2-bedroom terraced house · NE4 9LQ
Listing removedListed 189 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We welcome to the market with No Upper Chain, this recently refurbished, two bedroom terraced home situated on the very popular Lonnen Avenue, Fenham.
This will appeal to a wide audience from first time buyers, to investors.
The property benefits from a large paved driveway to the front, new fitted kitchen and bathroom and private garden to the rear with side access.
EPC Rating: D Entrance Hall Entrance hall with stairs to first floor and access to lounge Lounge 3.97m x 3.91m Double glazed window and gas fireplace Kitchen 2.15m x 4.5m Double glazed window and door to rear garden.
Recently fitted, modern kitchen with built in storage cupboards. Bedroom One 2.9m x 5.4m Two double glazed windows and two storage cupboards.
Bedroom Two 2.9m x 3.2m Double glazed window to rear Bathroom 2.1m x 2.1m Two double glazed windows. Recently fitted, modern bathroom suite, .
Garden Private enclosed rear garden with patio area and shared side access.
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 Lonnen Avenue, Newcastle Upon Tyne, NE4
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