2-bedroom semi-detached house · ST5 6NE
Listing removedListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A traditional two bedroom semi detached house, centrally positioned within a popular district of town being situated on a quiet no through road and ideally located within walking distance of shops and amenities.
The property has a pleasant character feel, with feature fireplaces and attractive dining kitchen with a spacious bathroom to the first floor.
It also enjoys a wide plot frontage offering potential for side extension or off-road parking (subject to any necessary planning consent).
Accommodation: – Entrance hall with tiled floor and staircase. Door to living room with gas fire housed in an ornate cast-iron fireplace having stone surround and marble hearth.
Window to front, under stair store and door to the family dining kitchen. Pleasantly fitted with base/wall units and wood work surface having enamel sink with hose tap.
Fitted electric oven/grill, gas hob with extractor and provision for washing machine. The kitchen enjoys a dual aspect outlook to side and rear with further rear access door opening to the garden.
First floor landing, with side window and loft access. There are two good size double bedrooms both retaining original ornate cast-iron fireplaces, with window to either front or rear.
The bathroom is fitted with tiled walls and a classic style suite incorporating clawfoot bath with shower attachment and separate mains shower, wash basin and WC.
There is an airing cupboard which houses a combination central heating boiler.
The property stands on a slightly splayed plot with good road frontage and beech hedge screening with central pathway to front door.
There is lawn area to front and side with further lawn area and patio to rear with fencing enclosure. EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 2 Farmers Bank, Newcastle
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