3-bedroom detached house · NE29 9QS
Listing removedListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This cleverly laid out home offers spacious, open plan living, perfect for those looking for their first home, or for those who are ready to downsize.
The kitchen/dining area has a fully equipped L-shaped kitchen with French doors that have full height windows either side, flooding the area with natural light and further extending the living space.
In the lounge there is a large window that fills the room with light and theres plenty of space for the whole family. Theres also an integral garage, creating even more space.
The main bedroom is striking. This space has a dedicated dressing area that links to the en-suite, complete with a shower enclosure, white sanitaryware and stylish Porcelanosa tiles.
All of the bedrooms are double with space for built-in wardrobes and the main bathroom features a double ended bath and separate shower enclosure.
The Butler has an eye-catching exterior featuring a peak with tudor boarding and a front door canopy.
This home comes complete with a block paved driveway too, adding even more character, as well as a paved patio in the turfed rear garden and fencing.
Tenure: Freehold Estimated Council Tax Band: TBC EPC Rating: A Room Dimensions Ground Lounge - 3067 x 4726 [10'-1" x 15'-6"] Kitchen/dining - 4055 x 3679 [13'-4" x 12'-1"] First Main bedroom - 3067 x 5499 [10'-1" x 18'-1"] Bedroom 2 - 2958 x 3840 [9'-9" x 12'-7"] Bedroom 3 - 2837 x 3277 [9'-4" x 10'-9]
Value & comps
No previous sales on record.
Returns
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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 Rake Lane, North Tyneside, NE299QS
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