2-bedroom terraced house · NE29 7QG
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** TWO BEDROOM MID TERRACE HOUSE ** FANTASTIC FIRST TIME BUY ** CHAIN FREE ** ** OFF STREET PARKING TO FRONT ** PRIVATE GARDEN TO REAR ** ROAD LINKS TO THE A19 ** ** METRO STATION LESS THAN 0.5 MILE & EASY REACH TO NORTH SHIELDS TOWN CENTRE ** ** SOME COSMETIC UPDATING REQUIRED ** COUNCIL TAX BAND A ** ENERGY RATING TBC ** ** FREEHOLD ** Hallway - Double glazed entrance door, stairs to the first floor landing, radiator.
Kitchen - 3.20 x 1.87 (10'5" x 6'1") - Fitted with wall and base units with work surfaces over, integrated oven and hob, double glazed window and radiator.
Lounge - 4.03 x 3.96 (13'2" x 12'11") - Double glazed French doors leading out to the rear garden, fireplace, storage cupboard and radiator. Landing - Access to bedrooms and bathroom.
Bedroom 1 - 3.85 max x 3.94 max (12'7" max x 12'11" max) - Double glazed window, cupboard and radiator. Bedroom 2 - 3.43 x 2.40 (11'3" x 7'10") - Double glazed window, radiator.
Bathroom - 2.69 x 1.48 (8'9" x 4'10") - Bath with shower over, WC and wash hand basin, double glazed window, part tiled walls.
External - Externally there is a garden to the front which has space for off street parking and a garden to the rear which is laid to lawn.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor, variable in-home O2-Good outdoor and in-home Three-UK-Good outdoor, variable in-home Vodafone-Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Value & comps
No previous sales on record.
Returns
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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.
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