3-bedroom terraced house · NE28 9SU
Listing removedListed 53 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Property comprises:- Porch with double glazed windows and UPVC door to garden, neutral decor and carpet to floors.
Lounge, Large lounge with carpet to floors, neutral and modern decor to walls, double glazed bay window to front elevation door leading to kitchen/diner and warmed via radiator Kitchen/Diner Located to the rear of the property with carpet to dining area, papered walls, door to under stair storage and door to front lobby, open plan to kitchen.
Kitchen with a range of modern oak effect wall and base units, space for cooker, washing machine and fridge freezer. Window to rear elevation and warmed via radiator.
Lobby with storage, electric and gas meter, fuse box and storage for coats shoes etc, carpet to floors, neutral decor to walls and door to WC.
WC with toilet and wall mounted wash basin, tiled to walls and window to front elevation. Staircase to landing with doors to all first floor accommodation.
Bedroom 1 Located to the front of the property, carpets to floors built in storage, neutral decor, radiator, window overlooking front elevation.
Bedroom 2 Located to the rear of the property, carpets to floors, neutral decor to walls, radiator, window overlooking rear elevation.
Bedroom 3 Located to the rear of the property, carpets to floors, neutral decor to walls, radiator, window overlooking rear elevation.
Bathroom with 3 pce suite, over bath electric shower, cupboard with combination boiler system and window to front elevation.
Garden with soft bark area for children to play and patio area of outside dining. External storage with padlock for security.
Council Tax Band: A (North Tyneside) Deposit: £825 Holding Deposit: £190.38
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 8 Bathgate Close, Wallsend
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