2-bedroom terraced house · NE28 7PR
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• SPACIOUS MID TERRACE HOUSE • TWO DOUBLE BEDROOMS • LOUNGE & DINING ROOM • • MODERN REFITTED SHOWER ROOM • CLOSE TO THE CONSERVATION AREA THE GREEN • • WALKING DISTANCE TO SHOPS, SCHOOLS, BUS SERVICES & METRO STATION • CHAIN FREE • • FANTASTIC FIRST TIME BUY • PRIVATE YARD TO REAR • FREEHOLD • COUNCIL TAX BAND A • • ENERGY RATING D • Entrance Lobby - Entrance door, half glazed inner door leading into the hallway.
Hallway - Stairs to the first floor landing, laminate flooring, radiator. Lounge - 3.91 x 3.27 (12'9" x 10'8") - Double glazed window, coving and rose to ceiling, laminate flooring, vertical radiator.
Open to dining room. Dining Room - 4.54 x 3.88 (14'10" x 12'8") - Double glazed window, fireplace with tiled inset, laminate flooring, storage cupboard, radiator.
Kitchen - 5.24 x 2.03 (17'2" x 6'7") - Fitted with a range of wall and base units with work surfaces over and sink unit, double glazed windows, laminate flooring, radiator and double glazed French doors leading out to the rear garden.
Landing - Double glazed window. Bedroom 1 - 4.91 x 2.86 (16'1" x 9'4") - Double glazed window, radiator.
Bedroom 2 - 3.23 x 2.80 (10'7" x 9'2") - Double glazed window, fireplace with tiled inset, radiator.
Shower Room - 2.73 x 1.80 (8'11" x 5'10") - Comprising; shower cubicle, WC and wash hand basin with built-under storage, tiling to walls and floor, ladder style radiator.
External - Externally there is a small town garden to the front and a private yard to the rear.
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 Three-UKGood outdoor and in-home Vodafone-Good outdoor 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
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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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