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 · NE23 6AE
Listing removedListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Perfect First Home Opportunity – Ideal for Young Families & First-Time Buyers Looking for your first step onto the property ladder?
This spacious three-bedroom end-link villa could be the perfect place to call home.
Situated on the edge of a popular estate with lovely open views to the front, this property offers a fantastic opportunity for young families or first-time buyers wanting space, potential, and convenience all in one.
Features include: Three well-proportioned bedrooms ? Extended kitchen/dining area – perfect for family meals and entertaining ? Gas fired central heating ? Garage to the rear ?
Open outlook to the front ?
Just a short walk to the town centre, shops, schools & local amenities The home would benefit from some modernising and redecorating, making it an ideal opportunity to add your own style and create a home that truly reflects you.
A fantastic starter home with great potential in a convenient location. Early viewing recommended!
Tenure - Currently leasehold, the owners are in the process of buying the freehold which will be in place before completion of a sale. Council Tax Band - A EPC Rating - To be confirmed.
Entrance Hall Radiator. Living Room (4.37m (14'4") x 3.66m (12'0")) Two radiators, understairs cupboard.
Open Plan Kitchen / Dining Room (5.33m (17'6") x 4.88m (16'0")) The dining area features a radiator and double glazed sliding doors to the rear garden.
The kitchen is fitted with a range of base and wall units with drawers and cupboards. Stainless steel sink unit, plumbing for dishwasher and washing machine.. * White goods available if required*.
First Floor Landing Built in cupboard containing Baxi Duotec gas fired combination central heating boiler, loft hatch with foldaway ladder to roof space.
Bedroom One (3.81m (12'6") x 2.92m (9'7")) Radiator. Bedroom Two (3.25m (10'8") x 2.74m (9'0")) Radiator, built in wardrobes. Bedroom Three (2.49m (8'2") x 2.39m (7'10")) Radiator.
Shower Room Fully tiled walls, shower compartment with Mira electric shower, pedestal wash hand basin. Separate WC Low level wc set. Externally Open plan lawned garden to the front.
To the rear, which faces south, there is a paved garden and brick built garage with electric supply.
Tenure Currently leasehold, the owners are in the process of buying the freehold which will be in place before the completion of a sale.
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
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
.jpeg)
FAQ
About 3, Hebron Way, Cramlington
Explore nearby