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See how verdicts work2-bedroom flat · NE16 3HT
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a convenient and well-established residential location, this well-presented two-bedroom ground floor flat offers an excellent opportunity for a variety of purchasers, including first-time buyers, buy-to-let investors, and those looking to downsize.
The property provides well-proportioned accommodation and offers the perfect opportunity for a new owner to personalise the décor and add their own style and finishing touches, creating a home tailored to their individual tastes.
Internally, the accommodation comprises a welcoming entrance hallway leading to the rear facing lounge, providing an ideal space for relaxing or entertaining.
The kitchen is fitted with a range of wall and base units, offering ample storage and workspace, with scope for further enhancement if desired.
The bathroom is equipped with a white suite and benefits from a shower facility over the bath.
The spacious principal bedroom is a particularly attractive feature, enhanced by a charming bay window to the front aspect.
A second generously sized bedroom provides flexible accommodation, ideal as a guest room, home office or additional bedroom.
Ideally located for access to a range of local shops, supermarkets, schools and leisure amenities.
Transport links nearby provide convenient access to surrounding towns and city centres, making this an ideal home for commuters as well as those looking to enjoy everything the local area has to offer.
Offering spacious accommodation, excellent potential and a highly convenient location. Early viewing is highly recommended.
Lounge (3.58m x 3.36m) Kitchen (2.36m x 1.96m) Bathroom (2.73m x 1.42m) Bedroom One (4.35m x 3.29m) Bedroom Two (2.51m x 2.41m) Property Information Local Authority: Gateshead Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
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 54 Ridley Gardens, Newcastle Upon Tyne
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