2-bedroom bungalow · NE23 7UE
Listing removedReduced £50k (−16.7%) on 21 JunListed 231 days
Opportunity summary
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About
A spacious, detached bungalow pleasantly situated, facing south st the rear, in a cul de sac on a well established estate in Annitsford around a mile south east of Cramlington shopping centre, village shops and amenities are within walking distance at nearby Dudley village The property, built originally as a three bedroomed design, has been altered internally to provide a dining room ( could be re-instated ) and has a double glazed conservatory Some modernisation and re- decoration is required.
No onward chain Freehold Council Tax Band C EPC rating tbc Entrance Lobby Entrance Hall, double radiator, large airing cupboard with radiator Living Room (5.49m (18'0") x 3.66m (12'0")) Feature fireplace with fitted living flame gas fire, two double radiators, double glazed doors to: Conservatory (3.05m (10'0") x 2.74m (9'0")) Double glazed, upvc framed on brick base walls Dining Room (3.58m (11'9") x 3.58m (11'9")) Radiator Kitchen - Breakfast Room (3.76m (12'4") x 2.44m (8'0")) Built in base and wall units, stainless steel sink unit, plumbing for washing machine Bedroom One (3.51m (11'6") x 3.12m (10'3")) With bay window, built in wardrobes and storage cupboard, radiator Bedroom Two (3.58m (11'9") x 2.67m (8'9")) Radiator, built in wardrobes Bathroom Panelled bath, washbasin and wc set in vanity unit, shower compartment with mains showers * The gas fired central heating boiler is located in the roof space Externally There are gardens to front, side and rear and a block paved drive with space for several cars.
The gardens are mature and well stocked, the rear being secluded and not overlooked with huge variety of mature shrubs and conifers, paved areas and a secret garden tucked away behind the garage.
There is a detached brick built Garage at the side. Tenure Freehold
Value & comps
No previous sales on record.
Returns
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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 3, Oakley Drive, Cramlington
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