3-bedroom house · NE11 9JU
Listing removedReduced £5k (−3.2%) on 13 AugListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to the market this ideal family sized home, situated in a popular residential area of Lobley Hill.
The property provides a good amount of living space and is ideally located close to local schools, shops and transport links, the Metro Centre shopping mall and Newcastle City Centre are all within a ten minute drive.
The property is currently tenanted at £625 per calendar month with no history of arrears. Briefly comprising entrance hallway, kitchen and living/dining room to the ground floor.
Whilst there are three bedrooms, bathroom and family bathroom to the first floor.
Externally, there is an outbuilding and garden to the rear, whilst a paved driveway to the front provides off street parking.
Three bedroom semi detached house Close to the A1M and Newcastle City Centre Tenant in situ Council tax band A Entrance Hall Lounge (7.54 x 2.53 (24'8" x 8'3")) Kitchen (3.04 x 2.53 (9'11" x 8'3")) First Floor Bedroom 1 (4.02 x 3.40 (13'2" x 11'1")) Bedroom 2 (3.38 x 2.92 (11'1" x 9'6")) Bedroom 3 (2.79 x 2.33 (9'1" x 7'7")) Bathroom Outside Disclaimer Please be advised that these for sale details and images have been supplied to us via a third party.
We therefore cannot verify there accuracy and would recommend that you arrange to visit and take a look for yourself.
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 8, Chiltern Gardens, Gateshead
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