2-bedroom house · NE15 7LG
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Wilson Defraine are delighted to offer this beautifully presented two-bedroom property, which has undergone a comprehensive refurbishment and is finished to a very high standard throughout.
The property offers spacious, modern accommodation with neutral décor, contemporary fixtures and fittings and an excellent amount of storage, making it ready for its new occupier to simply move in and enjoy.
On entering the property, the welcoming hallway provides access to the ground-floor accommodation together with a useful under stair storage cupboard.
The modern fitted kitchen features an attractive range of grey wall and base units complemented by a black composite sink and drainer with contemporary black swan-neck mixer tap.
Integrated cooking facilities include an electric hob, oven and extractor, with additional space provided for a washing machine and fridge/freezer.
Oak-effect laminate flooring completes the modern finish, while a window to the front and double-glazed sliding doors opening onto the rear garden provide plenty of natural light.
The separate lounge is equally well presented, featuring neutral décor, laminate flooring, double radiator and an impressive floor-to-ceiling window.
A grey-carpeted staircase with window to the front leads to the first-floor landing, where there are three generous storage cupboards, one of which houses the combi boiler.
There are two spacious double bedrooms, both finished with grey carpeting, radiators and LED lighting.
The contemporary bathroom is fitted with a modern white suite comprising bath with shower over and glazed shower screen, wash hand basin with mixer tap and chrome heated towel rail.
Modern tiling surrounds the bath and shower area, with complementary vinyl flooring and a frosted double-glazed window. Loft access is also provided from the bathroom.
A separate WC with low-level toilet, modern vinyl flooring and frosted window provides additional convenience.
Externally, the property benefits from gardens to both the front and rear, together with ample external storage.
Of particular note is the south-facing rear garden, providing an excellent outdoor space to enjoy throughout the warmer months.
A superbly refurbished home offering generous room sizes, excellent storage and contemporary accommodation throughout. Early viewing is strongly recommended.
Council Tax Band: A (Newcastle City Council) Deposit: £825 Holding Deposit: £196.15
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 3 Honister Close, Newcastle upon Tyne
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