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See how verdicts work3-bedroom terraced house · NE41 8BF
Listing removedListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern three bedroom house enjoys open views across fields to the rear and is conveniently positioned within a semi-rural Tyne Valley village known for its strong community feel.
The property is beautifully presented throughout and forms part of a discounted market value scheme, offered at 70% of market value to eligible purchasers*.
Built by Gentoo in 2017, the home remains within its NHBC warranty period (until July 2027) and has a freehold title.
The ground floor offers well-proportioned living space, beginning with a welcoming hallway with a built-in storage cupboard and stairs to the first floor.
Off the hall is a well-proportioned dual-aspect kitchen diner that provides a practical and sociable space for cooking, dining and entertaining.
Fitted with a modern range of light grey units and granite-effect worktops, the kitchen has a built-in electric oven and induction hob, integrated washing machine and recessed spotlights.
To the rear is the living room featuring French doors that open onto the rear garden and allow plenty of natural light in to the room, with the adjacent window, while also affording views over the garden and the fields that lie just beyond the parking area.
Amtico flooring runs throughout the ground floor, adding a stylish and durable finish.
Upstairs, the first floor provides three well-proportioned bedrooms, situated off the landing, with the main bedroom benefiting from fitted wardrobes for convenient storage.
The modern family bathroom is fitted with a white suite that includes a mains-fed shower over the bath. There are UPVC double glazed windows throughout the house and the heating is via a gas combi.
boiler.
Externally, there are fenced, enclosed lawned gardens to both the front and rear, with the rear garden enjoying open views across surrounding fields and a patio area suitable for outdoor seating.
A pathway provides access around the side of the property and there is a right of access along the front path to conveniently walk into the village.
Off-street parking is available with two allocated parking spaces directly to the rear, and the property also benefits from an electric car charging point.
Location – Forster Gardens is located towards the north edge of the popular village of Wylam, offering a convenient setting with a strong community feel within the sought-after Tyne Valley area, in Northumberland.
The village provides a range of local amenities including shops, cafés, public houses, and a well-regarded primary school, all within easy reach (Wylam First School is adjacent to the house, accessed via the end of Parson Road).
There are excellent transport links available, with Wylam railway station offering regular services to Newcastle, Hexham, and Carlisle.
Road access is also convenient via the A69 and A1, connecting to the wider North East region.
The surrounding countryside and riverside walks along the River Tyne further enhance this desirable village location.
* Discount Market Value (DMV) eligibility criteria and Section 106 agreement – The property is subject to a Section 106 agreement.
The agreement contains obligations concerning sale, marketing and qualification procedure, as well as a restriction on value.
Purchasers of the property will need to demonstrate the local housing need to meet the requirements of the S106 agreement and to complete a DMV Eligibility Application Form, which we can provide.
We can also provide further information regarding eligibility. Any future sale will also similarly need to comply with the S106 agreement conditions.
Discounted Market Sales form part of the Government and Northumberland County Council’s commitment to provide affordable housing for sale or rent at below local market values, for those whose needs are not met by the open market.
To ensure they are affordable, they are subsidised by grants and delivered in accordance with legal Section 106 planning obligation agreements tied to the development’s planning permission.
It is important that these homes are therefore provided for people who cannot afford to buy a home on the open market and genuinely require the benefit of this subsidy to make them affordable.
The Council therefore seeks to ensure that only eligible households can buy these discounted sales homes. Eligibility is determined with regard to local incomes and local house prices.
For more details: Discount Market Value buyer eligibility information: Buyer eligibility application form (for information): IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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 photographs and measurements have been taken as a guide 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 traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. CRA260031/2
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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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.
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FAQ
About Forster Gardens, Wylam, Northumberland, NE41
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