2-bedroom terraced house · NE6 4UJ
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• TWO BEDROOM MID TERRACE HOUSE • OFF STREET PARKING TO FRONT • CHAIN FREE • • BUS SERVICES DIRECT TO NEWASTLE CITY CENTRE AND WALLSEND TOWN CENTRE • FREEHOLD • • NEARBY SCHOOLS • EXCELLENT ROAD LINKS • IDEAL FIRST TIME BUY • GOOD SIZE REAR GARDEN • • COUNCIL TAX BAND A • ENERGY RATING C • Entrance Lobby - Double glazed composite entrance door, stairs to the first floor landing, laminate flooring.
Lounge - 4.01 x 3.91 (13'1" x 12'9") - Double glazed windows, firelpace with electric fire, laminate flooring, radiator.
Kitchen - 4.98 x 1.91 (16'4" x 6'3") - Wall and base units with work surfaces over and sink unit, double glazed window, storage cupboard, radiator and external door to the rear garden.
Landing - Access to bedrooms and bathroom. Bedroom 1 - 3.92 to robe x 2.93 (12'10" to robe x 9'7") - Double glazed windows, built-in sliding door wardrobe, laminate flooring, radiator.
Bedroom 2 - 3.03 x 3.00 (9'11" x 9'10") - Double glazed window, laminate flooring, radiator.
Bathroom - 2.02 x 1.79 (6'7" x 5'10") - Bath with shower over, WC and wash hand basin, tiling to walls, double glazed window, radiator.
External - Externally the front garden is paved and provides space for off street parking. There is a good size garden to the rear which is paved for low maintenance and has a shed for storage.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor and in-home Three-UK-Good outdoor and in-home Vodafone-Good outdoor and in-home 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.
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
FAQ
About Fossway, Newcastle Upon Tyne
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