2-bedroom semi-detached house · NE40 3HR
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sold with no onward chain - located on the popular Runhead Estate in Ryton, this two bedroom semi-detached property offers comfortable living space ideal for first-time buyers, couples, small families or investors alike.
The property benefits from a practical layout with a bright open feel and a well-appointed kitchen diner.
The property is entered via an entrance area which provides access into the main living accommodation. The lounge is a welcoming space positioned to the front of the property.
To the rear is a kitchen diner, fitted with a range of wall and base units providing ample storage and worktop space.
The kitchen incorporates an integrated oven with hob, set within a tiled alcove with complementary splashback tiling.
A stainless steel sink unit is positioned beneath the window allowing natural light into the space. A breakfast bar with wood-effect work surface creates a practical dining.
From the kitchen there is access to a side area which provides additional practical space and leads to a useful storage cupboard, a downstairs W.C, and a separate utility room, offering further appliance space and additional storage.
To the first floor, the property boasts two double bedrooms both with inbuilt storage. Bedroom two has views over the garden.
The bathroom has a bath, electric shower & hand wash basin, in a separate room there is w.c. Externally, the property to the front boasts a yard area and a wrap around elevated garden which is lawned.
Runhead Estate is a popular residential area in Ryton, well placed for local amenities including shops, schools, cafés and leisure facilities within the village centre, as well as nearby green spaces and countryside walks.
The area also benefits from excellent road links via the A694 and A1 providing easy access to Newcastle, Gateshead and the wider region, along with regular local bus services and nearby rail connections at Blaydon.
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. CRA230339/2
Value & comps
No previous sales on record.
Returns
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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 Runhead Estate, Ryton, NE40
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