3-bedroom terraced house · NE23 1PT
Listing removedListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculately presented, larger style, three bedroomed link villa pleasantly situated, facing west at the rear, in a cul de sac close to Burnside Primary School and the neighbourhood shops at Brockwell.
The property, decorated to a high standard throughout, has a newly fitted with integral appliances, double glazed windows, gas fired combi central heating, Amtico flooring through the main living rooms, hard landscaped gardens and off street parking as well as a garage in a block.
An ideal home for a first time buyer or young family.
Freehold Council Tax Band A EPC Rating C Entrance Hall Radiator, built in cupboard Living Room 4.37m (14'4") x 3.76m (12'4") Tv point, radiator, double glazed bow window Dining Room - Kitchen 5.31m (17'5") x 3.28m (10'9") Newly fitted range of high gloss base and wall units with soft close drawers and cupboards, colour co-ordinated sink unit with two bowls and mixer tap, split level cooker with Neff induction hob ( glazed splash guard and concealed cooker hood ), integrated Bosch dishwasher and washing machine, fridge/freezer, concealed Main Eco gas fired combi central heating boiler, recessed ceiling lights, French doors to the rear garden.
* Amtico flooring through the living areas First Floor - Landing Built in cupboard, loft hatch with foldway ladder to partly boarded roof space Bedroom One 3.66m (12'0") x 3.15m (10'4") Radiator, tv point, built in wardrobes Bedroom Two 3.15m (10'4") x 2.69m (8'10") Radiator Bedroom Three 2.57m (8'5") x 2.29m (7'6") Bathroom White suite of panelled bath with mains shower over and glazed screen, wash basin and wc set in vanity unit, ladder radiator, fully tiled walls, lined ceiling with recessed lights.
Externally Hard landscaped gardens to front and rear. The front block paved with space for two cars. The rear is hard landscaped, west facing and screened by timber fencing.
Garage in block at the rear Tenure Freehold
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.
Area
Agent & docs
FAQ
About Tiverton Place, Parkside Grange, Cramlington
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