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 detached house · NE15 7SG
Listing removedListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious and beautifully presented three-bedroom family home, situated in a highly sought-after residential area.
This charming property offers versatile living accommodation, thoughtfully designed to meet the needs of a modern family, and benefits from off-street parking on a block paved driveway as well as an enclosed rear garden.
Upon entering, you are welcomed by an inviting hallway that leads seamlessly into a generous dual aspect lounge/dining area, perfect for both relaxing and entertaining.
The well-appointed dining kitchen features a range of modern units, complete with built in cooking appliances and a convenient breakfast bar, making it an ideal space for family meals and social gatherings.
Completing the ground floor are a practical utility room and a downstairs WC, providing functionality and convenience for everyday living.
Upstairs, the property comprises three well-proportioned bedrooms.
The family bathroom is fitted with a white suite, including a WC with concealed cistern, a hand wash basin set within a matching vanity unit, and a bath.
Externally, the property benefits from a block paved driveway providing ample off-street parking and leading to an attached garage, suitable for storage purposes.
The fully enclosed rear garden is designed for low-maintenance living, featuring a block paved patio area, a gravelled section, and raised planters, ideal for outdoor entertaining or simply enjoying some outdoor space.
This superb family home is conveniently located for access to local shops, amenities, schools, and transport links, making it an ideal choice for families seeking both comfort and convenience.
Early viewing is recommended. Terms & Timescales This property is being sold subject to unconditional purchase premium auction terms and conditions. Immediate exchange of contracts.
Completion must take place within 28 days. Legal Pack A legal pack is available for this property.
We strongly advise all potential bidders thoroughly read through the legal pack prior to bidding, paying particular attention to the special conditions.
If you are unsure of anything contained within the pack, please consult a legal representative.
Deposit In order to secure the purchase a buyer will pay a deposit of 5% (subject to a minimum of £3,600) which contributes towards the overall purchase price of the property.
The deposit is non-refundable. Buyer Fees This property is sold subject to a non-refundable purchase premium of 2.4% inc VAT, subject to a minimum of £3,600 inc VAT.
This does not form part of the purchase price.
More Information For further information please contact our auction department on or email ONLINE AUCTION NOTICE I hereby acknowledge and confirm the following: Once placed, my bid cannot be withdrawn and will stand until 2 hours after the auction closes.
My bid may be accepted by the seller at any time before the close of the auction. I have read and understood the terms of the auction and my bid is placed accordingly.
I have read and understood the legal pack applicable to this property and I understand that I am bound by the special conditions contained within.
If my bid is successful at any point from now until up to 2 hours after the auction closes, I shall be bound by the lot terms and conditions as advertised online.
The auction will continue to run if there is a bid within 5 minutes of the closing time. After 5 minutes without a bid, providing the reserve price has been met, the highest bidder will be successful.
If there is another bid within 5 minutes of the last bid, the auction countdown timer will be restarted for another 5 minutes to allow further bidding.
This system makes it fairer for all parties involved and prevents last second bidding.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer.
The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.
EPC Rating: D Lounge/Diner 3.41m x 7.88m Dining Kitchen 2.84m x 5.15m Bedroom One 3.01m x 3.64m Bedroom Two 2.7m x 3.5m Bedroom Three 2.27m x 2.56m Bathroom 1.67m x 2.59m Garage 2.47m x 2.92m
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 Falstone Avenue, Newcastle Upon Tyne, NE15
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