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See how verdicts work2-bedroom house · NE17 7JH
Listing removedReduced £5k (−7.7%) on 8 JulListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Fantastic investment opportunity to purchase this spacious two bedroom mid terrace property located in Chopwell.
This property is to be sold with the current tenant in place paying 6600 per annum.
Th e property offers good size living accommodation with a good size lounge, separate kitchen and bathroom and two double bedrooms.
The property is located close to local shops, schools and excellent bus and road links into Newcastle. The floorplan comprises Entrance hall, lounge and kitchen.
To the first floor bathroom and two double bedrooms. Further benefits include gas central heating, double glazing and enclosed rear yard.
Council Tax Band: A Tenure: Freehold Entrance Hall Double glazed entrance door and window, stairs to the first floor, door into the lounge.
Lounge (4.4m x 4.3m) Double glazed front aspect window, double radiator.
Kitchen (4.4m x 2.0m) Fitted wall and base units incorporating counter work tops with a single drainer sink unit, built in electric oven, gas hoh with extractor hood over, space for a washing machine, partly tiled walls, single radiator, two double glazed rear aspect window and rear aspect door leading to the rear yard.
First Floor Landing Access to roof space. Bedroom One (3.7m x 3.5m) Double glazed front aspect window, single radiator, built in cupboard.
Bedroom Two (2.7m x 2.6m) Double glazed rear aspect window, single radiator. Bathroom White three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level w.c.
Partly tiled walls, single radiator, extractor fan, double glazed rear aspect window. Rear Yard Mainly paved with walled boundaries, gate access and two brick built outbuildings.
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
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FAQ
About 3A, William Street, Newcastle upon Tyne
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