2-bedroom semi-detached house · NE27 0SU
Listing removedListed 307 days
Opportunity summary
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About
Situated on Wark Avenue in Shiremoor, a two bedroom semi detached house available with NO ONWARD CHAIN.
In need of some cosmetic updating, the property briefly comprises, to the ground floor; entrance porch, hall, lounge, dining kitchen and a CONSERVATORY.
Upstairs there are two double bedrooms and a wet room/WC. Externally there is a garden and pathway to the front and garden to the rear. Gas central heating and double glazing.
To arrange a viewing call COOKE & CO. Ground Floor Entrance Porch UPVC entrance door with double glazed windows to the front and sides. Further door leads into the hallway.
Hall Staircase to the first floor. Door to the lounge.
Lounge 4.14m x 3.63m A spacious main reception room with double glazed window to the front, feature fireplace, door to the kitchen, understairs cupboard, radiator.
Kitchen/Diner 5.05m x 1.93m An 'L' shaped room fitted with a range of wall and base units, sink unit, gas cooker point, breakfast bar, space and plumbing for a washing machine and a tumble dryer and space for a fridge, built in cupboards, part tiled walls.
Door to the side and to the rear leading to the conservatory, double glazed window to the rear.
Additional Kitchen Photo Additional Kitchen Photo Conservatory 4.67m x 2.74m A good size room with double glazed windows to the sides and rear, double glazed French door leads to the rear garden, tiled floor.
First Floor Landing Doors lead to the two bedrooms and to the wet room. Double glazed window to the side.
Bedroom One 4.27m x 3.02m Double glazed window to the front, built in wardrobe with sliding mirror fronted doors, radiator.
Bedroom Two 3.1m x 2.87m Double glazed window to the rear, radiator.
Wet Room/WC 1.88m x 1.78m Fitted with a shower, low level WC and wash basin, double glazed frosted window to the rear. External To the front of the property is a lawned area.
To the rear there is a good size garden with a fenced boundary.
Additional External Photo Tenure Freehold Council Tax North Tyneside Council Tax Band A Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on . **Your home may be repossessed if you do not keep up repayments on your mortgage** Location Map
Value & comps
No previous sales on record.
Returns
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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.
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About Wark Avenue, Shiremoor, NE27
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