2-bedroom semi-detached house · NE28 7BY
Sold STCListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GREAT FIRST BUY • SOUTH FACING REAR GARDEN • DRIVEWAY PARKING • FREEHOLD TWO DOUBLE BEDROOMS • PART OF BUILDERS PART EXCHANGE SCHEME • .
HADRIAN ROAD METRO STATION 0.9 MILES • WALLSEND CHURCH OF ENGLAND SCHOOL 0.6 MILES BURNSIDE COLLEGE 0.5 MILES • CONVENIENT ACCESS TO A19, COAST ROAD, SILVERLINK AND COBALT COUNCIL TAX BAND A • ENERGY RATING D Entrance - 1.21 x 0.95 - UPVc door into entrance porch.
Living Room - 5.52 x 3.59 - UPVc double glazed bow window, radiator, decorative coving and stairs to first floor.
Kitchen - 2.62 x 3.59 - UPVc double glazed window, and door to the rear garden, radiator, part tiled walls and tiled flooring.
Fitted with floor and wall units, counters and sink, gas hob, extractor hood and an electric oven. Plumbed for washing machine. Stairs To First Floor - Landing leading to...
Bedroom 1 - 2.66 x 3.59 - UPVc double glazed window, radiator and panelling to wall. Bedroom 2 - 3.04 x 3.59 - UPVc double glazed window, radiator and cupboard.
Bathroom - 1.41 x 2.61 - UPVc double glazed window, and radiator. Part tiled walls and tiled flooring, fitted with a white suite and a shower over the bath. There is a storage cupboard here too.
External - There is a fenced and block paved garden to the rear. It is not overlooked, the Dene is beyond, and it has a southerly aspect. To the front, there is a driveway for private parking.
Views - Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor, variable in-home O2- Good outdoor and in-home Three - Good outdoor and in-home Vodafone - Good outdoor and in-home If you’re struggling to make phone calls indoors, consider using Wi-Fi calling, where your mobile phone uses a broadband connection to make calls and text messages.
We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property. FLOOD RISK: Yearly chance of flooding: Surface water: Very low.
Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Value & comps
No previous sales on record.
Returns
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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.
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About Priors Way, Rosehill
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