We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom semi-detached house · NE28 8DQ
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• A BEAUTIFULLY PRESENTED THREE BEDROOM SEMI DETACHED HOUSE • CHAIN FREE • • MODERN KITCHEN/DINER • OFF STREET PARKING TO FRONT • MODERN BATHROOM • • LOVELY PRIVATE SOUTH FACING GARDEN TO REAR WHICH IS NOT OVERLOOKED • IDEAL 1ST BUY • • WALKING DISTANCE TO SHOPS, SCHOOLS, BUS SERVICES & METRO • CLOSE TO TOWN CENTRE • • COUNCIL TAX BAND B • FREEHOLD • ENERGY RATING D • Porch - 1.96 x 1.03 (6'5" x 3'4") - Double gales entrance door with windows to the side, laminae flooring, half glazed door leading into the hallway.
Hallway - Stairs to the first floor landing with storage cupboard under, double glazed window, radiator.
Lounge - 3.86 + bay x 3.43 (12'7" + bay x 11'3") - Double glazed bay window, fireplace with living flame effect electric fire, coving to ceiling, radiator.
Kitchen Area - 3.97 x 2.70 max (13'0" x 8'10" max) - Fitted with a range of wall and base units with work surfaces over and twin bowl sink unit.
integrated washing machine, double glazed door and window, laminate flooring.
Dining Area - 3.42 x 3.05 + bay (11'2" x 10'0" + bay) - Double glazed French doors leading out to the rear garden, laminate flooring, radiator.
Landing - Double glazed window, access to the loft which is part boarded, has pull down ladders and lighting. Bedroom 1 - 3.58 + bay x 3.11 (11'8" + bay x 10'2") - Double glazed bay window, radiator.
Bedroom 2 - 3.37 x 3.02 max (11'0" x 9'10" max) - Double glazed window, radiator. Bedroom 3 - 2.59 x 2.16 (8'5" x 7'1") - Double glazed window, radiator.
Bathroom - 2.25 x 1.75 (7'4" x 5'8") - Bath with shower over, WC and wash hand basin, double glazed window, tiling to walls and floor, ladder style radiator.
External - To the front of the property the garden is laid to lawn and there is also space for off street parking and a storage area.
There is a lovely private garden to the rear which is south facing and is not overlooked, the garden is mostly decked and has a lawned area.
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, variable 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
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.
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About The Drive, Wallsend
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