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3 Bed Semi-Detached House, Refurb/BRRR, Newcastle upon Tyne, NE5 2HE £175,000

Silver Lonnen, Newcastle upon Tyne, Tyne and Wear, NE5 2HE - a year ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE5
  4. NE5 2HE
Refurb/BRRR
Planning
ROI: 3%
~93 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE5
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Property History

Listed for £175,000

August 7, 2024

Floor Plans

Description

  • Three spacious bedrooms +
  • Substantial reception room +
  • Functional kitchen and bathroom +
  • Affordable B council tax band +
  • Opportunity for renovation +
  • Potential for extension +
  • Ideal for property developers +
  • Semi-detached house +
  • Custom design potential +
  • Investment opportunity +

Introducing a unique opportunity for buyers, this semi-detached development property is currently available for purchase. It is a three-bedroom house with one reception room, one kitchen, and one bathroom. The property is in B council tax band, making it an affordable choice for those looking to invest in property development.

The property does require renovation, offering a fantastic opportunity for those with a vision to transform it into a delightful family home or a profitable rental property. It provides an excellent foundation for those who wish to implement their own design ideas and create a space that truly reflects their individual taste and style.

The house benefits from three spacious bedrooms, each providing ample space for relaxation and privacy. The bathroom and kitchen are both functional and provide a solid base for modernisation. The reception room is a substantial size, perfect for both entertaining guests and enjoying quiet, cosy evenings in.

This is a promising listing for buyers who are not shying away from a renovation project and see the potential in this property. The semi-detached nature of this house also provides the chance for extension, subject to necessary planning permissions.

In summary, this property is a treasure trove of development potential. Whether you're a seasoned developer or a first-time buyer looking to put your stamp on a new home, this property could be the perfect project for you. It's not just a house; it's a chance to create a home from a blank canvas.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CHH240269/2

Agent Details

Reeds Rains, Chapel House

0191 625 0170

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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