2-bedroom terraced house · NE28 7PR
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within this popular and well-established residential location, this beautifully presented mid-terraced house offers an appealing combination of character, modern living and practical accommodation.
The property is ideally suited to a wide range of buyers, including first-time purchasers, professionals, couples and those looking to downsize, while also representing an excellent opportunity for anyone seeking a home that is ready to move straight into.
Conveniently positioned for access to a range of local shops and everyday amenities, the property also benefits from excellent transport links.
The nearby A19 provides convenient commuter access to surrounding towns and cities, as well as further afield, making the location particularly attractive to those who need to travel for work or leisure.
Upon entering the property, an entrance lobby leads through to the welcoming hallway.
To the front of the house is the beautifully presented lounge, a warm and inviting space with plenty of natural appeal.
A recess within the chimney breast houses a log burner-style stove, creating an attractive focal point and adding a cosy ambience to the room, making it an ideal space in which to relax and unwind.
To the rear is the impressive dining kitchen, which provides a sociable and practical heart to the home.
The kitchen is fitted with a range of modern wall and base units, complemented by built-in cooking appliances and useful preparation and storage space.
There is ample room for a dining table and chairs, making this an ideal area for everyday family life as well as entertaining guests.
From the dining kitchen, there is open access into a useful utility area, providing valuable additional space for household appliances and storage while helping to keep the main kitchen area uncluttered.
Completing the ground floor is the modern family bathroom, fitted with a contemporary white suite comprising a bath with shower facility over, wash hand basin and WC.
Moving upstairs, the first floor provides two well-proportioned double bedrooms.
Both rooms offer comfortable accommodation and provide flexibility for bedrooms, home working or occasional guest use depending on the requirements of the new owner.
A separate WC adds further convenience to the first floor.
Externally, the property benefits from a rear courtyard, providing a pleasant outdoor space that can be enjoyed for sitting out, entertaining or simply adding a selection of pots and planters.
A must see ready to move into home.
EPC Rating: D Lounge (4.12m x 3.75m) Dining Kitchen (5.15m x 2.76m) Utility Room (1.78m x 1.76m) Bathroom (1.68m x 1.43m) Bedroom One (5.26m x 3.61m) Bedroom Two (3.21m x 2.35m) Property Information Local Authority: Northumberland Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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.
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FAQ
About 121 Richardson Street, Wallsend
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