3-bedroom bungalow · NE40 4JT
Sold STCReduced £25k (−8.5%) on 20 MayListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DETACHED BUNGALOW | PANORAMIC VIEWS | RARELY AVAILABLE | Located in a highly desirable position in Greenside, this attractive three bedroom detached bungalow enjoys panoramic views across the surrounding countryside towards High Spen, offering a wonderful sense of space and tranquillity.
The property provides generous and well-proportioned accommodation, ideal for a range of buyers including downsizers, families or those seeking single-level living in a peaceful setting.
Greenside is a popular village location offering a community feel whilst remaining conveniently positioned for access to Ryton, Blaydon and Newcastle, with local shops, amenities and transport links all within easy reach.
Early viewing is highly recommended to appreciate the location, views and potential this lovely bungalow has to offer. Energy Efficiency Rating: D. Council Tax Band B.
Porch 1.13m x 1.01m Access to; Entrance Hall - 6.13m (MAX) x 2.15m (MAX) Radiator Living Room - 4.89m x 3.66m Double glazed sliding patio doors leading to rear garden, storage cupboard, two radiators.
Kitchen - 3.66m x 2.89m Range of wall and base units with worktop surfaces incorporating stainless steel sink unit with mixer tap and drainer, integrated fridge freezer, integrated electric oven and hob with stainless steel extractor fan above, space for a washing machine, double glazed window to side elevation.
Bedroom One - 4.11m (MAX) x 3.66m Double glazed bay window, radiator. Bedroom Two 3.80m (MAX) x 3.66m Double glazed bay window, radiator.
Bedroom Three - 2.97m x 2.63m Double glazed window to side elevation, radiator.
Bathroom - 1.80m x 1.79m Panel bath with shower above, sliding glass shower screen, radiator, pedestal wash basin, WC, single glazed panelled window, access to loft.
Conservatory - 4.90m x 1.87m Double glazed windows, PVC door leading to rear garden, storage cupboard, boiler.
External Rear garden containing mix of lawn and paved areas, driveway to the side and front garden containing mix of paved and lawn areas. Material Information Tenure- Freehold. Council Tax: Band D.
Authority; gateshead.gov.uk/article/2641/2023-24-Council-Tax-valuation-bands Utilities: Mains sewerage, water, gas and electricity are connected. Heating is via central heating.
Broadband: Follow the link to check broadband providers and speeds; broadbandcheck.co.uk Mobile Phone Coverage: Follow the link to check mobile signal for all networks; signalchecker.co.uk Parking: There is a driveway available at the property for parking.
We have not been advised of any restrictive Covenants at the outset of marketing.
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

FAQ
About Lead Road, Greenside, Ryton, NE40
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