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See how verdicts work3-bedroom house · NE33 3DX
For saleReduced £5k (−1.7%) on 14 OctListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delighted to bring to the market this lovely mid link home on this popular development with Georgian styling and the benefit of a single garage set to the rear.
This well cared for and maintained home has some lovely features offering space and size, rare for a modern build.
There is a fitted kitchen and modern styled bathroom with shower over the bath, wardrobes to two of the three bedrooms, a spacious lounge to dining room and useful ground floor cloaks WC.
Outside is a drive to the front, rear patio and lawn with access to the garaging area. The home is double glazed, has ducted air heating and is offered with No Onward Chain.
Entrance Lobby Through to Entrance Hall Stairs to the first floor Cloaks Wc Vanity unit with wash basin, WC Living Room (5.11 x 3.91 (16'9" x 12'9")) Bow window to the front and a fire surround with an electric fire, open through to Dining Room (4.07 x 3.03 (13'4" x 9'11")) French door to the rear garden Kitchen (3.86 x 2.65 (12'7" x 8'8")) A range of oak wall and base units with contrasting work surfaces housing a sink unit, filter hood, integrated fridge and freezer, Amtico floor and tiled walls, built in cupboard housing the Johnson Starley warm air heating boiler, space for a washer First Floor Landing with two built in cupboards Bedroom 1 (4.68 x 3.64 (15'4" x 11'11")) A rang of fitted wardrobes with drawers and dresser unit, built in wardrobe.
Bedroom 2 (3.72 x 3.62 (12'2" x 11'10")) Built in wardrobe Bedroom 3 (3.17 x 2.10 (10'4" x 6'10")) Bathroom (2.21 x 2.06 (7'3" x 6'9")) A three piece suite comprising a shower bath with an electric shower over, wash basin and WC, tiled walls and floor, spot lights Garage A garage in the block to the rear (fourth from the end) with an up and over door.
External Front drive for off street parking whilst to the rear is a garden with lawn, block paved patio and access to the rear garaging area.
Note Freehold Title, This is a small private development complex of homes and apartments, there is a small annual maintenance charge paid to Potts Grey of approximately £250 for the upkeep of communal areas.
Council Tax Band D, Mains Electric and Water Connected, Flood Risk very low. Broadband Basic 15 Mbps, Superfast 52 Mbps, Ultrafast 1000 Mbps.
Satellite/Fibre Tv Availability BT, Sky and Virgin, Mobile Coverage O2, Three and Vodafone likely, EE limited
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
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FAQ
About 4, College Drive, South Shields
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