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See how verdicts work2-bedroom terraced house · NE17 7DB
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely two-bedroom terraced home is ready for a new buyer! Located in a semi-rural area, it boasts a lovely green space right outside.
The layout includes an entrance hall, a spacious living room, a kitchen, two bedrooms, and a family bathroom. Perfect for investors or anyone looking to personalise their living space!
Don’t miss out—schedule a viewing today! Ground Floor The property greets you with a functional entrance area, ideal for keeping outdoor belongings organized.
This area transitions smoothly into a spacious living room, which offers plenty of space for standalone furniture and includes a convenient storage cupboard.
At the rear, the kitchen/diner showcases a combination of wall and base cabinets complemented by laminate countertops.
It is fitted with integrated appliances, including an electric oven, a new gas hob, and an extractor fan, along with a new boiler.
Additionally, the kitchen provides access to the downstairs bathroom, an open staircase leading to the upper floor, and an external door that opens to the outside.
The bathroom is equipped with a three-piece suite, featuring a fitted bathtub with an overhead shower, a washbasin, and a low-level WC.
Living Room - 4.8m x 4.62m (15'8" x 15'1") Kitchen/Diner - 4.68m x 2.69m (15'4" x 8'9") Bathroom - 1.49m x 3.02m (4'10" x 9'10") First Floor On the upper level, a small landing links two generous double bedrooms.
Bedroom One - 2.88m x 4.64m (9'5" x 15'2") Bedroom Two - 2.39m x 3.62m (7'10" x 11'10") Externally The property's front offers a view of a charming green space, while the backyard boasts concrete flooring surrounded by low fencing.
Disclaimer Whilst we endeavour to ensure our sales particulars are accurate and reliable, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by WalkersXchange therefore we cannot give a guarantee as to their operating ability or efficiency.
All measurements have been taken as a guide to prospective buyers only.
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
FAQ
About Thames Street, Chopwell, Newcastle Upon Tyne, NE17 7DB
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