2-bedroom bungalow · NE10 0YL
Sold STCListed 91 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the sought-after area of Gosforth Terrace, this charming semi-detached bungalow offers a delightful blend of comfort and modern living.
Recently refurbished by the current owner, the property boasts a fresh and inviting atmosphere, having undergone a complete re-wire and the installation of new glazing units along with a new central heating boiler and pipework.
Upon entering, you are welcomed by a spacious entrance hallway featuring built-in storage and LVT flooring providing both practicality and style.
The living room is a perfect space for relaxation, offering ample room for furnishings and natural light.
The well-appointed kitchen comes complete with an integrated oven, making it an ideal spot for culinary enthusiasts.
This bungalow comprises two generously sized bedrooms, each providing a peaceful retreat for rest and relaxation.
The modern shower room is tastefully designed, ensuring convenience for daily routines.
Outside, the property benefits from gardens to both the front and rear, offering a lovely outdoor space for gardening, entertaining, or simply enjoying the fresh air.
This semi-detached bungalow is not only a comfortable home but also a fantastic opportunity for those seeking a low-maintenance lifestyle in a desirable location.
With its recent updates and thoughtful layout, it is sure to appeal to a variety of buyers. Don’t miss the chance to make this delightful property your own.
Entrance Hallway - Lounge - 4.22m 3.65m into alcoves (13'10" 11'11" into alcov - Kitchen - 3.44m x 2.81m (11'3" x 9'2") - Bedroom One - 3.47m x 3.18m (11'4" x 10'5") - Bedroom Two - 3.18m x 2.76m (10'5" x 9'0") - Shower Room - 1.91m x 1.77m (6'3" x 5'9") - Side Pathway - External - Property Disclaimer - IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Gosforth Terrace, Pelaw, Gateshead
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