2-bedroom house · NE23 7AG
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to present this well-positioned semi-detached home located on Fern Drive.
Ideally situated close to a range of local amenities, excellent transport links, reputable schools, and major road networks, this property is perfectly suited to first-time buyers, small families, or investors alike.
The accommodation briefly comprises an entrance hallway, a bright and comfortable lounge, a spacious kitchen/dining area, and a conservatory providing additional living space.
To the first floor are two well-proportioned bedrooms, both benefiting from fitted wardrobes, along with a family bathroom.
Externally, the property offers gardens to both the front and rear, off-street parking, and a separate garage providing excellent storage space.
There is also a built-in external storage cupboard located to the side of the property, housing the utility meters and gas combi boiler, whilst also offering additional shelving storage.
Further benefits include gas central heating and UPVC double glazing throughout. Viewing highly recommended!
Council Tax Band: A Tenure: Freehold Entrance Hall With laminate flooring and central heating radiator.
Lounge (4.79m x 3.36m) This room features a fireplace with an electric fire and alcoves to either side, a central heating radiator, double doors leading through to the dining kitchen, and a double-glazed bay window.
Dining Kitchen (5.76m x 2.25m) Spacious kitchen fitted with a range of wall and base units with complementary work surfaces and inset sink unit.
Features an integrated oven with gas hob and extractor hood, tiled splashbacks, double glazed window, and central heating radiator.
There is space for a freestanding fridge freezer, plumbing for a washing machine, and ample room for a dining table. Doors lead through to the conservatory.
First Floor Landing With double glazed window. Bedroom One (4.17m x 3.00m) With a double glazed window, central heating radiator, and fitted wardrobes fitted into the alcoves.
Bedroom Two (2.73m x 3.09m) With a double glazed window, central heating radiator, and fitted wardrobes fitted into the alcoves.
Bathroom (2.64m x 1.71m) Fitted suite comprising a panelled bath with shower over, wash hand basin set within a vanity unit, and WC. With heated towel rail, tiled walls, and double glazed window.
External Externally, the property offers gardens to both the front and rear, off-street parking, and a separate garage.
There is also a built-in external storage cupboard located to the side of the property, housing the utility meters and gas combi boiler, whilst also offering additional shelving storage.
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 59, Fern Drive, Cramlington
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