3-bedroom terraced house · NE21 5QU
Sold STCListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented three-bedroom end-terrace home in Winlaton offers spacious and versatile accommodation, including a converted loft space ideal for storage.
The property welcomes you through an entrance vestibule into a generous living room, with double doors leading to the modern open-plan kitchen and dining area, which benefits from additional storage.
A further door provides access to a useful utility space, with access to the small decked outside space.
To the first floor are three bedrooms, one of which benefits from built-in storage, together with an upgraded family bathroom featuring a bath with shower over.
A staircase from the landing leads to the converted loft space, providing excellent additional storage.
Conveniently located close to local shops, schools and other amenities, this property is an ideal choice for families and first-time buyers alike.
If you would like to make an Offer: Please note that Target Property NE will immediately notify the seller when any offer is made on this property.
At the same time for Anti-Money Laundering legislation (AML), identity checks and proof of purchase funding including but not limited to, passport or driving licence with a utility bill showing current address, a mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including applicable selling agent and solicitor is required.
Tenure: Target Property NE are not able to fully confirm the tenure of the property, because it is not always possible to see the relevant documentation prior to putting the property up for sale.
Prospective buyers must always make appropriate and further enquiries with their own legal adviser.
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
FAQ
About Florence Street, Winlaton, Blaydon, Gateshead
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