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See how verdicts work2-bedroom bungalow · NE30 3UW
Listing removedListed 309 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL SITUATED 2 BEDROOMED SEMI-DETACHED BUNGALOW.
This bungalow has the advantage of uPVC double glazing, gas central heating (Ideal combi boiler), PVC fascias & guttering, uPVC double glazed conservatory, garage, block paved driveway for off road vehicle standage and easy maintenance gardens to front and rear – the latter of which has a sunny south aspect.
The accommodation briefly comprises: On the ground floor : hall with access to loft, lounge, breakfasting kitchen, conservatory, bathroom & 2 bedrooms.
Externally : garage and gardens to front and rear. Torver Way is located just off Thirlmere Avenue which in turn is just off Farringdon Road.
The Broadway is nearby which provides access to both Tynemouth and Whitley Bay as well as the sea front, local supermarkets, amenities and transport links including both Metro & Bus services.
Torver Way is in the catchment area for excellent local schools including Monkhouse Primary School & Marden High School.
ON THE GROUND FLOOR: 'L' SHAPED HALL: with composite front door, radiator & access to loft space.
LOUNGE: at rear 11'11" x 14'10" (3.63m x 4.52m) with radiator, fireplace with living flame fire & double glazed patio doors leading to conservatory.
uPVC DOUBLE GLAZED C ONSERVATORY: 9'7" x 7'9" (2.92m x 2.36m) with tiled floor, double radiator, vertical louvre blinds & uPVC double glazed door to the rear garden.
BREAKFASTING KITCHEN: 9'2" X 11'8" (2.79m x 3.56m) with fitted wall and floor units, fitted breakfast bar, 'Bosch' oven, 'Tricity' hob, twin circular stainless-steel sink, radiator & uPVC double glazed window.
2 BEDROOMS No. 1: to the front 13'0" x 11'9" (3.96m x 3.58m) including fitted furniture on 2 walls, radiator & uPVC double glazed window. No.
2: to the front 9'2" x 10'10" including fitted wardrobe, radiator & uPVC double glazed window.
BATHROOM: with tiled walls & floor, panelled bath with shower over, low level WC, vanity unit, double radiator & uPVC double glazed window.
LOFT SPACE: access via folding ladder, boarded for storage with light.
EXTERNALLY: GARAGE: 19'7" x 7'8" (5.97m x 2.34m) with roll over door, power, light, 'Ideal Logic' combi-boiler & door to rear garden.
GARDENS: the front has a block paved drive for car standage with lawn & borders. The rear garden faces south and is 31ft long with paved patio, lawn, borders, greenhouse & tap. TENURE: Freehold.
Council Tax Band: C
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Torver Way, Marden, North Shields, NE30 3UW
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