2-bedroom semi-detached house · NE6 4UA
Sold STCListed 201 days
Opportunity summary
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About
** IDEAL FIRST TIME BUY ** TWO BEDROOM SEMI DETACHED HOUSE ** READY TO MOVE INTO ** ** SOUTH FACING - LOW MAINTENANCE REAR GARDEN ** ALLOCATED PARKING BAY TO REAR ** ** DOWNSTAIRS WC ** BUS SERVICES TO NEWCASTLE CITY CENTRE & WALLSEND TOWN CENTRE ** ** 999 YEAR LEASE ** COUNCIL TAX BAND A ** ENERGY RATING C ** Hallway - Double glazed entrance door, laminate flooring, stairs to first floor landing, radiator.
Cloaks/Wc - 1.65 x 0.88 - Low level WC, wash hand basin, radiator, double glazed window.
Kitchen - 2.90 x 1.87 - Fitted with a range of wall and base units with work surfaces over, integrated oven and hob with extractor hood over, single drainer sink unit, plumbed for automatic washing machine, double glazed window to the front elevation.
Lounge - 4.07 x 4.34 max - Double glazed window to the rear elevation, spot light's to ceiling, storage cupboard, radiator, double glazed French doors opening out to the rear garden.
Landing - Access to bedrooms and bathroom. Bedroom 1 - 4.05 max 2.90 - Double glazed windows to the front elevation, radiator, Bedroom 2 - Double glazed windows to the rear elevation, radiator.
Bathroom - 1.86 x 1.67 - Modern suite comprising bath with shower over, low level WC, wash hand basin, part tiled walls, radiator, double glazed window.
External - Externally there is a small garden area to the front which has railings and artificial grass.
The rear garden has a southerly aspect and is laid with artificial grass and decking area with lights and a power socket. There is also an allocated parking bay situated to the rear of the property.
Lease & Service Charges - The property has a 999 year lease dated from 01/03.2012. Ground rent is £150 per year this is paid twice a year at £75.
There is also an annual service charge which is £239.12.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit 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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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 Wyedale Way, Walkergate
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