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See how verdicts work2-bedroom flat · NE32 4XH
Listing removedListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented first floor, two-bedroom flat offers a superb blend of modern living and practical design, ideal for first-time buyers, professionals, or those seeking a convenient downsizing opportunity.
Upon entry, you are welcomed into a spacious open plan living area that combines lounge and dining spaces.
The contemporary kitchen is seamlessly integrated into this space, featuring ample storage and worktop surfaces.
Both bedrooms are generously proportioned, with the principal bedroom benefiting from a built-in wardrobe, offering excellent storage solutions without compromising on floor space.
The second bedroom is perfectly suited for use as a guest room, home office, or nursery, adapting to your lifestyle needs. A well-appointed bathroom completes the interior.
There is also additional land available for parking, which is a rare and valuable feature in this location (please enquire for further details regarding the extent and usage of this land).
In addition to the allocated space, the flat comes with its own garage, providing secure storage for a vehicle, bicycles, or other belongings.
The property is situated in a great residential area, with local amenities, transport links, and green spaces all within easy reach, making it an excellent choice for those seeking both comfort and convenience.
Early viewing is highly recommended to fully appreciate the quality and features of this delightful flat.
Auctioneers Comments: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.’ Hallway 1.42m x 1.76m Lounge / diner 3.51m x 4.58m Kitchen 2.68m x 2.05m Master Bedroom 3.11m x 3.66m Bedroom 2 2.69m x 2.97m Bathroom 1.65m x 1.99m Parking - Garage Allocated private parking with the addition of a garage Disclaimer These particulars,whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
All measurements are approximate using a Sonic tape and should not be relied upon for complete accuracy.
If you require exact measurements, please ask one of our negotiators to arrange an appointment to view the property, when your own measurements may be taken.
It should not be assumed that the property has all necessary planning, building regulation or other consents. The Agent has not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Leicester Way, Jarrow, NE32
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