3-bedroom semi-detached house · NE37 3LP
Sold STCListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the sought-after area of Merevale Close, this well-presented three-bedroom semi-detached home offers spacious and versatile accommodation, making it an ideal purchase for first-time buyers, growing families, or those looking to upsize.
The property welcomes you with a bright entrance hall leading into a generous lounge, creating a warm and inviting space for relaxing or entertaining.
To the rear, the modern fitted kitchen/dining room with plenty of room for family dining.
The first floor comprises three well-proportioned bedrooms, including a spacious principal bedroom benefiting from its own en-suite shower room.
Two further bedrooms provide flexible accommodation all served by a contemporary family bathroom.
Externally, the property enjoys a driveway providing off-street parking and is fitted with an electric vehicle charging point.
The enclosed rear garden provides a private and secure outdoor space, perfect for relaxing, entertaining or family life..
Positioned within a quiet cul-de-sac, the home is conveniently located close to well-regarded schools, local shops, supermarkets, parks and leisure facilities.
Excellent transport links provide easy access to Washington, Sunderland, Newcastle and the A1(M) and A19, making it an excellent choice for commuters.
Council Tax Band: C Tenure: Freehold Kitchen Living Room Dining Room Bedroom 1 Bedroom 2 Bedroom 3 Bathroom En suite
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

FAQ
About Merevale Close, Washington, Tyne and Wear, NE37 3LP
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