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 work3-bedroom semi-detached house · NE28 0DB
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• INVESTMENT OPPORTUNITY • THREE BEDROOM SEMI DETACHED HOUSE • UPDATING IS REQUIRED • GENEROUS CORNER PLOT WITH GARDENS TO THREE SIDES • WALKING DISTANCE TO METRO • • NEARBY SHOPS & SCHOOLS • ROAD LINKS TO THE A19 & TYNE TUNNEL • GARAGE & PARKING • • CHAIN FREE • COUNCIL TAX BAND B • FREEHOLD • ENERGY RATING TBC • Entrance Lobby - Double glazed entrance door, stairs to the first floor landing, radiator.
Lounge/ Dining Room - 3.95 + bay x 3.78 + 2.32 x 2.33 (12'11" + bay x 12 - Double glazed bay window, fireplace with inset fire, radiator.
Breakfasting Kitchen - 4.63 x 2.45 + 2.61 x 2.34 (15'2" x 8'0" + 8'6" x 7 - Double glazed window, wall and base units with work surfaces over and sink unit, oven and hob, radiators and external door to the rear garden and access into the garage.
Bathroom - 2.77 max x 2.45 max (9'1" max x 8'0" max) - Double glazed window, bath, shower cubicle WC and wash hand basin, radiator. Landing - Double glazed window.
Bedroom 1 - 3.78 x 3.28 + bay (12'4" x 10'9" + bay) - Double glazed bay window, fitted wardrobes, cupboard and radiator. Bedroom 2 - 3.01 x 2.44 (9'10" x 8'0") - Double glazed window, radiator.
Bedroom 3 - 2.23 x 2.03 (7'3" x 6'7") - Double glazed window, radiator. Garage - 6.02 x 2.76 (19'9" x 9'0") - Power points and lighting.
External - Externally there are gardens to the front, rear and side.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor Three-UK-Good outdoor and in-home Vodafone-Good outdoor, variable in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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
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FAQ
About Holdeness Road, Wallsend
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