2-bedroom semi-detached house · NE16 5NW
Sold STCReduced £5k (−3.7%) on 24 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to a wide range of buyers, including first-time purchasers, young families and those looking to downsize, this beautifully presented two-bedroom semi-detached home offers well-proportioned accommodation, gardens and a convenient location.
The property provides a welcoming and comfortable home with a modern kitchen and bathroom, together with the added benefit of a useful lower ground floor store room, providing valuable additional storage space.
The property is entered via a lovely entrance hallway, which provides a welcoming introduction to the accommodation and access to the principal rooms.
The beautifully presented lounge is a particularly inviting space, offering a comfortable setting for relaxing and entertaining, with a modern wall-mounted fireplace providing an attractive focal point.
The modern kitchen is fitted with a range of wall and base units, complemented by work surfaces and providing excellent storage and preparation space.
Built-in cooking appliances are incorporated, creating a practical and well-equipped kitchen suitable for everyday family living.
To the first floor, the property continues to impress with two well-proportioned double bedrooms.
Both rooms provide comfortable accommodation and offer versatility for a variety of needs, whether used as bedrooms, a home office or occasional guest space.
The modern bathroom is equipped with a white suite comprising a bath with a mains-fed rainfall-style shower over, together with a hand wash basin set within a useful vanity storage unit.
A separate WC adds further convenience and practicality to the accommodation.
A further benefit can be found at lower ground floor level, where a useful store room provides excellent additional storage.
This versatile space is ideal for keeping household items, seasonal belongings, bicycles and other equipment neatly tucked away, helping to maximise the living accommodation above.
Externally, the property enjoys gardens to both the front and rear.
The enclosed rear garden is mainly laid to lawn and features a paved patio seating area, providing an ideal space for outdoor dining, entertaining or simply enjoying the garden during the warmer months.
The location offers convenient access to a range of local amenities and facilities, while transport links provide connections to surrounding areas, making the property well placed for those requiring access to everyday services, schools, employment opportunities and commuting routes.
Overall, this attractive home combines comfortable accommodation, modern fixtures and fittings, useful storage and outdoor space in a convenient setting.
With its broad appeal and superb presentation, early viewing is highly recommended to fully appreciate all that this wonderful property has to offer.
EPC Rating: D Lounge (4.50m x 3.62m) Kitchen (3.97m x 1.63m) Bedroom One (4.54m x 2.95m) Bedroom Two (3.55m x 2.81m) Bathroom (1.90m x 1.55m) Lower Ground Floor Store Room (3.75m x 2.11m) 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 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
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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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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
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FAQ
About 48 Kingsway, Newcastle Upon Tyne
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