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See how verdicts work2-bedroom bungalow · NE5 1BT
Listing removedListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-proportioned two bedroom semi-detached bungalow offers larger than average accommodation, complemented by a generous plot with gardens to three sides and a pleasant outlook to the front.
The property is leasehold and has an EPC rating of D. An entrance hall leads into the sitting room, which enjoys the front outlook, while a conservatory is positioned to the side.
The modern fitted kitchen provides ample space for dining, creating a practical everyday living and dining area. A separate utility area has doors providing access to both the garage and rear yard.
There are two bedrooms together with a modern three-piece shower room comprising a corner shower, WC and pedestal wash hand basin.
Outside, the property occupies a great size plot with gardens extending to the front and side, incorporating lawn, gravel and a raised paved area.
To the rear there is access to the garage and off-street parking, with a driveway providing further practical parking provision. The outdoor space benefits from a south-facing aspect.
The accommodation extends to approximately 63 square metres. Newcastle City Council tax is Band B.
Chapel House is one of the more traditional and established residential areas in the West of Newcastle and lies a short distance from the city centre which can be easily reached via numerous bus routes.
Newcastle provides an excellent array of schooling, cultural and shopping facilities including the Metro Centre and Quayside.
The A69 and A1 trunk roads are also close at hand providing excellent transport links. We understand the property is leasehold with 933 years remaining and a ground rent of £13 per annum.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD250748/8
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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FAQ
About 48, Arnside Walk, Tyne and Wear
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