2-bedroom flat · NE28 7JS
Sold STCListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** TWO BEDROOM TOP FLOOR APARTMENT ** VERY SPACIOUS ** GREAT FIRST TIME BUY ** ** ENSUITE TO MASTER BEDROOM ** COMMUNAL GARDENS ** AMPLE OFF STREET PARKING ** ** SECURE INTERCOM ENTRY SYSTEM ** COUNCIL TAX BAND A ** ENERGY RATING D ** ** RICHARDSON DEES PARK 0.9 MILES ** SILVERLINK RETAIL PARK 2.3 MILES ** ** CLOSE TO MAJOR ROAD LINKS TO COAST AND NEWCASTLE CITY CENTRE ** ** LEASEHOLD 125 YEARS FROM 01.01.2003 ** Communal Entrance - A very well maintained area with staircase to the top floor.
Entrance Lobby - Leading to .. Hallway - Doors lead off to the lounge, two bedrooms and bathroom/WC. Lounge - 4.34m x 3.81m - Double glazed window to the rear, radiator and access to kitchen.
Kitchen - 3.28m x 3.10m - Fitted with a range of wall and base units.
One and a half bowl sink unit with built in electric oven and hob with overhead extractor hood, plumbed for washing machine and space for a fridge freezer and dishwasher.
Double glazed window and radiator. Master Bedroom - 3.10m x 3.02m + entrance - Double glazed window to the front, radiator, built in wardrobe and access to en-suite.
En-Suite - Fitted with a white suite comprising step in shower cubicle, WC and wash hand basin.
Bedroom 2 - 5.26m x 2.41m - A good sized second bedroom with double glazed window to the front and radiator. Bathroom - Comprising: WC, was hand basin, bat with overhead shower and part tiled walls.
Radiator and extractor fan. External - There are communal gardens and grounds and ample parking space.
Para - Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2-Good outdoor Three- Good outdoor, variable in-home Vodafone - Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
Agent & docs
FAQ
About Kings Vale, Wallsend
Explore nearby