2-bedroom flat · NE20 9SH
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superbly presented 2 bedroomed 2nd (top) floor apartment, in a purpose built development within the sought after village of Ponteland.
With a video entry system, sealed unit double glazing and gas fired central heating, the Reception Hall, with storage and cloaks cupboards, leads to the 23' Lounge, with windows to the front and side providing considerable natural light.
The Kitchen is fitted with a range of wall and base units, with sink unit, split level oven, 4 ring gas hob with extractor over, integral fridge, freezer with matching door as well as an auto washer and a dishwasher.
Bedroom 1 is to the front and has an En Suite Shower/WC, with low level wc, wall mounted wash basin and double shower cubicle with mains shower unit. Bedroom 2 is also to the front.
The Bathroom/WC has a low level wc, wall mounted wash basin, panelled bath with mains shower over, screen and fully tiled surrounds.Externally, Louisville stands in well tended grounds, with allocated and visitor car parking.Available unfurnished, this property is conveniently situated for Ponteland's excellent village amenities, including a good choice of shops, wide selection of pubs and restaurants, a range of sporting and leisure facilities, as well as schools for all ages.
Ponteland is ideally located for Newcastle International Airport and is within excellent commuting distance of Newcastle upon Tyne.
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 17, Louisville, Newcastle Upon Tyne
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