1-bedroom flat · NE5 2LY
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2996291. Ground floor flat with a private rear garden and two parking spaces. Part of a private, stone-built, farmhouse conversion.
Four apartments have been created in the old farmhouse, Blackswine Farm. This cosy, character full property makes a lovely work from home, home.
The kitchen is modern with a ceramic hob, electric oven, fridge/freezer and breakfast bar. There is a washing machine/tumble dryer and dishwasher.
The large living room has a multi fuel log burner and chandelier. The furniture is modern. Great fibre broadband provision. The private front door to the apartment opens onto a characterful hallway.
There is a showerroom with power shower but no bath. The central heating and hot water is powered by a gas combi boiler. Great access to both arterial bus routes into the city centre and to the A1M.
Private off street parking is immediately outside the front door. The property has a secluded, private rear garden area with a rotary clothes dryer.
There is a porch area to the front to enjoy Starling murmurations. Vert quiet development, would suit a single or couple.
Summary & Exclusions: - Rent Amount: £895.00 per month (£206.54 per week) - Deposit / Bond: £980.00 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 04 October 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - Property has garden access - Property has fireplace - EPC Rating: C If calling, please quote reference: 2996291 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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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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 Garthfield Crescent Westerhope, Newcastle Upon Tyne
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