3-bedroom house · NE4 9AG
Sold STCListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautiful Three-Bedroom Semi-Detached Family Home Situated in a popular residential location, this well-presented three-bedroom semi-detached home offers spacious and practical accommodation, making it an ideal purchase for first-time buyers, growing families, or investors.
The property welcomes you with a useful front porch leading into a bright and inviting interior.
The ground floor features a breakfasting kitchen, a convenient downstairs WC, and a comfortable living room with French doors opening onto the rear garden, creating a seamless connection between indoor and outdoor living.
Upstairs, there are three bedrooms and a family bathroom, providing comfortable accommodation for the whole family.
Externally, the property benefits from an enclosed rear garden with a patio area, perfect for relaxing or entertaining during the warmer months.
To the front there is a block paved driveway leading to the garage offering additional storage or secure parking.
Ideally located close to a wide range of local amenities, reputable schools, and leisure facilities, the property also enjoys excellent road links and convenient public transport connections, making commuting easy.
Early viewing is highly recommended to fully appreciate everything this fantastic home has to offer.
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 53, Elder Drive, Newcastle upon Tyne
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