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See how verdicts work2-bedroom terraced house · NE15 8RY
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic investment opportunity located in Lemington, to the west of Newcastle.
This property offers generously sized rooms throughout, excellent renovation potential, and is available with no onward chain.
Upon entering the property, you are welcomed by a small hallway with stairs directly ahead leading to the first floor. To the left is the first reception room, a bright and spacious area.
On the right is the lounge, which is similar in size to the first reception room and also benefits from a useful built-in storage cupboard.
Both rooms offer flexible living space and can be adapted to suit a variety of needs. The front reception room has previously been used as a third bedroom.
The kitchen is situated to the rear of the property and is accessed from the lounge.
It features a combination of wall and base units and, with some renovation, could be transformed into a practical and functional space for everyday cooking.
From the kitchen, there is access to the side yard.
Ascending to the first floor, there are two generously sized double bedrooms located at the front of the property, both offering ample space for essential bedroom furniture.
To the rear, a small hallway from the landing leads to a versatile room that could be used as a laundry or utility space.
The first floor is completed by the bathroom, which is fitted with a three-piece suite including a bathtub, wash hand basin, WC, and a separate walk-in shower.
While some modernisation is required, the property is currently presented in neutral décor throughout. Contact the West End office today to arrange a viewing.
Tenure: Freehold EPC Rating: D Council Tax Band: A Newcastle Material Information: Built of standard construction Lemington, located approximately 5 miles to the west of Newcastle City Centre, provides fantastic road links across the region, via the A69 to both the city and the West of the country and the A1 western bypass.
Nearby there are a number of local amenities, including a local convenience store and hairdressers and a short drive away there is Chapel House shopping centre where there is a Tesco and a number of other shops and in West Denton there is Morrisons supermarket, Leisure Centre and Library.
Located within the admission areas of many primary and secondary schools within 3 miles.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: D.
Tenure: Freehold, Lounge 4.53m x 3.99m (14'10" x 13'1") Dining Room 4.1m x 3.99m (13'5" x 13'1") Kitchen 2.91m x 2.29m (9'7" x 7'6") Bedroom One 4.53m x 3.99m (14'10" x 13'1") Bedroom Two 3.58m x 3.09m (11'9" x 10'2") Bathroom 2.01m x 3.11m (6'7" x 10'2")
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 advisers 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 Montague Street, Lemington, Newcastle upon Tyne, NE15
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