2-bedroom terraced house · NE17 7LE
Listing removedListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Fantastic opportunity to purchase this spacious two bedroom mid terrace property located in Chopwell.
T%his property offers good size living accommodation with its two reception rooms, the property has been partially refurbished and would be ideal for a first time buyer or investor looking to add to there portfolio.
Located close to local shops, schools, amenities and has excellent bus and road links into Newcastle.
The floorplan comprises Entrance porch, lounge, dining area with open plan into kitchen, rear porch and bathroom. To the first floor two bedrooms.
Further benefits include gas central, double glazing, front garden and rear yard. There is no onward chain.
Council Tax Band: A Tenure: Freehold Entrance Porch Double glazed entrance door and windows, tiled floor, door into lounge.
Lounge (4.4m x 4.2m) Double glazed front aspect window, fireplace with marble effect inset and hearth with electric fire.
Dining Area (4.1m x 1.7m) Double glazed rear aspect window, double radiator, open plan into kitchen.
Kitchen (2.3m x 2.0m) Fitted wall and base units incorporating counter work tops with a single drainer sink unit, built in electric oven, hob with extractor hood over, space for a washing machine, combination boiler, double glazed rear aspect window.
Rear Porch Built in cupboard, door into bathroom and rear yard. Bathroom White three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level w.c.
Partly tiled walls, heated towel rail, double glazed rear aspect window. First Floor Landing Access to roof space Bedroom One Double glazed front aspect window, single radiator.
Bedroom Two Double glazed rear aspect window, double radiator. Front Garden Mainly paved with fenced boundaries and gate access. Rear Yard Mainly paved with fenced boundaries and gate 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
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FAQ
About 17, Ravenside Terrace, Newcastle upon Tyne
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