2-bedroom bungalow · NE21 6BH
Listing removedListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***chain free*** Well presented two bedroom detached bungalow on the desirable Hanover Estate in Winlaton.
The property comprises of living room, two bedrooms, bathroom W/C and kitchen opening to the rear garden.
Externally there is a lovely low maintenance rear garden with a selection of mature plants and shrubs, as well as a driveway and attached garage to the side of the property.
An early viewing is essential to avoid disappointment! EPC rating D. Living Room (13' 6'' x 10' 4'' (4.12m x 3.15m) Max) Feature fireplace.
Bedroom 1 (11' 4'' x 10' 4'' (3.45m x 3.16m) Max) Benefits from fitted wardrobes. Bedroom 2 (10' 11'' x 8' 4'' (3.32m x 2.53m) Max) Corner cupboard for storage.
Bathroom (8' 0'' x 7' 4'' (2.44m x 2.24m) Max) Bath with shower over, wash basin and W/C.
Kitchen (10' 11'' x 10' 5'' (3.32m x 3.18m) Max) Fitted with a range of wall and base units, with integrated oven/hob. Space for freestanding appliances (not included).
Externally Driveway leading to attached garage. Lawned garden to front. Pretty low maintenance garden to rear with patio and gravel areas. Selection of mature trees and shrubs.
Additional Information Council tax band: C We understand this property is freehold.
Mobile phone coverage and broadband availability: Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining.
We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.
Important Note To Purchasers We have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract.
The measurements are a guide to prospective buyers only and are not precise. We have not carried out a structural survey and the services, appliances and fittings have not been tested by us.
If you require any further information, please contact us.
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
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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
Agent & docs
FAQ
About 4, Owlet Close, Winlaton
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