2-bedroom flat · NE5 4NY
Listing removedListed 133 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully refurbished and superbly presented 2 bedroomed ground floor flat, in a lovely quiet location at the end of a cul-de-sac.
Available unfurnished and with gas fired central heating and sealed unit double glazing, the Reception Hall, with storage cupboard, leads to the spacious Lounge.
The Kitchen has been refurbished with a range of wall and base units, sink unit, split level oven, 4 ring ceramic hob with extractor over, cupboard housing the combi boiler and door to the rear.
Bedroom 1 is to the front, with Bedroom 2 to the rear.
The Shower/WC has also been refitted with a modern white suite comprising wc with concealed cistern, wash basin with storage under, shower enclosure with rainhead and hand held shower, screen, panelled walls and chrome towel warmer.
Children and some pets are welcome.Externally, there is a generous Front Garden, lawned with plants to the borders.
There is also a good sized South facing Garden with lawn and a shed.Westgarth is pleasantly situated within Whorlton Grange, with good access to local schools and other amenities.
There are good road and public transport links into the city along with good access to Newcastle International Airport.
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 137, Westgarth, Newcastle Upon Tyne
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