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 work1-bedroom flat · NE4 5AY
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £80,000 TO £90,000 • CHAIN FREE • ONE BEDROOM GROUND FLOOR FLAT WITHIN WALKING DISTANCE TO NEWCASTLE CENTRE CENTRE AND ST JAMES PARK AND CLOSE TO LOCAL AMENITIES, TRANSPORT LINKS AND WITHIN WALKING DISTANCE TO LEAZES PARK COMMUNAL GARDENS AND PARKING TO REAR • SECURE ENTRY SYSTEM • COUNCIL TAX BAND A ENERGY RATING D • LEASEHOLD 125 YEARS FROM 12.12.2002 • INVESTMENT OPPORTUNITY OR FIRST TIME BUY Communal Entrance - Secure Entry system via fob into communal area and access to property which is situated on ground floor.
Entrance Porch - Storage cupboard door into inner hallway Inner Hallway - 1.90 x 1.17 max (6'2" x 3'10" max) - Access to kitchen, lounge, bedroom and bathroom Kitchen - 3.51 x 3.06 (11'6" x 10'0") - Rear Elevation.
Fitted with wall and floor units with complimentary work surfaces, integrated fridge freezre, dishwasher, washing machine, built in oven and hob with overhead extractor hood, sink unit and boiler.
Lounge - 3.84 x 3.81 (12'7" x 12'5") - Two double glazed windows, radiator, electric fireplace.
Bedroom - 3.86 max x 3.75 (12'7" max x 12'3") - Double glazed window, radiataor, Front Elevation Bathroom - 2.92 x 2.76 (9'6" x 9'0" ) - Double glazed window, ladder style radiator, shower cubicle, bath, WC and wash hand basin.
Part tiled walls and tiled floor. Leasehold - Lease 125 years from 12 December 2002.
we have been advised that Ground Rent is £10 per annum payable to Newcastle City Council and Services Charges are between £200 and £300 per annum.
This information must be confirmed via your legal represenative.
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 and in-home 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 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
Agent & docs
FAQ
About Leazes Court, Barrack Road, Newcastle Upon Tyne
Explore nearby