2-bedroom house · NE10 9QY
Listing removedListed 113 daysAuction 14 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 14/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website.
- A two bedroom mid terrace house, benefitting from off road parking and a rear yard, in need of modernisation, well located for Felling town centre amenities and transport links. Vacant.
Description A two bedroom mid terrace house. Externally the property benefits from off road parking and a rear yard. In need of modernisation. Vacant.
Location Felling is a town in the Metropolitan Borough of Gateshead in Tyne and Wear.
Amenities are easily accessible locally on Felling High Street and Split Crow Road with a broader range available in the centre of Gatehead (approximately 1.7 miles).
Recreational amenities are available nearby at Albion Street Playing Fields, Carr Hill Recreation Ground and Windy Nook Nature Park. Transport Felling Metro - grn / yel.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
FAQ
About 33 Elliott Drive, Felling
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