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 work2-bedroom house · NE15 8DJ
Listing removedListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this mid-terrace house represents an excellent opportunity for first-time buyers looking to take their first step onto the property ladder, as well as investors seeking a solid addition to their portfolio.
Internally, the accommodation briefly comprises an entrance lobby, lounge, dining room, kitchen, and ground floor bathroom/W.C.
To the first floor, there are two well-proportioned bedrooms, providing comfortable living space throughout. Externally there is an enclosed yard to the rear.
Rook Matthews Sayer would highly recommendation internal viewing to appreciate the accommodation and location on offer.
Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains - Gas Broadband: Cable Mobile Signal Coverage Blackspot: No 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.
Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser council tax band: A EPC rating: D Entrance Lobby Door leading to:- Hall Central heating radiator and stairs up to the first floor.
Lounge (12' 6'' Plus recess x 11' 5'' Plus storage cupboard (3.81m x 3.48m)) Double glazed window to the rear, central heating radiator and storage cupboard.
Dining Room (11' 9'' Max x 11' 0'' Into alcove (3.58m x 3.35m)) Double glazed window to the front and a central heating radiator.
Kitchen (7' 4'' x 6' 4'' (2.23m x 1.93m)) Fitted base units with work surfaces over, splash back tiles, stainless steel sink with mixer tap, integrated hob with oven below, vertical central heting radiator, plumbing for an automatic washing machine, double glazed window to the rear and door leading to the rear yard.
Bathroom/W.C Fitted with a three piece white bathroom suite comprising low level W.C, pedestal wash hand basin, panel bath with shower over and screen, chrome heated towel rail, and a double glazed window to the rear.
Bedroom One (14' 5''Into alcove x 11' 9'' Plus recess (4.39m x 3.58m)) Two double glazed windows to the front and a central heating radiator.
Bedroom Two (14' 2'' Into alcove x 11' 2'' Max (4.31m x 3.40m)) Double glazed window to the rear and a central heating radiator. Externally Enclosed yard to the rear.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
.png)
FAQ
About 8, Gladstone Street, Newcastle Upon Tyne
Explore nearby