3-bedroom house · NE3 3DJ
Sold STCListed 116 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well-appointed traditional semi-detached house featuring a lovely westerly-facing garden, driveway and garage.
The property is ideally suited to a growing family, offering generous accommodation alongside a range of modern fixtures and fittings.
It is well positioned for access to local shops and transport links, and is only a short distance from central Gosforth. There are also several local schools nearby.
The property comprises an entrance hallway with cloaks cupboard and staircase leading to the first floor. There are two large reception rooms, both with bay windows.
The fully fitted kitchen includes a breakfast bar and is complemented by a separate utility room.
To the first floor are three bedrooms, two of which are doubles, along with a family bathroom with shower. Externally, to the rear is a beautiful, well-maintained garden with a westerly aspect.
To the front, a paved driveway provides access to the attached garage.
Tenure: Freehold Council Tax Band: C EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Tbc Mobile Signal Coverage Blackspot: No Parking: Driveway & Garage Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
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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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
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FAQ
About 29, Purley Gardens, Newcastle Upon Tyne
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