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See how verdicts work2-bedroom flat · NE2 2ER
For saleListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer this well-presented two-bedroomed second-floor flat within this very popular retirement development for persons over 60 years of age.
Centrally located, the property is convenient for all local amenities; the Acorn Road shopping area, restaurants, bars, cafes, library and swimming pool along with local bus services and West Jesmond Metro Station.
The property benefits from a 24-hour alarm call service, resident estate manager, residents communal lounge to the first floor and residents and visitors parking.
To the second floor there is also a communal quiet sitting area. The flat has night storage and wall mounted electric heating and this is complemented by Upvc framed double glazed windows.
The living room and both bedrooms benefit from a south facing aspect meaning these rooms are very light and airey. Early vacant possession is offered and an internal viewing is recommended.
Entrance Portico Front door leading to Communal Hall Where the Manager's office is located, lift to First Floor Communal living room, sun lounge and small kitchen Second floor Communal Quiet Sitting Area Private Front door to Entrance Hall Large walk in cupboard with hanging and shelving space, Creda night storage heater Living Room 4.9m x 3.3m (about 16'0" x 10'9") Dimplex Duo Heat electric radiator, Upvc framed double glazed winedow, cornice to ceiling, fire surround with onyx hearth, tv aerial point, glass panelled door to Kitchen 2.8m x 1.9m (about 9'3" x 6'3") Fitted base units and wall cupboards, stainless steel sink unit, partly tiled walls, fluorescent lighting, Vent Axia extractor fan, electric cooker point Bedroom 1 3.8m x 3.3m (about 12'9" x 10'9") Dimplex wall mounted electric convector heater, 2 Upvc framed double glazed windows, ceiling to floor mirror and sliding door wardrobes with hanging and shelving space Bedroom 2.
3.8m x 2.1m (about 12'6" x 6'9") Dimplex wall mounted convector heater, Upvc framed double glazed window Bathroom 2.4m x 1.9m (about 6'6" x 6'3") Partly tiled walls, panelled bath with Redring Expressions 500 over bath electric shower, wash basin, low level wc.
Extractor fan. Sunhouse wall mounted electric can heater, louvre doored built in cupboard with shelving and plumbed for automatic washing machine.
Outside Well tended communal gardens surrounding with resident car parking Council Tax Band " B" Energy Performance Rating " " Service Charge We have been informed that the service charge for 28 Woodland Mews is £440.26 per calendar month Price £160,000 Viewing by appointment through Andrew Lawson Estate Agent
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 28, Woodland Mews, Newcastle upon Tyne
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