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See how verdicts work2-bedroom flat · NE20 9NN
Listing removedReduced £10k (−4%) on 31 JulListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the second floor of this prestigious building a superbly presented apartment that is ready to move into.
This apartment will appeal to a variety of purchasers due to its location and array of amenities close by. Access via a communal entrance hallway with staircase leading to the apartment.
The apartment itself, is spacious, light and airy and comprises of an entrance hallway, open plan lounge/dining/kitchen, two bedrooms, the principal bedroom has a dressing area and en-suite, family bathroom.
Externally allocated parking place and lovely mature communal gardens.
Property to be sold with vacant possession Entrance Hall Open Plan Lounge/Dining/Kitchen Bedroom One (3.72m x 3.02m) Dressing Area En-Suite Bedroom Two (3.52m x 2.25m) Bathroom
Value & comps
No previous sales on record.
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 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
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FAQ
About 22, Peel House, Newcastle upon Tyne
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