2-bedroom terraced house · NE5 4EP
Listing removedListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented modern mid-terraced home offers an excellent opportunity for a wide range of buyers, including first-time purchasers, young families, couples and those looking to down-size.
Combining well-proportioned accommodation with a modern kitchen and bathroom, driveway parking and an enclosed rear garden.
Ideally situated within a popular residential location, the property provides convenient access to a range of local shops, amenities and everyday facilities, whilst also being well placed for transport links and road connections.
The nearby A1 and A69 provide excellent commuter routes to surrounding towns and cities, as well as offering access further afield.
Upon entering the property, you are welcomed into a useful entrance hallway which provides access to the principal ground floor accommodation and benefits from a convenient downstairs WC, a particularly practical addition for modern family living.
The beautifully presented lounge is positioned to the rear of the property and provides a comfortable and inviting space in which to relax and unwind.
The room enjoys a pleasant outlook over the rear garden, with patio doors providing direct access onto the paved patio and garden beyond.
This creates a lovely connection between the indoor and outdoor living spaces and is particularly ideal during the warmer months when entertaining family and friends.
To the front aspect, the modern kitchen offers an attractive range of wall and base units, complemented by built in cooking appliances.
There is also designated space for a washing machine and freestanding fridge/freezer, providing a practical and functional kitchen space suitable for everyday use.
To the first floor, there are two generously proportioned double bedrooms, both offering space for a range of furniture configurations.
The bedrooms provide comfortable and versatile accommodation, with the second bedroom also lending itself well to use as a guest room, home office or nursery if required.
Completing the first floor is the modern family bathroom, fitted with a suite incorporating a bath with a mains-fed shower positioned over, providing both bathing and showering facilities.
Externally, the property benefits from a driveway to the front, providing valuable off-street parking. To the rear is a particularly attractive generously sized enclosed garden.
A substantial paved patio seating area creates an ideal spot for outdoor dining and enjoying the garden during the summer months, with the remaining garden space offering scope for a variety of uses.
Early viewing is highly recommended of this ready to move into home.
EPC Rating: B Lounge (4.57m x 4.03m) Kitchen (2.80m x 2.52m) Bedroom One (4.05m x 3.59m) Bedroom Two (4.02m x 2.69m) Bathroom (2.25m x 1.81m) Property Information Local Authority: Newcastle Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
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FAQ
About 36 Lazonby Way, Newcastle Upon Tyne
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