2-bedroom semi-detached house · NE16 5LT
Listing removedListed 212 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A cosy two-bedroom bungalow tucked away on a quiet street with off-road parking, ideally situated just behind Sunniside Front Street.
The property is approached via a low-maintenance, fenced front garden, leading into a welcoming hallway that provides access to two bedrooms-one benefiting from fitted wardrobes-and a family bathroom complete with shower over bath and useful storage.
To the rear of the home, a door opens into a bright and modern open-plan kitchen and living area, featuring an electric fire and stylish radiators.
This inviting space flows seamlessly into a conservatory, offering additional living space with doors opening out to the rear garden.
Externally, the property boasts a further low-maintenance, fenced seating area to the rear, along with the off-road parking.
Conveniently located just a stone's throw from local amenities and excellent bus routes, this charming bungalow offers both comfort and practicality. Council tax band A.
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 Elm Street West, NE16
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