3-bedroom terraced house · NE28 7TQ
Sold STCListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• GUIDE PRICE £140,000 - £150,000 • • A GREAT STARTER HOME • THREE BEDROOM MID TERRACE HOUSE • LOUNGE & DINING ROOM • • MODERN KITCHEN • CONSERVATORY • WALKING DISTANCE TO SHOPS & BUS SERVICES • • BATHROOM WITH FOUR PIECE SUITE • OFF STREET PARKING TO FRONT • GARDEN TO REAR • • CHAIN FREE • COUNCIL TAX BAND A • FREEHOLD • ENERGY RATING C • Entrance Lobby - Double glazed entrance door with window to the side, stairs to the first floor landing, radiator.
Lounge - 4.83 x 3.33 (15'10" x 10'11") - Double glazed bow window, fireplace with inset fire, radiator.
Dining Room - 2.66 x 2.44 (8'8" x 8'0") - Storage cupboard, radiator and double glazed French doors leading into the conservatory.
Kitchen - 4.30 x 2.68 (14'1" x 8'9") - Fitted with wall and base units with work surfaces over and sink unit, integrated oven and hob with extractor hood over, double glazed window, radiator and external door leading to the front.
Conservatory - 3.39 x 2.73 (11'1" x 8'11") - Double glazed windows, power points and lighting, double glazed French doors opening out to the rear garden. Landing - Access to bedrooms and bathroom.
Bedroom 1 - 3.38 max x 3.92 (11'1" max x 12'10") - Double glazed windows, radiator. Bedroom 2 - 3.77 x 2.69 max (12'4" x 8'9" max) - Double glazed windows, radiator.
Bedroom 3 - 3.40 x 1.88 min (11'1" x 6'2" min) - Double glazed window, radiator.
Bathroom - 2.92 max x 1.66 (9'6" max x 5'5") - Comprising; bath, shower cubicle, WC and wash hand basin with built-under storage, double glazed window, part panelled walls and ladder style radiator.
External - Externally the front garden is block paved and provides space for off street parking. The rear garden has composite decking, paving and a shed for storage.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor, variable in-home Three-UK-Good outdoor, variable in-home Vodafone_Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Value & comps
No previous sales on record.
Returns
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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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