2-bedroom flat · NE6 5AA
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** GROUND FLOOR FLAT ** STYLISH INTERIOR ** NO OWARD CHAIN ** Cloud Estates are thrilled to welcome to the sales market this two bedroom ground floor flat in the heart of Heaton on Stannington Avenue.
The desirable location will appeal to a wide variety of buyers and is perfect for someone who is looking to live in Heaton.
The accommodation briefly comprises; entrance and hallway, doors leading to a bright living room with bay window and feature fire place with gas stove, a gorgeous fitted kitchen with a range of wall and base units, space for appliances, gas hob and electric oven.
Two double bedrooms, modern bathroom with hand wash basin, WC and bath with shower over. Door from the kitchen leading to the private rear garden.
The property has double glazing and is warmed by gas central heating.
One of the best features is the stunning peaceful Heaton Park on its doorstep perfect for walks or to take a seat and watch the world go by, visited daily by all age groups to enjoy the flowers, history, wildlife and weekly events.
The property is situated within close proximity to also explore nearby Ouseburn Park and Jesmond Dene and has the abundance of amenities and transport links.
There are supermarkets, restaurants, coffee shops, cafes and schools on the property's doorstep as well as being located within a short drive of Newcastle City Centre.
Please contact Liane at Cloud Estates to arrange your viewing. 360 TOUR ON LISTING. Please note we have not tested any apparatus, fixtures, fittings or services.
Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
FAQ
About Stannington Avenue, Heaton, Newcastle Upon Tyne
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