2-bedroom bungalow · NE9 5SE
Listing removedReduced £15k (−8.3%) on 27 JunListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within a highly sought-after residential location, this beautifully presented two-bedroom bungalow offers a superb opportunity for those seeking comfortable single-storey living in a well-connected and established setting.
Boasting spacious accommodation, attractive gardens and the added benefit of a garage, this impressive home is sure to appeal to a wide range of buyers and simply must be viewed to be fully appreciated.
Upon entering the property, you are welcomed by an entrance hallway which provides access to the principal living accommodation.
The generous lounge is tastefully decorated and features a charming focal point fireplace set within the chimney breast, creating a warm and relaxing atmosphere ideal for both everyday living and entertaining guests.
The fitted kitchen is well equipped with a range of modern wall and base units complemented by built-in cooking appliances, whilst also offering ample space for the inclusion of additional white goods.
The layout provides practicality and functionality, making it perfectly suited to modern living.
The bungalow further benefits from two well-proportioned double bedrooms, both offering comfortable accommodation with plenty of natural light.
Completing the internal accommodation is a modern shower room together with a separate WC, adding further convenience for homeowners and visitors alike.
Externally, the property continues to impress with its beautifully tended gardens to the front, side and rear.
The front garden features a neatly lawned area alongside a pleasant patio seating space, ideal for enjoying the outdoors.
The garden extends around the side of the property and leads to the rear where there is a raised lawn bordered by an attractive selection of planted shrubs and bushes, together with an additional patio area providing the perfect setting for outdoor dining or relaxation during the warmer months.
A garage also provides useful storage and off-street parking.
Ideally positioned for convenient access to a range of local amenities, shops and facilities, the property also benefits from access to transport links, making it an ideal choice for commuters and those looking to enjoy access to surrounding areas.
Combining well-presented accommodation, attractive outdoor space and a desirable location, this wonderful bungalow represents a fantastic opportunity and early viewing is strongly recommended.
EPC Rating: C Lounge (3.86m x 3.41m) Kitchen (3.30m x 3.12m) Bedroom One (3.50m x 3.26m) Bedroom Two (3.27m x 2.63m) Shower Room (2.32m x 1.49m) Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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 18 Egremont Drive, Gateshead
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