We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · NE27 0FN
Listing removedListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom semi-detached home, offering stylish accommodation throughout together with a detached garage that has driveway parking.
The property features a modern fitted kitchen, elegant rear living room with decorative wall panelling and French doors opening onto the private rear garden, ground floor WC.
To the first floor there are two well-proportioned bedrooms with a calm and refined finish. Completing the first floor accommodation is a stylish contemporary bathroom.
Externally there is an enclosed rear garden with lawn and patio area together with a detached garage and additional parking space.
Conveniently located close to local shops, schools, transport links and Shiremoor Metro Station. Leasehold. Leasehold 125 years from 01/01/07 105 years remaining.
Ground Rent £193.44 per annum payable to Homeground. EPC: Tbc, Council Tax Band: B, Gas, Electric, Water, Heating, Drainage: Mains Connected.
Broadband: Fibre to Premises, Mobile Phone Blackspot: No Mining: The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property if any.
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 17, Countess Way, Newcastle Upon Tyne
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