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 work2-bedroom terraced house · NE17 7LD
For saleListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain, this two-bedroom mid-terraced property presents an excellent opportunity for investors or buyers looking for a renovation project.
Requiring modernisation throughout, the property offers fantastic potential and could achieve an attractive rental return once improved.
The accommodation briefly comprises an entrance opening directly into a spacious living room with stairs leading to the first floor.
A small inner hallway provides useful built-in storage and leads to the fully tiled ground floor bathroom, fitted with a three-piece suite and an electric shower over the bath.
To the rear is the part-tiled kitchen, fitted with a range of wall and base units, an electric oven and hob, with all remaining appliances included in the sale.
The kitchen also provides access to the enclosed rear yard. To the first floor, the landing benefits from additional built-in storage and leads to two generous double bedrooms.
Bedroom one was originally configured as two separate bedrooms and could easily be reinstated, offering the potential to create a three-bedroom home (subject to any necessary consents).
Bedroom two houses the recently installed boiler. Externally, the property benefits from a small lawned front garden with shared gated access to the pedestrian street.
To the rear is an enclosed private yard, providing low-maintenance outdoor space. Please note: The property is situated within a Selective Licensing area designated by Gateshead Council.
Any purchaser intending to let the property should make their own enquiries with Gateshead Council regarding the licensing requirements and associated costs.
Hollings Terrace is situated within the semi-rural village of Chopwell, which is 4.8 miles from the centre of Rowlands Gill, 12.5 miles from Newcastle town centre, 10.5 miles from the A1(M), 9.3 miles from Newcastle International Airport and 3.6 miles from Prudhoe Railway Station.
There are local bus services serving the village.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QCO260292/2
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Hollings Terrace, Chopwell, Newcastle upon Tyne, Tyne and Wear, NE17
Explore nearby