3-bedroom bungalow · NE38 9HF
Listing removedReduced £10k (−3.5%) on 21 JulListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A rare opportunity to purchase this three bedroom semi-detached bungalow situated on the ever-popular Graylands, High Rickleton, a highly sought-after location offering peaceful surroundings and excellent convenience.
The property welcomes you with a porch entrance leading into a spacious entrance hall, providing access to the main living accommodation.
The generous living room offers a bright and comfortable space to relax, while the modern fitted kitchen is well-presented and ideal for everyday cooking.
To the rear, a delightful sun room enjoys views over the garden, creating the perfect spot for dining or unwinding while making the most of the natural light.
The bungalow features three well-proportioned bedrooms along with a family bathroom, making it an ideal choice for families, downsizers, or those seeking single-level living.
Externally, the property continues to impress with a large driveway providing ample off-street parking, an extended garage offering excellent storage or workshop potential, and a fantastic west-facing rear gardengenerous in size and enjoying plenty of afternoon and evening sunshine.
Located in one of the area's most desirable residential settings, this home offers a wonderful combination of space, comfort, and outdoor enjoyment.
Early viewing is highly recommended to appreciate all that this superb bungalow has to offer. Council Tax Band: C Tenure: Freehold
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
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FAQ
About 22, Graylands, Washington
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