2-bedroom terraced house · NE17 7BS
Sold STCListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MAIN DESCRIPTION Belle Vue Estates offer to the sales market this two bedroom mid terrace house located on a pedestrianized street within the popular village of Chopwell.
Briefly comprising entrance lobby, open plan living room, fitted kitchen and a downstairs bathroom. A staircase just off the kitchen leads to the upper floor.
The first floor landing gives access into both bedrooms. Externally the property benefits from a private rear yard and on street parking.
Chopwell is a popular former coal mining village approximately 12 miles from Newcastle city centre.
The area is in close proximity to Chopwell Woods which has numerous walks, cycle and horse riding trails and makes for a lovely family day out.
Wear street is close to local shops and facilities and also has excellent transport links throughout the region.
ENTRANCE LOBBY 4' 4" x 3' 2" (1.321m x 0.977m) Accessed via a traditional style front door which opens into the lobby area giving access into the living room. Newly fitted carpet.
LIVING ROOM 16' 5" x 16' 10" (5.011m x 5.144m) A pleasant reception room with modern fireplace and electric fire.
The room has a double central heating radiator, newly fitted carpets and a double glazed window with fitted blind to the front elevation.
KITCHEN / DINER 15' 11" x 10' 4" (4.860m x 3.174m) A good size kitchen / diner with newly fitted white wall and base units with contrasting work surfaces.
Space for slot in cooker, stainless steel sink and drainer unit and plumbing for a washing machine. The kitchen has vinyl flooring, partially tiled walls and a double central heating radiator.
With shelved alcove, built in cupboard, fitted wall light and ample space for a dining table and chairs. A double glazed window and partially glazed external door both to the rear of the property.
BATHROOM 8' 3" x 5' 5" (2.539m x 1.664m) The bathroom comprises panelled bath with overhead electric shower and glass shower screen, pedestal hand basin and low level WC.
With tiled flooring and partially tiled walls, extractor fan and central heating radiator. A double glazed window with privacy glass and blind to the rear elevation.
FIRST FLOOR LANDING 3' 0" x 3' 8" (0.932m x 1.123m) Carpeted stairs and landing, central heating radiator and access into both bedrooms.
BEDROOM ONE 16' 5" x 7' 10" (5.007m x 2.406m) Located to the front of the property. Newly fitted carpet, double central heating radiator and double glazed window with fitted blind.
BEDROOM TWO 12' 1" x 11' 10" (3.691m x 3.612m) This bedroom has a range of fitted wardrobes which also house a combi boiler.
Warmed by a double central heating radiator, newly fitted carpet and a double glazed window with blind.
EXTERNALLY Externally the property benefits from a private rear yard with two brick built storage sheds and on street parking.
DISCLAIMER These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection.
Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information.
Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order.
Internal measurements are taken as a guide only for prospective purchasers and may not be precise.
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 Wear Street, Chopwell North, Chopwell, Gateshead
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