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 work4-bedroom bungalow · BT33 0HP
Listing removedListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elevated site 4 Bedrooms Sunroom Enclosed gardens Spectacular sea and mountain views Minutes’ walk to town centre Greenhill Park sits at the foot of Donard Forest, gateway to the Mourne Mountains, in the ever-popular Tullybrannigan area of Newcastle.
Minutes’ walk to the town centre and award-winning promenade.
23 Greenhill Park enjoys an envious position at the top of the cul de sac, set in spacious gardens providing uninterrupted panoramic views over Newcastle town and across the Irish Sea with the Mourne Mountains as a backdrop!
Tastefully finished throughout retaining the character and charm of the original property!
ACCOMMODATION (All measurements are approximate) Entrance - Belfast brick surround, hardwood door opening into porch with antique terracotta quarry floor tile, solid pine panelling to walls & ceiling, through to… Hallway - Solid wood floor, solid pine ½ wall panelling, leading off to… Lounge - 14’1” x 11’9” (4.3m x 3.6m at widest) Solid wood floor continued through from hallway, fireplace with antique terracotta quarry tile surround, feature exposed beam ceiling Dining Room - 11’5” x 7’10” (3.5m x 2.4m at widest) Solid wooden floor continued, archway leading through to… Kitchen - 11'1" x 9'2” (3.4m x 2.8m at widest) Rustic slate floor, range of high- & low-level solid wood farm-house style kitchen units, tiled work surfaces & splash back, Belfast sink with mono tap, glazed French doors opening in to… Sunroom - 14’5” x 12’9” (4.4m x 3.9m at widest) Rustic slate floor continued, feature exposed ceiling beams, sliding patio doors opening to rear gardens Bedroom 1 - 13’5” x 11’9” (4.1m x 3.6m at widest) Solid wood floor, front facing Bedroom 2 - 12’5” x 9’10” (3.8m x 3m at widest) Solid wooden floor, rear facing Bathroom - 6’ 0” x 6’ 11” (1.83m x 2.12m at widest) White suite comprising low flush WC & pedestal WHB, panel bath, rustic slate floor First floor - Bespoke handcrafted staircase with handrail onto landing Bedroom 3 - 13’1” x 10'6" (4m x 3.2m at widest) Carpet, Velux window, feature fireplace with cast iron surround (dormant), access to eaves for storage, rear facing Bedroom 4 - 13’9” x 9’10” (4.2m x 3m at widest) Carpet, Velux window, access to eaves for storage, rear facing Shower Room - White suite comprising low flush WC & wall mounted WHB, raised shower tray with electric shower, fully tiled floor & walls External Attached Garage - 18’ 7” x 10’ 11” (5.67m x 3.32m at widest) Dual access with up & over door to front and hardwood door to rear, light & power Front - Wraparound driveway, mature hedgerows & shrubbery Rear - Large enclosed gardens with lawn, mature trees & shrubbery, paved patio area, raised beds with pond, summer house, 2 x garden shed PLEASE NOTE: All measurements quoted are approximate and are for general guidance only.
Any fixtures, fittings, services, heating systems, appliances or installations referred to in these particulars have not been tested and therefore no guarantee can be given that they are in working order. Photographs and description have been produced, in good faith, for general information but it cannot be inferred that any item shown is included with the property.
The Vendor does not make or give and neither Welet Wesell nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.
Additional Services If you are thinking about selling your property, we would be happy to offer you a market valuation.
We can also put you in touch with a Financial Adviser to assist you with arranging a mortgage - please contact our office if you would like more information.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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
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FAQ
About 23 Greenhill Park, Newcastle, BT33 0HP
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