We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom semi-detached house · NE28 8PX
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** CHAIN FREE ** WESTERLY FACING REAR GARDEN ** TWO DOUBLE BEDROOMS ** ** SEMI DETACHED HOUSE ** SOME UPDATING REQUIRED ** OFF STREET PARKING ** ** OPEN PLAN KITCHEN DINER ** POPULAR LOCATION ** FREEHOLD ** ** CLOSE TO LOCAL AMENITIES, SCHOOLS AND TRANSPORT LINKS ** COUNCIL TAX BAND B ** ** ENERGY RATING TBC ** Entrance - Double glazed door opening into ..
Hallway - Wood effect flooring, stairs to first floor, access to lounge and kitchen diner.
Lounge - 4.46 max x 3.39 (14'7" max x 11'1") - Double glazed bay window, radiator, wood effect flooring, feature fireplace and decorative coving.
Kitchen - 2.93 x 2.00 (9'7" x 6'6") - Fitted with range of base and wall units with complimentary worksurfaces, sink unit, space for cooker, plumbed for washing machine, part tiled walls and tiled floor, double glazed door to rear garden.
Dining Area - 3.03 x 2.99 min (9'11" x 9'9" min) - Double glazed bay window, radiator, understairs cupboard and cupboard housing boiler. Stairs To First Floor - Access to..
Landing - Access to bedrooms and bathroom Bedroom 1 - 4.47 x 3.40 (14'7" x 11'1" ) - Double glazed bay window, radiator, cupboard, picture rail and decorative coving.
Bedroom 2 - 3.40 x 3.24 (11'1" x 10'7" ) - Two double glazed windows, radiator and laminate flooring.
Bathroom - 2.32 x 1.76 (7'7" x 5'9" ) - Double glazed window, lader styukle radiator, part tiled walls, bath with overhead shower, WC and wash hand basin set in vanity unit.
External - To the front there is a low maintenance garden, space for off street parking and side gate to rear garden.
To the rear there is a Westerly facing garden with shed, lawn and fenced perimiter.
Para - Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor, variable in-home O2- Good outdoor, variable in-home Three - Good outdoor Vodafone - Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional. This information must be confirmed via your surveyor and legal representative.
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 Grasmere Road, Wallsend
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