4-bedroom house · NE13 6LD
Listing removedListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed larger style 4 bedroom detached house occupying a prime position within the sought after Five Mile Park development constructed by Bellway Homes.
The property offers generous accommodation with 2 good size reception rooms to the ground floor together with dining kitchen, utility and WC.
To the first floor are 4 double bedrooms one of which benefits from a fully fitted office suite ideally for those who work from home. There are also a master en suite shower and a family bathroom.
Externally to the rear is a large enclosed garden with patio area with good size storage shed to the side. To the front is lawned garden with driveway providing ample off street parking.
This leads to a single garage with up and over door.
Tenure: Leasehold 125 years from 2012 (111 years remaining) Ground Rent: N/A Service Charge: N/A Maintenance Cost: £208.45 per annum - Review Period: Tbc - Increase Amount: Tbc Council Tax Band: E EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: Driveway & Garage Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
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 41, Havannah Drive, Newcastle Upon Tyne
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