2-bedroom bungalow · NE28 9YE
Sold STCListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• SOUGHT AFTER LOCATION • TWO BEDROOM SEMI DETACHED BUNGALOW • CHAIN FREE • • SPACIOUS SUN ROOM TO REAR • MODERN REFITTED SHOWER ROOM • GARAGE & PARKING • • LOVELY WESTERLEY ASPECT GARDEN TO REAR • BUS SERVICES TO WALLSEND TOWN CENTRE • • EXCELLENT ROAD LINKS • FREEHOLD • COUNCIL TAX BAND B • ENERGY RATING TBC • Porch - Double glazed entrance door with windows to the side, laminate flooring, double glazed door leading into the property.
Hallway - Radiator, access to kitchen & lounge.
Kitchen - 2.71 x 2.31 (8'10" x 7'6") - Fitted with wall and base units with work surfaces over and sink unit, integrated oven and hob, double glazed window and tiling to floor.
Lounge - 5.35 x 2.97 (17'6" x 9'8") - Double glazed bow window, fireplace with electric fire, radiator.
Inner Hallway - Storage cupboard, access to the loft which is boarded, has pull down ladders and lighting.
Shower Room - 2.91 max x 1.59 min x 1.53 (9'6" max x 5'2" min x - Comprising; shower cubicle, WC and wash handbasin with built-under storage, double glazed window, tiling to walls, ladder style radiator.
Bedroom 1 - 3.59 x 2.97 (11'9" x 9'8") - Fitted wardrobes, radiator and double glazed sliding doors leading into the sun room. Bedroom 2 - 2.70 x 2.42 (8'10" x 7'11") - Double glazed window, radiator.
Sun Room - 5.41 x 2.05 (17'8" x 6'8") - Double glazed windows, spot lights top ceiling, door to the garage and double glazed French doors leading out to the rear garden.
Garage - 5.81 x 2.62 (19'0" x 8'7") - Up and over door, lighting and pow points. External - Externally there is a garden to the front together with a block paved driveway.
There is a lovely westerly aspect garden to the rear which has lawn and planted beds.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor, variable in-home O2-Good outdoor and in-home Three-UKGood outdoor Vodafone-Good outdoor, variable in-home 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 Chelford Close, Wallsend
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