3-bedroom terraced house · NE38 8RR
Let agreedReduced £50 (−6.1%) on 29 SepListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jill Moore Sales & Lettings welcome to the rental market this well presented three bedroom mid terrace family home, situated in a quiet but friendly cul de sac location in Fernlea Close, Fatfield.
With a range of amenities on the doorstep including well respected schools, transport links, shops and pubs/restaurants, this property combines modern family living with a great location.
The property is available immediately and early viewing is essential to avoid disappointment.
The property benefits from double glazing, gas central heating, a recently fitted bathroom/wc and a enclosed garden to the rear. Early viewing is essential to avoid disappointment.
To arrange a viewing please contact the team on . A holding fee of one week's rent is payable upon application and all properties are subject to a bond which is the value of a month's rent.
See our website for full details.
Entrance Hall Enter through uPVC double glazed door into light and airy hallway featuring neutral walls and floors, carpeted stairs leading to first floor and doorway into lounge.
Lounge/Diner The open plan lounge/diner space is flooded with natural light from the large double glazed dual aspect windows and French doors which lead out into the rear garden from the dining area.
Neutral walls, laminate flooring, radiator and door inot kitchen also feature.
Kitchen The spacious kitchen is complete with neutral base and wall units providing amples storage with space/plumbing for appliances.
Double glazed window looking out into the rear garden, sink with mixer tap and contrasting worktop also feature.
Bedroom The master bedroom offers neutral walls and floors, large built in storage cupboard, radiator and double glazed window to the front aspect of the property.
Bedroom The second good-sized double bedroom features a large double glazed window looking out over the rear garden, neutral walls, carpet flooring and radiator Bedroom The third spacious bedroom is finished with neutral walls, carpet to the floor, double glazed window looking out over the front aspect of the property and radiator.
Bathroom The family bathroom is complete with part-tiled neutral walls, shower over bath, hand wash baisn, toilet, double glazed window and towel rail/radiator.
External To the rear, an enclosed and private garden which features paved patio/pathway around the garden and natural grass section. To the front, low maintenance area and paved pathway.
Location The property is found within Fernlea Close, a highly popular area within Fatfield, Washington, known for its family friendly community and local amenities.
These include shops, bars, pubs and restaurants all within walking distance. As are superb local schools like Fatfield Primary, St Robert of Newminster and Biddick Academy secondary schools.
The property also benefits from great commuting links into larger cities such as Sunderland, Newcastle and Durham via the A19/A1 motorways.
Disclaimer A holding fee of one week's rent is payable upon application and all properties are subject to a bond which is the value of a month's rent. See our website for full details.
Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract. All measurements are approximate and intended as a guide only.
All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
2/ Fixtures and fittings other than those included in the above details are to be agreed separately.
3/ All EPCs are generated by a third party and Hobrook & Co accepts no liability for their accuracy.
6/ The Floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this. It is highly likely the plans do not show (truncated)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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

FAQ
About Fernlea Close, Fatfield, Washington, Tyne & Wear, NE38
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