2-bedroom bungalow · NE23 6BJ
Listing removedListed 428 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A newly renovated, two bedroomed detached bungalow occupying a corner site on this popular residential estate which is situated close to bus stops, within easy reach of the town centre amenities and Alexandra Park.
The property, built originally by Bellway, has been altered internally and improved in recent months to include a brand new fitted kitchen, new interior doors, new flooring, re plastered walls, new shower room and is offered for sale with on upper chain.
Freehold Council Tax Band C EPC Rating E Entrance Hall Open to family room - kitchen Kitchen (2.24m (7'4") x 2.39m (7'10")) Fitted with a brand new range of grey base and wall units with drawers and cupboards, laminate worktops, stainless steel unit with two bowls and mixer tap, built in cooker with gas hob and fan assisted oven, two radiators, recessed ceiling lights Family Dining Room (4.78m (15'8") x 5.28m (17'4")) Bedroom One (3.86m (12'8") x 3.73m (12'3")) Double radiator Bedroom Two (2.82m (9'3") x 2.79m (9'2")) Built in wardrobe, radiator Shower Room Walk in shower enclosure with lined walls, glazed shower screen, fitted rain shower with flexible spray, wash basin in vanity unit, low level wc chromium ladder radiator, recessed ceiling lights Attached Garage With up and over door, wall mount Baxi gas fired combi central heating boiler, electric light and power point.
Externally The property occupies a corner site in a cul de sac. To the front of the house there is a lawned area gravelled borders and newly laid driveway with space for two cars.
A side entrance leads to the rear garden, which has a terrace with lawn and paved area, screened on three sides by brick walls and timber fencing Tenure Freehold
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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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 83, Hareside, Cramlington
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