# 1 bedroom bungalow for sale (NE28 7DL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 41 ARCHER STREET, WALLSEND, TYNE AND WEAR NE28 7DL |
| Price | £80,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £80,000 Aug 2023 |

## Description

**NO UPPER CHAIN & VACANT POSSESSION**  **ADDITIONAL LAND TO SIDE**

Unique dorma style, one bedroom bungalow, with potential to extend. The property briefly comprises of entrance hall, open plan lounge and dining area, fitted kitchen. To the first floor the bedroom is spacious with a dorma window to the front and plenty of storage space. There is a  bathroom. The accommodation features gas central heating via radiators, double glazing. 

Externally there is a south facing, low maintenance garden which is mainly paved with additional space to the side. Positioned close to local amenities, schools, with great transport and road links. Essential viewing required.

To arrange a viewing email:-  

36-degree Virtual Tour:  

Council Tax Band: A

Tenure: Leasehold

Length Of Lease: 911

## Property Photos

- ![Photo](/listings/photos/131443115/204052)
- ![Photo](/listings/photos/131443115/204053)
- ![Photo](/listings/photos/131443115/204054)
- ![Photo](/listings/photos/131443115/204055)
- ![Photo](/listings/photos/131443115/204056)
- ![Photo](/listings/photos/131443115/204057)
- ![Photo](/listings/photos/131443115/204058)
- ![Photo](/listings/photos/131443115/204059)
- ![Photo](/listings/photos/131443115/204060)
- ![Photo](/listings/photos/131443115/204061)
- ![Photo](/listings/photos/131443115/204062)
- ![Photo](/listings/photos/131443115/204063)
- ![Photo](/listings/photos/131443115/204064)
- ![Photo](/listings/photos/131443115/204065)
- ![Photo](/listings/photos/131443115/204066)

## Floorplans

- ![Floor Plan.](/listings/photos/131443115/204067) - Floor Plan.

## EPC Graphs

- ![EPC](/listings/photos/131443115/204068) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 41 ARCHER STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7DL | £80,000 | 25/08/2023 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 42A MCNAMARA ROAD, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7DY | £160,000 | 08/12/2023 | Detached |
| [Same street] 43 ARCHER STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7DL | £59,000 | 05/04/2023 | Terraced |
| THE PLANTATION CHURCHILL STREET, WALLSEND, NORTH TYNESIDE, TYNE AND WEAR, NE28 7TB | £400,000 | 28/10/2022 | Detached |

**Street average:** £59,000 (1 sale)
**Area average:** £280,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £333,681 (29 Detached, NE28, 2024–2026)
- **Deviation:** -76%

## Rental Range

*ONS Price Index of Private Rents (North Tyneside). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £751/mo
- **Realistic:** £834/mo
- **Optimistic:** £917/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £489/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| Studio Flat, Tynemouth Road, NE28 | £550/mo | 1 | 0.67 miles | OpenRent |
| 1 Bed Flat, High Street East, NE28 | £550/mo | 1 | 0.72 miles | OpenRent |

**Average rent: £550/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.69% (weak for cashflow)
- **Max investor price (0.8%):** £68,750
- **Target investor price (1%):** £55,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £550/mo).*

- **Gross yield:** 8.3%
- **Cost-to-rent:** 12.1×
- **Monthly cashflow:** £155/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 19.6%
- **10y growth:** 35.7%

## House Price Index (HM Land Registry)

*Official index for North Tyneside; Detached series; as of March 2026.*

- **1y growth (index):** -1%
- **5y growth (index):** 18.7%
- **10y growth (index):** 40.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)