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See how verdicts work3-bedroom bungalow · NE48 2JS
Listing removedReduced £50k (−10%) on 21 JunListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Location, location, location. An astonishingly spacious detached bungalow with river frontage and exclusive fishing rights, set within a secluded private plot extending to over one acre.
It is hard to believe you are literally in the heart of Bellingham.
A sweeping tree-lined driveway, several metres in length, immediately suggests you are approaching something special – and you will not be disappointed.
The property offers three generous bedrooms, all with ensuite facilities, while the principal bedroom also benefits from a dressing room (formerly a fourth bedroom).
The impressive living room features a striking floor-to-ceiling brick fireplace with inset cast-iron wood-burning stove.
Opposite, full-width windows maximise the wonderful outlook, with French doors opening onto the patio and garden.
Twin interconnecting doors lead to the 22-foot breakfasting kitchen, refitted in recent years with a comprehensive range of contemporary wall and base units, integrated cooking appliances and solid wood worktops.
Completing the internal layout is a welcoming 15ft x 10ft reception hallway. The former garage has been converted into a practical utility room.
Externally, the property continues to impress with several additional buildings including a detached timber cabin suitable for a variety of uses such as a home office, guest accommodation or games room, a large timber storage shed, and a greenhouse with attached shed.
Particularly noteworthy is the spa room, featuring twin double French doors and housing a sauna, while the surrounding decking area incorporates a sunken hot tub.
Further benefits include solar panels, double glazing and oil-fired radiator central heating, contributing to an economical home to run.
The property would make an ideal main residence, but will also appeal to those seeking a second home or holiday let opportunity, with potential to reconfigure the layout to create a self-contained secondary dwelling.
We reiterate that the setting is second to none and will undoubtedly appeal to purchasers looking for a truly special home.
Internal dimentions Kitchen/Dining Room: 22’10 max x 9’6 max (6.96m x 2.90m) Sitting Room: 21’7 max 14’1 max (6.58m x 4.29m) Utility: 14’0 L shaped x 10’8 max (4.27m x 3.25m) Reception Hall: 15’2 max 7’0 max (4.62mx 2.13m) Bedroom One: 9’6 max x 13’6 max (2.69m x 2.36m) Dressing Room/Bedroom Four: 8’10 max x 7’9 max (2.69m x 2.36m) Bedroom Two: 12’1 max x 9’8 plus door recess (3.68m x 2.95m) Ensuite: 5’7 max 7’6 max (1.70m x 2.29m) Bedroom Three 12’0 max x 10’6 max (3.66m x 3.20m) Ensuite: 6’3 max 5’7 max (1.91m x 1.70m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Oil & Solar Panels Broadband: Fibre to premises Mobile Signal Coverage Blackspot: No Parking: Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights Public rights of way through the property?
Yes Public footpath between bottom of garden and river Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser council tax band: E EPC rating: B
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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