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See how verdicts work3-bedroom terraced house · NE38 0PP
Listing removedListed 40 days
Opportunity summary
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About
A well-proportioned three-bedroom terraced home situated on Cleveland Drive in the popular Lambton area of Washington.
Offering generous accommodation across two floors, the property benefits from two reception areas, a separate kitchen, useful utility room, three bedrooms and a spacious family bathroom, together with an enclosed garden to the rear.
The accommodation begins with an entrance hallway leading into the dining room, which provides ample space for a family dining table and incorporates the staircase to the first floor.
From here there is access to the kitchen, fitted with a range of wall and base units, work surfaces and space for appliances.
To the rear is a particularly generous living room, this comfortable reception space features a fireplace and has direct access to the rear garden, making it a practical room for both everyday family living and entertaining.
A separate utility room, provides valuable additional space away from the main kitchen. On the first floor, the landing gives access to all three bedrooms and the family bathroom.
Bedroom One is a good-sized double while Bedroom Two also provides comfortable double-bedroom proportions.
The third bedroom would work well as a child's bedroom, home office or guest room, the family bathroom is fitted with a bath, separate shower enclosure, wash basin and WC.
Externally, the property has an enclosed, low-maintenance rear garden, predominantly laid with paving and decorative gravel, providing space for outdoor seating and entertaining.
To the front is a low-maintenance approach to the property.
The home would benefit from some cosmetic updating and modernisation, giving a purchaser an excellent opportunity to personalise the accommodation to their own taste while making the most of its generous room sizes and practical layout.
With three bedrooms, two reception areas and useful additional utility space, this property should appeal to a range of purchasers, including first-time buyers, families and investors looking for a home in the Washington area Living Room (3.27m x 4.94m, 10'8" x 16'2") Dining Room (2.86m x 4.45m, 9'4" x 14'7") Kitchen (2.87m x 2.55m, 9'4" x 8'4") Utility Room (1.97m x 2.05m, 6'5" x 6'8") Master Bedroom (3.38m x 3.83m, 11'1" x 12'6") Bedroom 2 (3.26m x 3.24m, 10'8" x 10'7") Bedroom 3 (2.90m x 2.38m, 9'6" x 7'9") Bathroom (2.75m x 2.62m, 9'0" x 8'7")
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
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FAQ
About 56, Cleveland Drive, Washington
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