3-bedroom bungalow · NE39 1AY
Sold STCListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An immaculate three-bedroom attic style bungalow with a renovated upstairs and with stunning countryside views, which has been meticulously upgraded over the years by the current owners.
A bright and spacious entrance hallway with parquet flooring welcomes you into the property, featuring a convenient downstairs WC and clever under-stair utility storage.
The living room enjoys a beautiful bay window with breathtaking countryside views.
To the rear, the modern open-plan kitchen and family area provide versatile living space, incorporating a dining area and a comfortable lounge with bi-fold doors opening onto the garden, creating an ideal space for entertaining and family life.
Completing the ground floor is a generous double bedroom with an en-suite shower room.
Upstairs, there are two further bedrooms accessed from the landing, both benefiting from useful eaves storage, along with a stylish family bathroom fitted with a shower over the bath.
Externally, the front of the property boasts a manicured lawn, attractive stone landscaping and a paved driveway providing off-road parking with access to the garage.
To the rear, the garden is a true oasis, featuring a lawn, decked and paved seating areas, with side access, electric points and water tap.
Situated with beautiful country walks right on the doorstep, this exceptional home offers the perfect blend of modern living and peaceful countryside surroundings.
The property has been thoughtfully maintained and enhanced by the current owners, with improvements including a recently installed new roof, offering added peace of mind for prospective buyers.
If you would like to make an Offer: Please note that Target Property NE will immediately notify the seller when any offer is made on this property.
At the same time for Anti-Money Laundering legislation (AML), identity checks and proof of purchase funding including but not limited to, passport or driving licence with a utility bill showing current address, a mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including applicable selling agent and solicitor is required.
Tenure: Target Property NE are not able to fully confirm the tenure of the property, because it is not always possible to see the relevant documentation prior to putting the property up for sale.
Prospective buyers must always make appropriate and further enquiries with their own legal adviser.
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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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 Thornley Lane, Rowlands Gill, Gateshead
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