2-bedroom flat · ST5 0AF
Listing removedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sanctuary Housing are pleased to offer this affordable 2 bedroom, first floor flat (with no lift).
We will favour applicants with a 2 bed need, however we will consider applicants with a 1 bed need subject to affordability.
Please note the main bedroom is up a second set of steep stairs so is on a different floor to the rest of the flat. For this reason it would best suit someone with an older child.
There is no garden, but a shared back yard. A paint voucher would be provided to assist with decoration costs.
EPC Rating - C Total floor space - 78 square meters Council Tax band - A Address history for the last 3 years is required and any offer of accommodation will be subject to satisfactory references.
Police checks may also be undertaken. Current rent amount: Rent - £110.47 Service - £0 Total: £110.47 An assured tenancy - a lifetime tenancy is offered, for your peace of mind and security.
In some cases, a starter tenancy is given to many new housing associations tenants. It usually lasts for a 12-month trial period. It's a type of assured shorthold tenancy.
At the end of the 12 months the tenancy converts to a lifetime assured tenancy, providing there have been no problems with anti-social behaviour or rent arrears.
* Decorating packs (Dulux Decorator Centres) offered for some homes * Dogs and Cats are not usually permitted in flats, apart from formal therapy animals, although in some cases where there is direct outdoor access permission can be given, dependent on the scheme.
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
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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 Vale View, Newcastle Under Lyme, Staffordshire
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