two Bedroom Semi-Detached Home with Double Driveway in a Popular Felling Location Situated on the sought-after Smithburn Road in Felling, this lovely two-bedroom semi-detached home offers well-proportioned accommodation, off-street parking and an excellent location, making it a fantastic opportunity for first-time buyers.
The property welcomes you with a bright and inviting living space, creating the perfect place to relax and unwind.
The well-planned layout flows effortlessly, offering comfortable everyday living with plenty of potential to make it your own.
Upstairs, you'll find two generous bedrooms, both offering excellent space for furniture and storage, along with a family bathroom.
Outside, the property benefits from a double driveway, providing convenient off-street parking for two vehicles, a feature that's always in demand.
Smithburn Road enjoys a great position within Felling, with excellent transport links nearby, making commuting into Newcastle, Gateshead and beyond quick and convenient.
Local shops, schools and everyday amenities are all within easy reach, adding to the appeal of this well-connected neighbourhood.
Whether you're taking your first step onto the property ladder or looking for a home in a convenient location, this attractive semi-detached property is ready to welcome its next owners.
To book A viewing - You can use the brochure link in the full property description in the Rightmove advert or speak to an expert - whatever you need, we're available.
Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.
Property Ownership Information Tenure Freehold Council Tax Band A Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
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FAQ
About 51, Smithburn Road, Gateshead
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