We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · ST5 1DQ
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Heywoods welcomes this two bedroom flat on Lockwood Street, offering bright, well-proportioned accommodation over two levels, with a spacious lounge diner, separate kitchen and scope to add your own personal touch.
Accessed via an external communal walkway, the entrance hallway leads to the living accommodation, with stairs rising to the upper level.
The lounge diner provides space for seating and a dining table, with a broad window bringing in plenty of natural light.
A decorative fireplace and patterned feature wall create a welcoming focal point.
The separate kitchen features light wood-effect wall and base units, contrasting work surfaces, tiled splashbacks and a sink beneath the window, alongside space for freestanding appliances.
Upstairs are two double bedrooms, with a built-in storage cupboard in the second bedroom.
The bathroom comprises a white suite with a bath, electric shower and glass screen, wash basin and WC, complemented by partially tiled walls.
Close to Newcastle-under-Lyme town centre, the property is conveniently placed for shops, cafés, restaurants and everyday amenities.
The town centre bus station offers connections to surrounding areas and Stoke-on-Trent railway station, while access to Junction 15 of the M6 supports travel further afield.
Viewing is recommended to appreciate the space, layout and potential on offer.
EPC Rating: C Kitchen (3.19m x 2.66m) Lounge / Diner (4.67m x 3.47m) Main Bedroom (4.65m x 2.59m) Bedroom Two (3.93m x 2.55m) Bathroom (1.94m x 1.65m) Parking - On Street Disclaimer These particulars are provided for general guidance only and do not form part of any offer or contract.
Whilst every effort has been made to ensure the information is accurate, it should not be relied upon as statements or representations of fact.
Neither the vendor nor the agent make any warranty or representation regarding the property and the agent has no authority to do so on behalf of the vendor.
All measurements, areas and distances are approximate and photographs are for illustrative purposes only.
Fixtures, fittings, appliances and services referred to have not been tested and no guarantee can be given as to their condition or working order.
Material information has been provided by the seller and other sources and should be independently verified by prospective purchasers through inspection and by consulting their solicitor or surveyor.
If your offer is accepted, a £36 fee will apply for Anti-Money Laundering identity checks.
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
.png)
FAQ
About 53 Lockwood Street, Newcastle
Explore nearby