3-bedroom house · NE23 3GT
Sold STCListed 234 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb, three bedroomed detached bungalow occupying a large end site in a cul de sac, next to Horton Burn, on one of the towns most sought after residential estates.
The property offers spacious, well proportioned accommodation which is in excellent order having recently been renovated throughout.
Re-wired electrical system, new fitted kitchen with integral appliances, new bathroom and en suite along with many other features too many to mention.
Externally the property has well maintained gardens to three sides, a double driveway with electric gates and a detached Double Garage. No onward chain.
Freehold Council Tax Band - D EPC Rating - C Entrance Hall Double radiator.
Living Room 5.03m (16'6") x 4.57m (15'0") Bay window to the front, marble fireplace with inset, illuminated living flame gas fire.
Open Plan Kitchen / Dining Room 6.10m (20'0") x 4.57m (15'0") Fitted with a new range of Shaker style base and wall units in a matt finish with soft close drawers and cupboards, quartz work tops and splashbacks, integrated appliances including cooker with induction hob and fan assisted oven, chimney style cooker hood, fridge-freezer, dishwasher and washing machine, white sink unit with mixer tap, central, matching island unit with breakfast bar, drawers and cupboards, quartz top, two double radiators, recessed ceiling lights, tilt and turn double glazed doors to the rear garden, * Amtico flooring through the hall, dining room, kitchen and inner hall.
Inner Hall Built in cupboard. Master Bedroom 4.32m (14'2") x 3.68m (12'1") Two built in wardrobes, double radiator.
En Suite Wash hand basin and wc set in vanity unit, chrome ladder radiator, shower compartment with mains shower and flexible spray, fully tiled walls, tiled floor, electric extractor fan, recessed ceiling lights.
Bedroom Two 3.66m (12'0") x 2.77m (9'1") Double radiator, built in wardrobes.
Bedroom Three 3.15m (10'4") x 2.74m (9'0") Double radiator, built in wardrobes, loft hatch with foldaway ladder to boarded roof space.
Bathroom White coloured suite of panelled bath with tiled surround, glazed shower screen, mains rain shower and flexible spray, chromium ladder radiator, recessed ceiling lights, electric extractor fan.
Detached Double Garage 5.49m (18'0") x 5.56m (18'3") Two up and over doors, electric light and power points.
Externally The property occupies a large end site at the end of Ashwood Close next to Horton Burn. The gardens surrounding the property are well maintained with lawns to the front and rear.
The enclosed rear garden is screened by a brick wall and timber fencing, there are three levels with paths, lawn, decked patio and timber shed.
To the side there is an enclosed imprinted driveway with electric gates and ample space for secure parking within the site. Tenure Freehold
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.
Area
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FAQ
About Ashwood Close, Cramlington
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