3-bedroom house · NE5 4HY
Listing removedReduced £20k (−16.7%) on 19 SepListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East welcomes you to this three-bedroom end-terraced property, ideally located within the residential area of Newbiggin Hall.
The property is conveniently positioned close to schools, green spaces and a range of local amenities.
Westerhope Golf Club is nearby, along with a recently opened gym, while excellent transport links provide easy access to the A1 for commuting across the region.
The entrance hallway leads directly into a bright and inviting living room, where large windows flood the space with natural light.
The kitchen is fitted with attractive wall and base units, complemented by sleek worktops, and enjoys direct access out to the rear garden, creating a practical and sociable layout.
Continuing through the ground floor, you will find a well-sized double bedroom, offering flexible living arrangements.
A convenient WC and the family bathroom, updated in 2023, complete the ground floor and feature a bathtub with overhead shower, wash basin and WC.
To the first floor, there are two further well-proportioned double bedrooms, providing comfortable accommodation throughout.
The property also benefits from a new boiler installed in 2024, offering added efficiency and peace of mind.
Externally, the property enjoys a well-sized garden, thoughtfully laid with patio and decking areas, ideal for outdoor dining and entertaining.
Off-street residential parking is available to the rear of the property, adding to the overall convenience of this appealing home.
Living Room (6.4 x 3.36 (20'11" x 11'0")) Kitchen (4.15 x 2.37 (13'7" x 7'9")) Wc (1.42 x 0.94 (4'7" x 3'1")) Bedroom One (3.88 x 2.69 (12'8" x 8'9")) Bedroom Two (3.91 x 2.94 (12'9" x 9'7")) Bedroom Three (2.41 x 2.67 (7'10" x 8'9")) Bathroom (1.64 x 1.42 (5'4" x 4'7"))
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.
Area
Agent & docs
FAQ
About 85, East Thorp, Newcastle Upon Tyne
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