3-bedroom flat · NE4 5LQ
Listing removedListed 52 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Croydon Road. This property is a three-bedroom, one-bathroom upper flat on Croydon Road, Fenham, Newcastle, (NE4).
Popular Location Situated in Benwell, Newcastle: The flat is situated in the popular area of Benwell; ideal for its access to Newcastle city centre, offering a wealth of shopping, restaurant and entertainment facilities.
White Goods Included & Gifted: The kitchen includes a large integrated fridge freezer, integrated oven, hob , extractor fan and a freestanding gifted washing machine.
Public Transport Links: The property is close to ample public transport links including several bus routes and metros.
It is a 4-minute drive to St James Metro perfect for those who commute to work outside of Newcastle.
As you head upstairs, you are greeted by a comfortable living room with a built-in storage cupboard and a built-in cabinet for additional storage.
You have a fitted kitchen that features built-in appliances, including an oven, hob, extractor fan, and an integrated fridge/freezer.
The kitchen also features a freestanding washing machine which is gifted to the tenant.
On the same floor, there are three bedrooms, one large master double bedroom, and two generously sized single bedrooms. You also have a family bathroom with a bath with an overhead shower attachment.
Externally you have on-street parking to the front of the property. This house is located near many local amenities such as a hospital, schools, shops, takeaways, and other everyday necessities.
Basis: Unfurnished + White Goods + Washing Machine Gifted Early viewing is highly recommended.
This property is available with Flatfair's No Deposit solution, so you won't have to pay a traditional deposit.
Instead, you would pay a small check-in fee equal to 28% of a month's rent (+VAT) - significantly less than a five-week deposit.
This fee is non-refundable and is not a deposit so it cannot be used towards covering the cost of any future damages that might occur.
Council Tax Band: A (Newcastle City Council) Holding Deposit: £173.07
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
We're still gathering serviced-accommodation data for this area.
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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 Croydon Road, Newcastle upon Tyne, NE4
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