2-bedroom bungalow · NE28 9TG
Listing removedListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East welcomes to the market this charming two-bedroom semi-detached bungalow, ideally located on Carnforth Close in Wallsend.
Situated within a popular residential area, the property offers convenient access to a fantastic range of everyday amenities, local schools and green spaces.
Nearby shops, Coastway Shopping Centre and Silverlink Retail Park provide excellent options for shopping, dining and leisure, while superb road and public transport links offer easy access to Newcastle and the wider North East.
The nearby parks and North Tyneside coastline are also perfect for enjoying the outdoors. Entering the property, you are welcomed into a central hallway with access to a useful storage cupboard.
The living room offers ample space for a range of furnishings, with a large window allowing plenty of natural light to fill the room.
A feature fireplace sits at the heart of the space, creating a warm and cosy atmosphere.
The kitchen provides excellent storage via attractive wall and base units, complemented by generous worktop space and integrated appliances, including an oven, hob and fridge freezer.
From here, you can access the conservatory, which provides an additional reception area with space for a dining table and leads into the rear garden through elegant French doors.
Continuing through the property, you will discover two well-proportioned bedrooms, both can comfortably accommodate a double bed alongside additional furnishings.
Completing the accommodation is the bathroom, fitted with a bathtub with overhead shower, wash hand basin and WC.
Externally, this home boasts a generous rear garden, predominantly laid to lawn with a substantial patio area, providing an ideal space for outdoor furniture and entertaining during the warmer months.
To the front, there is a large driveway providing ample off-road parking, alongside a front garden.
Living Room (3.3 x 5.2 (10'9" x 17'0")) Kitchen (3.44 x 2.2 (11'3" x 7'2")) Conservatory (5 x 2.36 (16'4" x 7'8")) Bedroom One (2.46 x 4.2 (8'0" x 13'9")) Bedroom Two (2.6 x 2 (8'6" x 6'6")) Bathroom (1.7 x 1.9 (5'6" x 6'2"))
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
Agent & docs
FAQ
About 4, Carnforth Close, Wallsend
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