3-bedroom terraced house · NE24 4UL
Listing removedListed 243 days
Opportunity summary
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About
With the fairways of the adjacent golf course just a stone's throw away, this exceptional home forms part of the highly regarded Bellway development known for its quality and community feel.
Beautifully presented throughout, the property enjoys a prime position with lovely walks right on the doorstep, making it ideal for families and professionals alike.
The accommodation briefly comprises a welcoming entrance hallway leading to a convenient downstairs WC, and a light and airy lounge that provides the perfect space to relax and unwind.
To the rear, a stunning dining kitchen forms the heart of the home, thoughtfully designed for both everyday living and entertaining, with doors opening directly onto the charming rear garden, creating a seamless connection between indoor and outdoor spaces.
To the first floor, there are three well-proportioned bedrooms, including a principal bedroom with en suite facilities, along with a contemporary family bathroom fitted with a modern suite and WC.
Externally, the property benefits from a delightful rear garden offering an ideal setting for outdoor dining and relaxation, while to the front there is off-street parking for two cars.
Offered with no upper chain, this attractive home presents an excellent opportunity for a smooth and straightforward purchase in a truly desirable location. Offered for sale a 25% shared ownership.
in conjunction with Bernicia Housing Association, who would need to be contacted to ensure any criteria are met by the interested party.
Interest in this property will be high call or email to arrange your viewing. PROPERTY DESCRIPTION: ENTRANCE: UPVC Entrance Door.
ENTRANCE HALLWAY: Single Radiator DOWNSTAIRS CLOAKS/W.C.: low level WC and hand basin LOUNGE: (front): 12'06 x 13'52, (3.67m x 4.12m), double glazed window to front, single radiator and a double radiator, and built in storage cupboard.
KITCHEN/DINING ROOM: 15'53 x 11'18, (4.73m x 3.40m), double glazed window, double radiator, range of wall, floor and drawer units with coordinating roll edge work surfaces, stainless steel sink unit and drainer with mixer tap, electric fan assisted oven, gas hob with extractor fan above, space for fridge freezer, plumbed area for washing machine, spotlights and double glazed patio doors to rear garden.
FIRST FLOOR LANDING AREA LOFT: Pull down ladders FAMILY BATHROOM: 3 piece suite comprising panelled bath, shower over, hand basin, low level WC, single radiator and part tiling to walls.
BEDROOM ONE: (rear): 10'78 x 10'19, (3.28m x 3.10m), double glazed windows to rear, single radiator, and built in cupboard.
EN-SUITE SHOWER ROOM: low level WC, pedestal wash hand basin, single radiator, and shower cubicle.
BEDROOM TWO: (front): 10'07 x 8'04, (3.06m x 2.45m), double glazed window to front and single radiator.
BEDROOM THREE: (front): 6'57 x 7'08, (2.00m x 2.15m), double glazed window to front and single radiator.
EXTERNALLY: to the rear is laid mainly to lawn with patio area, to the font is off street parking.
PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre to Premises Mobile Signal Coverage Blackspot: No Parking: Allocated parking space MINING The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
BUILDING WORKS Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No TENURE Leasehold.
It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 990 years from 2023 Service Charge: £167.73 per annum Any Other Charges/Obligations: Buildings Insurance £158.30 Site Fees £36.00 per year Shared Ownership.
It is understood that this property is Shared Ownership.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Share For Sale: 25% Rent Payable on Remaining Share: £362.83 per month Management Charge: £175.00 COUNCIL TAX BAND: B EPC RATING: B
Value & comps
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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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