2-bedroom bungalow · NE5 1TF
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2952387.
Available now Situated in the ever-popular residential area of Chapel Park, this beautifully refurbished and fully furnished two-bedroom end-terrace bungalow offers stylish, single-level living in a highly convenient location.
The property is ideally positioned within walking distance of Aldi, Morrisons, Co-op, Greggs, local shops and everyday amenities.
A bus stop is located directly outside the property, providing convenient public transport links to Newcastle City Centre and surrounding areas, while the nearby A1 offers excellent access for commuters.
The accommodation briefly comprises an entrance porch leading into a welcoming hallway with loft access, a bright and spacious lounge furnished with a comfortable sofa, dining table and chairs, coffee table, lamp and a large wall-mounted television.
The contemporary fitted kitchen is fully equipped with modern units and appliances, providing ample storage and workspace. There are two well-proportioned bedrooms.
The principal bedroom benefits from a double bed and extensive fitted wardrobes, while the second bedroom is furnished with a single bed, making it ideal as a guest room, child's bedroom or home office.
The modern shower room features a generous walk-in shower and contemporary fittings. Externally, the property enjoys front and rear gardens, a detached garage, and convenient on-street parking.
Additional benefits include: Fully furnished Gas central heating Double glazing throughout Front and rear gardens Detached garage Bus stop immediately outside the property Walking distance to Aldi, Morrisons, Co-op, Greggs and other local amenities Excellent access to the A1 and Newcastle City Centre Quiet and sought-after residential location Viewing is highly recommended and strictly by appointment.
Summary & Exclusions: - Rent Amount: £950.00 per month (£219.23 per week) - Deposit / Bond: £950.00 - 2 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 14 July 2026 - Maximum number of tenants is 1 - Students welcome to enquire - Smokers considered - Bills not included - Property has parking - Property has garden access - EPC Rating: C If calling, please quote reference: 2952387 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Greenway, Chapel Park, Newcastle Upon Tyne
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