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 work3-bedroom house · NE5 3QF
Listing removedListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A deceptively spacious 3 bed Semi-detached home with en-suite, ground floor WC, Kitchen/diner with integrated appliances, expansive rear garden and tandem length driveway.
Vacant and ready to move straight into.
Council Tax Band: B Tenure: Freehold Access The property is accessed directly from the road onto a tandem-length driveway providing off-street parking for multiple vehicles.
A pathway leads to the UPVC front entrance door.
Entrance Hallway Carpeted flooring, neutral décor to the walls, three spotlights and a smoke detector to the ceiling, warmed via a wall-mounted radiator with trv.
A door leads to the ground floor WC, another provides access to the lounge, and stairs rise to the first-floor accommodation.
WC Lvt flooring, half-height tiled walls with neutral décor to the remaining walls, warmed via a wall-mounted radiator with trv, electrical consumer unit and mechanical ventilation to the wall, fitted with a white WC and wash hand basin with chrome mixer tap.
Two spotlights to the ceiling.
Lounge Located to the front of the property with carpeted flooring, neutral décor to the walls, pendant light fitting to the ceiling and warmed via a wall-mounted radiator.
A large double glazed window with top openers provides natural light and ventilation. There is ample space for lounge furniture, and a door leads through to the kitchen/diner.
Kitchen / Diner Accessed via the lounge with lvt flooring, neutral décor to the walls, spotlight track to the ceiling and warmed via a wall-mounted radiator with trv.
Fitted with a range of cashmere wall and base units incorporating integrated appliances including a fridge freezer, washing machine, dishwasher, Zanussi oven with matching four-ring gas hob and chrome extractor hood above.
There is a stainless steel sink with chrome mixer tap, Ideal Logic boiler, generous under-stair storage cupboard, ample space for a dining table and chairs, a double glazed window and double glazed French doors providing access to the rear garden.
First Floor: Landing Accessed via carpeted stairs from the entrance hallway with neutral décor to the walls, spotlight track to the ceiling, loft access hatch and warmed via a wall-mounted radiator.
A generous over-stair storage cupboard and doors lead to all first-floor accommodation.
Master Bedroom Located to the front of the property with carpeted flooring, neutral décor to the walls, pendant light fitting to the ceiling and warmed via a wall-mounted radiator.
There is ample space for a double bed along with additional bedroom furniture. A double glazed window with two opening lights provides natural light and ventilation, and a door leads to the en-suite.
En-Suite Lvt flooring, half-height tiled walls with neutral décor to the remaining walls, spotlight and mechanical ventilation to the ceiling.
Fitted with a three-piece white suite with chrome fixtures and warmed via a wall-mounted radiator with trv.
Bedroom 2 Located to the rear of the property with modern grey carpeted flooring, neutral décor to the walls, pendant light fitting to the ceiling and warmed via a wall-mounted radiator with trv.
There is ample space for a double bed along with additional bedroom furniture, and a large double glazed window provides natural light and ventilation.
Bedroom 3 Accessed via the first-floor landing with grey carpeted flooring, neutral décor to the walls, pendant light fitting to the ceiling and warmed via a wall-mounted radiator with trv.
A double glazed window with top opener overlooks the front elevation, and there is space for a bed along with additional furniture.
Bathroom Located to the rear of the property with lvt flooring, half-height tiled walls with neutral décor to the remaining walls, three spotlights and mechanical ventilation to the ceiling.
Warmed via a wall-mounted radiator with trv and fitted with a three-piece white suite with chrome fixtures incorporating a shower over the bath.
An opaque double glazed window with side opener provides additional natural ventilation.
Rear Garden Accessed via the French doors from the kitchen/diner onto a generous patio seating area with ample space for outdoor furniture.
The garden benefits from secure perimeter fencing and walls, a large lawn ideal for families, space for storage sheds, planting and flower beds, a dedicated bin storage area and a secure gate providing access to the driveway.
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 5 Magnolia Drive, Newcastle upon Tyne
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