2-bedroom bungalow · NE9 6XR
Sold STCReduced £15k (−7.7%) on 17 SepListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully Refurbished Two Bedroom Bungalow with South-Facing Garden & No Onward Chain Key Features Beautifully refurbished throughout to a high standard Two well-proportioned bedrooms Modern bathroom plus separate WC Brand new roof South-facing rear garden Versatile annex/outbuilding in the garden Permit on-street parking Spacious and well-presented accommodation Ideal for first-time buyers, downsizers or investors No onward chain Property Description Offered to the market with no onward chain, this beautifully refurbished two-bedroom bungalow has been finished to a high standard throughout, creating a stylish and move-in-ready home.
The property offers bright and well-planned accommodation, comprising a welcoming entrance, a spacious living area, a contemporary fitted kitchen, two generous bedrooms, a modern bathroom and the added convenience of a separate WC.
Externally, the home continues to impress with a generous south-facing rear garden, providing the perfect space for relaxing, entertaining or enjoying the sunshine throughout the day.
A detached annex/outbuilding offers excellent versatility and could be used as a home office, hobby room, gym or additional storage, depending on your needs.
The property also benefits from permit on-street parking and a recently replaced roof, giving buyers added peace of mind.
Situated in the popular Sheriff Hill area of Gateshead, the property enjoys easy access to a range of local amenities including supermarkets, independent shops, cafés and healthcare facilities.
There are excellent public transport links into Gateshead and Newcastle city centre, while the nearby A1(M) provides convenient access for commuters.
Families and professionals alike will appreciate the selection of nearby schools, green open spaces and leisure facilities, with the Queen Elizabeth Hospital also within easy reach.
Viewing is highly recommended to fully appreciate the size and potential of this property.
Buyer Process: Our customers use British Homebuyers to either purchase or assist in selling properties quickly and reliably.
Therefore any new applicants to purchase are subject to vetting to ensure they meet strict criteria. Exclusivity Fee: You can secure the purchase by paying an exclusivity fee of £2,000.
This grants the buyer exclusive rights to proceed with the purchase for the duration of the conveyancing process, during which time the seller agrees to remove the property from the market and not negotiate with other parties.
The exclusivity fee is returned to the buyer upon successful completion of the purchase.
A processing fee of £200 is required in order to draw up an exclusive legally binding contract between the buyer and seller.
This agreement sets out the terms of exclusivity and seller commitment but does not constitute an exchange of contracts.
This arrangement provides buyers with reassurance that the property is secured exclusively for them, reducing the risk of gazumping and unnecessary aborted costs.
Disclaimer The particulars are set out as a general outline only for the guidance of intended purchasers and do not constitute, any part of a contract.
Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any of the services, appliances, equipment or facilities are in good working order.
Purchasers should satisfy themselves of this prior to purchasing. The photograph(s) depict only certain parts of the property. It should not be assumed that any contents/furniture etc.
Photographed are included in the sale. It should not be assumed that the property remains as displayed in the photograph(s).
No assumption should be made with regard to parts of the property that have not been photographed.
Any areas, measurements, aspects or distances referred to are given as a guide only and are not precise. If such details are fundamental to a purchase, purchasers must rely on their own enquiries.
Descriptions of the property are subjective and are used in good faith as an opinion and not as a statement of fact.
Please make further inquiries to ensure that our descriptions are likely to match any expectations you may have.
Lounge (3.87m x 3.8m) Kitchen (3.03m x 3.8m) WC (0.75m x 1.25m) Bedroom One (3.64m x 3.74m) Bathroom (1.66m x 1.71m) Bedroom Two (3.03m x 3.3m)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 67, Southend Road, Tyne and Wear
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