2-bedroom bungalow · NE62 5BJ
Listing removedListed 120 days
Opportunity summary
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About
*** TWO BEDROOM - SEMI-DETACHED BUNGALOW - IN NEED OF MODERNISATION - ENDLESS POTENTIAL - SOUGHT AFTER LOCATION - SOUTH FACING REAR GARDEN - DRIVEWAY & GARAGE - MUST VIEW!
- EPC GRADE TBC *** Situated on the ever-popular Ashington Drive in Stakeford, within the highly sought-after Wansbeck Estate, this two-bedroom semi-detached bungalow presents a fantastic opportunity for buyers looking to create their ideal home.Occupying a generous plot with a desirable south-facing rear garden, the property offers tremendous potential for refurbishment and modernisation throughout.
Rarely available in such a well-established residential location, this bungalow is perfect for those seeking a rewarding project with scope to add significant value.The accommodation briefly comprises a welcoming entrance hallway, two well-proportioned double bedrooms, a bathroom, a spacious lounge, and a kitchen.
The versatile layout provides excellent potential for reconfiguration and enhancement, subject to any necessary consents.Externally, the property benefits from gardens to both the front and rear.
The attractive rear garden enjoys a sunny southerly aspect, creating an ideal space for outdoor relaxation, gardening, or entertaining family and friends.
To the front, a double driveway provides ample off-street parking and leads to an attached garage, offering additional storage or workshop potential.Conveniently positioned close to a range of local amenities, schools, transport links, and major road networks, the property combines everyday convenience with the opportunity to create a bespoke home in a highly desirable location.Bungalows on the Wansbeck Estate are consistently in demand, and with the potential on offer here, early viewing is strongly recommended.
Offered for sale with no upper chain, this is a rare opportunity not to be missed.Contact our Ashington office today to arrange your viewing.
Entrance Hallway Double glazed door to side elevation and wall mounted radiator.
Lounge 15' 6'' x 11' 11'' (4.73m x 3.63m) Double glazed window to rear elevation and feature fireplace, wall mounted radiator.
Kitchen 5' 5'' x 6' 8'' (1.65m x 2.04m) A fitted kitchen with double glazed window to rear elevation. Wall mounted radiator to side elevation.
Comprising of a good range of units at wall, base and drawer level with tiled floor and splashback.
Integrated oven and grill unit, four burner gas hob with extractor hood above, 1.5 bowl stainless steal sink and drainer unit. Access to garage through double glazed door.
Bedroom One 5' 5'' x 6' 8'' (1.65m x 2.04m) Double glazed window to front elevation and wall mounted radiator. Fitted wardrobes.
Bedroom Two 9' 3'' x 11' 8'' (2.82m x 3.55m) Double glazed window to front elevation and wall mounted radiator. Fitted wardrobes.
Family Bathroom 5' 5'' x 6' 8'' (1.65m x 2.04m) Fitted bathroom with low level W/C, pedestal wash hand basin and walk in shower cubical with electric shower.
Tiled walls and floors with access to boiler cupboard and loft access. Garage 16' 1'' x 7' 10'' (4.89m x 2.39m) Manual barn style door and double glazed door to kitchen.
Rear Garden Enclosed garden with fenced boundaries, block paved path with gravel surroundings. Front External Paved front garden with driveway for two cars.
EPC Graph A full copy of the Energy Performance Certificate is available upon request. Tenure We are advised by our vendor clients that the property is held Freehold.
Any interested party should ask their legal advisors to confirm this.
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
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FAQ
About Ashington Drive, Wansbeck Estate, Choppington
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