2-bedroom terraced house · NE23 8BS
Listing removedListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic opportunity to purchase a modern two bedroom home in a super location. This Bellway built home is available on a SECTION 106 AFFORDABLE HOMES SCHEME, please contact us to check the criteria.
The property is a super home with some great features, there are two spaces for off street parking providing convenience and ease.
Internally the property is beautifully presented with an attractive living room with french doors opening to the garden, an attractive fitted kitchen and a ground floor w/c.
The first floor provides two double bedrooms and a family bathroom. Externally there are two parking spaces and side access to a good sized garden with a raised decking area for summer dining.
The development is well placed for local travel routes to Newcastle and the coast and Cramlington offers a wide range of amenities, shops and restaurants.
A great opportunity to live in a modern home in a great location within Cramlington.
Council Tax Band: B Tenure: Freehold Entrance hallway Living Room 4.0m x 3.73m Kitchen W/C Landing Bedroom 1 2.8m x 3.71m Bedroom 2 2.67m x 3.65m Bathroom External
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 Fairhaven Way, The Fairways, Cramlington, Northumberland, NE23 8BS
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