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 terraced house · NE15 6BS
Listing removedListed 370 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and modern home, this property is sure to appeal to a wide range of buyers, from first-time purchasers and young families to those looking to downsize without compromising on comfort or location.
Perfectly positioned to take full advantage of the stunning panoramic views stretching across the Tyne Valley towards the iconic Angel of the North, this home combines modern living with a picturesque setting.
Ideally situated, the property enjoys convenient access to an array of local amenities and green spaces, including a children’s play area, a scenic nature park, and local schools.
Transport connections ensure convenient travel to Newcastle City Centre, the A1 motorway, and the Metrocentre, making it an ideal base for commuting and leisure alike.
Upon entering, you are greeted by an inviting entrance hallway leading to a convenient guest WC.
The spacious lounge, complete with patio doors opening out to the rear garden, offers a perfect space for relaxation or entertaining.
The modern fitted kitchen is equipped with a range of units and built in cooking appliances.
Upstairs, the home continues to impress with two well-proportioned double bedrooms, offering flexibility for use as guest rooms or a home office if desired.
The bathroom features a mains-fed shower over the bath, combining practicality with modern comfort.
Externally, the property offers a charming town-style garden to the front, while the rear garden features a tiered layout with a paved patio area and lawned areas.
An allocated parking space provides additional convenience. Ready to move straight into, this modern home offers the perfect blend of style, comfort, and location.
EPC Rating: C Lounge 4.04m x 4.57m Kitchen 2.49m x 2.79m Bedroom One 3.58m x 4.39m Bedroom Two 2.74m x 4.06m Bathroom 1.8m x 2.21m
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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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
Agent & docs
FAQ
About Chester Pike, The Rise, Newcastle upon Tyne, NE15
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