We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NE28 0HL
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** SOUTH WEST FACING REAR GARDEN ** THREE BEDROOM END TERRACE HOUSE ** ** GREAT FIRST TIME BUY ** DOWNSTAIRS WC ** GARAGE AND DRIVEWAY PARKING ** ** COUNCIL TAX BAND A ** CLOSE TO LOCAL AMENITIES, SCHOOLS AND MAJOR ROAD LINKS ** ** ENERGY RATING TBC ** TYNEMOUTH BEACH 3.8 MILES ** TYNE TUNNEL 1.3 MILES ** FREEHOLD ** ** SILVERLINK RETAIL PARK 15 MINS WALK OR 1.6 MILES BY CAR ** Entrance Porch - Composite entrance door and double glazed windows, tiled floor.
UPVC door into the hallway. Hallway - Staircase to the first floor. Radiator. Door to the lounge. Understairs Storage cupboard. Lounge - 4.22m x 3.73m - Feature fireplace.
Triple glazed window to the front, radiator, open through to dining room. Dining Room - 2.82m x 2.49m - Double glazed window to the rear, radiator, opening to the kitchen.
Kitchen - 3.61m x 2.36m - Fitted with a range of wall and base units. Sink unit. Double glazed window to the side and rear.
Space and plumbing for a dishwasher, cooker, tile effect flooring and part tiled walls, door to the utility room Utility Room - 2.57m x 2.54m - Double glazed window to the rear and timber door to the side, worksurface, plumbed for washing machine and dryer .
Door leading to the ground floor WC. Cloakroom/Wc - Fitted with a WC and wash hand basin, radiator and double glazed window.
Stairs From First Floor Landing - First Floor Landing - Access to bedrooms, bathroom and loft access. Bedroom 1 - 3.76m x 3.12m - Triple glazed window to the front elevation, radiator.
Bedroom 2 - 3.48m x 2.90m - Double glazed window to the rear elevation, radiator. Bedroom 3 - 2.64m x 2.31m - Triple glazed window to the front elevation, radiator.
Bathroom - 2.44m x 1.45m - Fitted with bath, shower cubicle, WC, wash hand basin. Tiled walls and floor. Two double glazed windows to the rear. Vertical radiator.
Garage - There is a garage to the side with up and over door, and light and power supply. This can also be accessed from rear garden.
External - To the front of the property there is a driveway for off street parking and a small lawned garden. The rear garden is mainly lawned with a patio area and a fenced boundary.
Para - Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2-Good outdoor Three- Good outdoor Vodafone - Good outdoor 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.
Addtional Information From Seller - Loft is part boarded. Currently a smart heating system - all bedrooms and hallway is on smart valves. Cabled to living room and main bedroom for virgin media.
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.
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FAQ
About Melrose Gardens, Howdon
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