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See how verdicts work4-bedroom detached house · NE29 9HG
Listing removedListed 217 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated at the end of the cul-de-sac on Heybrook Avenue, Preston Grange a FOUR BEDROOM DETACHED HOUSE enjoying a LARGE CORNER PLOT WITH VAST POTENTIAL TO UPGRADE AND EXTEND if required.
In need of updating, the property is available with NO ONWARD CHAIN and briefly comprises, to the ground floor; entrance vestibule and hallway, lounge, dining room, kitchen and ground floor shower room/WC.
To the first floor there are four bedrooms and a bathroom/WC. There is a double garage and space to the rear for a utility room, gas central heating and double glazing.
Externally there are gardens to the front, side and rear and a driveway for off street parking. Viewing is essential to appreciate the potential of the property and the plot.
To arrange a viewing call COOKE & CO. Ground Floor Entrance Vestibule Double timber doors with further door leading into the hallway. Hallway Return staircase to the first floor.
Doors lead to the lounge, dining room, kitchen and shower room/WC. Radiator. Additional Hallway Photo Lounge 4.62m x 3.6m Double glazed window to the front. Radiator.
Dining Room 3.7m x 3.45m Double glazed window to the rear. Radiator.
Kitchen 3.6m x 3.05m Fitted with a range of wall and base units, sink unit, gas cooker point, space for a table and chairs. Door to the utility room/rear garage.
Double glazed window to the rear.
Additional Kitchen Photo Ground Floor Shower Room/WC 2.13m x 1.83m Fitted with a shower cubicle, low level WC and wash basin, heated towel rail, double glazed frosted window to the front, radiator.
First Floor Landing Doors lead to the four bedrooms and bathroom/WC. Built in cupboard, double glazed frosted window to the side.
Bedroom One 4.1m x 3.58m Double glazed window to the front. Radiator. Bedroom Two 3.53m x 3.18m Double glazed window to the front. Radiator.
Bedroom Three 3.53m x 2.46m Double glazed window to the rear. Radiator. Bedroom Four 3.25m x 2.18m Double glazed window to the rear, built in cupboard. Radiator.
Bathroom/WC 2.4m x 2.34m Fitted with a panelled bath, separate shower cubicle, low level WC and wash basin, part tiled walls, radiator, double glazed frosted window to the rear.
Utility/Rear Garage Double glazed window and door to the rear. Door to the garage. Sink unit and plumbing for a washing machine.
Garage 7.5m overall x 4.47m - A good size double garage with light and power supply and electric garage door. External The property enjoys a generous corner plot.
To the front there is a driveway leading to the attached double garage and a lawned garden with mature borders.
To the side and rear a great size garden with lawned areas and patio areas with a hedged and fenced boundary.
Additional External Photo Additional External Photo Additional External Photo Front Garden Photo Tenure Freehold Council Tax North Tyneside Council Tax Band D Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage**
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 Heybrook Avenue, Preston Grange, North Shields, NE29
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