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See how verdicts work2-bedroom house · NE15 8RR
Listing removedListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Spacious two bedroom terraced home in the popular area of Lemington, requiring internal decor updating throughout.
Generous accommodation, Ideally located within walking distance to local amenities, making it perfect for a first time buyer looking to get onto the property ladder.
Council Tax Band: A Tenure: Freehold Access Property accessed off of main road into the gated front yard with secure brick perimeter with a UPVC door with opaque glass panels providing access into the entrance lobby.
Entrance Lobby With wood-effect laminate flooring, the space features a spotlight to the ceiling and is warmed via a wall-mounted radiator.
A door leads through to the lounge, with stairs rising to the first floor landing.
Lounge (4.82m x 3.60m) Located to the front of the property, the lounge benefits from continued wood-effect laminate flooring.
A spotlight track is fitted to the ceiling, and the room is warmed via a large wall-mounted radiator. There is ample space for lounge furniture along with a dining table.
A large under-stairs storage cupboard is also present, and a door leads through to the kitchen.
Kitchen (4.74m x 1.84m) Accessed from the lounge, the kitchen features tile-effect vinyl flooring, tiled splashback areas.
Spotlights are fitted to the ceiling, and there is a range of wood-effect wall and base units with chrome fixtures.
Cooking facilities include a four-ring gas hob with an inset oven below and chrome extractor above.
The space is warmed via a wall-mounted radiator and offers space for a large fridge freezer, along with under-bench space for a washing machine and dishwasher.
A Worcester boiler is housed within the kitchen. A UPVC door with an opaque glass panel provides access to the rear yard.
First Floor: Landing Accessed via fully carpeted stairs from the entrance lobby, the landing features spotlights to the ceiling, access to the loft, with doors leading to all first floor accommodation.
Master Bedroom (3.87m x 3.76m) Located to the front of the property, the master bedroom features carpeted flooring.
There are five spotlights to the ceiling, and the room is warmed via a wall-mounted radiator. A large walk-in wardrobe provides excellent storage space.
A large double glazed window with top openers allows for plenty of natural light, and there is ample space for a king-size bed along with additional bedroom furniture.
Bedroom 2 (3.00m x 2.60m) Accessed from the first floor landing, the second bedroom features carpeted flooring, four spotlights are fitted to the ceiling, and the room is warmed via a wall-mounted radiator.
A large double glazed window with top and side openers to the rear elevation provides natural light. There is ample space for a double bed along with additional furniture.
Bathroom (2.04m x 1.84m) Located to the rear of the property, the bathroom features a fully tiled floor and hygienic cladding to the walls and ceiling, complete with three spotlights.
The space is fitted with a three-piece white suite with chrome fixtures and a shower over the bath. An opaque window with opener provides both ventilation and natural light.
Rear Yard Accessed from the kitchen, the rear yard features a large decked area with space for outdoor furniture, enclosed by a secure brick wall perimeter.
There is a door leading to the rear of the garage, along with a gate providing access into the back lane.
Garage (4.40m x 2.32m) Fitted with an electric roller shutter door, the garage provides a generous storage space.
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
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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
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FAQ
About 22 Rokeby Street, Newcastle upon Tyne
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