We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · NE15 8EA
No longer listedListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Loraine Terrace in Lemington, within Newcastle’s popular West End, this well-presented home offers comfortable and versatile accommodation, ideal for professionals, couples, or small families.
The property features a welcoming lounge, a modern kitchen designed for everyday practicality, and generous natural light throughout.
The layout balances warmth and functionality, creating an inviting environment for modern living.
The accommodation comprises well-proportioned bedrooms and a clean bathroom, all presented to a good standard and ready for occupation.
The property benefits from excellent transport links, a range of local amenities, and easy access to nearby green spaces, making it well suited for both commuting and leisure.
This home presents an appealing opportunity to purchase a property combining comfort, style, and location in one of Newcastle’s well-connected residential areas. Sale price: Offers over £210,000.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 11 Loraine Terrace, Lemington, Newcastle upon Tyne
Explore nearby