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See how verdicts work3-bedroom house · NE10 8HX
Listing removedListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Located in a popular residential area, this deceptively spacious three bedroom terraced house is ideally situated close to local shops, bus routes, schools and Oliver Henderson Park, making it an excellent choice for families.
The property benefits from gas central heating, UPVC double glazing, a boarded loft with skylights, gardens and off road parking.
The accommodation comprises an entrance porch, lounge, kitchen, three bedrooms and a wet room.
A loft ladder provides access to the boarded loft space, offering useful additional storage or flexible use, subject to any necessary consents.
Externally, there is a garden to the front, while the rear garden provides off road parking.
This well positioned home offers generous accommodation and convenient access to a range of local amenities and transport links.
Council Tax Band: A Tenure: Freehold Entrance Porch UPVC double glazed windows and door Lounge (5.0m x 5.2m) UPVC double glazed window, radiator, open plan staircase, second radiator, under-stairs cupboard Kitchen (5.0m x 2.1m) Fitted wall and base units, electric hob with extractor over, built in electric oven, space for automatic washing machine one and a half bowl sink and drainer, UPVC double glazed window and door with side panel Bedroom One (3.6m x 3.1m) UPVC double glazed window, radiator Bedroom Two (3.1m x 3.1m) UPVC double glazed window, radiator, loft access with ladder to the loft Loft Boarded with skylights Bedroom Three (2.3m x 2.6m) UPVC double glazed window, radiator, built in cupboard External Garden to the front and a flagged rear garden with double gates for off road parking
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.
Area
Agent & docs
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FAQ
About 70, Coverdale, Gateshead
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