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See how verdicts work2-bedroom terraced house · NE37 2QB
Sold STCListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is an opportunity to purchase a deceptively spacious mid terraced house situated in an established location in the Concord district of Washington with a range of amenities available in the area together with convenient access to the regional road network.
Likely to be of interest to a range of potential purchasers including first time buyers and investors, the property requires some updating but has considerable potential.
The accommodation is well proportioned and includes a good sized lounge, a kitchen/diner, two double first floor bedrooms and a shower room.
Externally there is a paved front garden and a rear yard with double gates. Available with no upward chain, early viewing is recommended.
It comprises: entrance vestibule, lounge, kitchen/diner, 2 bedrooms, shower-room/wc, gas CH (combi), uPVC double glazing, carpets, yard.
ENTRANCE VESTIBULE Stairs to first floor; radiator LOUNGE 11' 11" x 14' 6" (3.64m x 4.44m) Electric fire with surround; understairs cupboard; radiator KITCHEN/DINER 7' 6" x 17' 11" (2.30m x 5.47m) Fitted wall and floor units having working surfaces; stainless steel single drainer sink unit with mixer tap; laminate floor; cupboard with wall mounted Worcester combi boiler; radiator BEDROOM 1 10' 11" x 10' 7" (3.33m x 3.25m) Range of sliding fronted fitted wardrobes; radiator BEDROOM 2 8' 7" x 11' 0" (2.62m x 3.37m) Radiator SHOWER ROOM/WC Shower tray with shower rail; pedestal hand basin; low level wc; white suite; built in cupboard; PVC panelling to walls; laminate floor; radiator Extras: (Included in price): All fitted carpets, blinds, curtains and light fittings Gas central heating (combi); uPVC double glazing Paved front garden and rear yard with double gates and shed We understand that the property is freehold EPC rating D Council Tax Band A Viewing: By appointment through this office Please Note: These particulars are intended to provide a general outline only for the guidance of prospective purchasers and do not constitute, nor shall constitute, part of an offer or contract.
Intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of such information.
The Vendor does not make or give, and neither the Directors of Alfred Pallas, nor any person in their employment has any authority to make or give any warranty in relation to this property.
Where reference is made to the tenure details of the property (including any relevant ground rent or service charge), this information should not be relied upon without being verified independently by the legal adviser of any intending purchaser.
Please note that the services and appliances in the property have not been tested.
Nothing in these particulars shall be deemed a statement that the property is in good condition, nor that any services, appliances or any fittings are in working order or satisfy current regulations.
Any measurements, areas or distances referred to are approximate and are not precise. Accordingly room sizes should not be relied upon for carpets or furnishings.
Plans and floor plans are for identification purposes only and are not to scale.
Information relating to the current council tax banding and standard amount payable is provided for guidance only and should be independently verified prior to purchase.
In particular, purchasers should make their own enquiries with the Local Authority whether a property banding could be subject to review following purchase.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
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