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 bungalow · NE20 9PG
Listing removedListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A wonderful opportunity to purchase this spacious 3 bedroom detached bungalow, thought to have originally been built in the 1950’s and occupying a magnificent plot extending to around 0.612 acres, situated on Darras Road, within the Darras Hall estate.
This spacious property offers great potential for modernising or redevelopment subject to permissions.
The entrance lobby opens to a welcoming a reception hall with an impressive oak staircase to the upper floor. There is a guest cloakroom/wc and double doors from the hall to the rear garden.
The spacious dual aspect Living Room features a marble fireplace with real flame gas fire.
The magnificent sized Family/Dining Room has south facing aspect and double doors to the Kitchen, fitted with hand-built wood units, granite worktops and a range of appliances include an Aga.
The kitchen opens to a formal Dining Room with doors to a conservatory.
The generously sized Utility Room has a range of fitted cupboards, sink unit, wall mounted gas boiler and doors to the rear garden and Integral garage.
A night hall leads to all three bedrooms with the Main Bedroom having a range of fitted wardrobes and an en-suite shower room/wc.
There are two further bedrooms, and a well appointed family shower room. To the upper floor is a study/playroom and a bathroom.
The property stands in very private and well-tended gardens, fully stocked with a good range of trees, shrubs and plants.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png)
FAQ
About 126, Darras Road, Ponteland
Explore nearby