2-bedroom flat · NE2 1NQ
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates welcomes to the market this well-presented two-bedroom ground floor Tyneside flat, ideally situated in the popular and convenient area of Sandyford.
Offering well-proportioned accommodation, a private yard and no onward chain, the property would make an excellent purchase for first-time buyers, couples or investors alike.
The property opens into a welcoming living space, with a generous lounge area providing plenty of room for both relaxing and entertaining.
The room benefits from good natural light, with the neutral décor creating a comfortable and homely feel throughout.
There is also space for a dining area, making this a practical room for everyday living.
The kitchen is well equipped with a good range of fitted wall and base units, complemented by contrasting work surfaces and tiled splashbacks.
There is a range of space for freestanding appliances, as well as plenty cupboards for storage and useful worktop space. A window provides natural light to this practical kitchen area.
There are two well-proportioned bedrooms, both offering versatile accommodation and space.
The principal bedroom benefits from a beautiful bay window, while the second bedroom would work equally well as a guest room, home office or additional bedroom.
The bathroom has been fitted within the last three years and is presented in excellent condition, featuring a bath with overhead shower, wash basin and toilet, complemented by tiled walls and a neutral finish.
Externally, the property benefits from a private yard, providing a useful outdoor space for seating, entertaining or simply enjoying some fresh air.
Located in Sandyford, the property is ideally positioned for access to a fantastic range of local amenities, including shops, cafes, bars and restaurants.
There are excellent public transport links nearby, while the Coast Road provides convenient access towards the coast and into Newcastle city centre.
The property's location makes it particularly appealing to those looking for easy access to both the city and the surrounding coastal areas.
Lounge (4.86 x 4.36 (15'11" x 14'3")) Kitchen (3.97 x 2.55 (13'0" x 8'4" )) Bedroom 1 (3.92 x 3.26 (12'10" x 10'8")) Bedroom 2 (4.36 x 3.02 (14'3" x 9'10")) Bathroom
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About 79, Goldspink Lane, Newcastle Upon Tyne
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