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    Data sources: HM Land Registry · EPC Open Data · Ordnance Survey · ONS and other open data.

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    1. Home
    2. Properties
    3. 2 bed flat for auction in Park Road, Tyne and Wear
    Full property analysis
    OverviewAboutValue & compsAuctionReturnsDealAreaAgent & docsFAQ
    ⚖

    Modern Method of Auction

    Auction date not yet published

    Stricter Pursue picks

    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.

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    1 / 5

    Park Road, Tyne and Wear

    2-bedroom flat

    779 sq ft1 bath
    Starting price
    £80,000
    Modern Method of AuctionBuyer's fee 4.5%

    For sale · Listed 1 day

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    Opportunity summary

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    About

    The property

    A spacious and well-presented two-bedroom duplex apartment situated within the popular Cedars development, offering approximately 779 sq.ft. Of accommodation arranged over two floors.

    Ideal for first-time buyers, investors or those seeking convenient city living, the property enjoys excellent access to Newcastle City Centre, St James' Park, Newcastle University, the Royal Victoria Infirmary and a wide range of local amenities.

    The accommodation briefly comprises an entrance hall leading to a generous open-plan lounge and dining room, providing ample space for both relaxing and entertaining, together with a fitted kitchen.

    To the first floor are two well-proportioned double bedrooms and a family bathroom.

    The duplex layout offers a house-like feel, while the generous room sizes and practical layout make it an excellent choice for a variety of purchasers.

    Externally, residents benefit from communal grounds and parking facilities within the development.

    Property Information Two Bedroom Duplex Apartment Spacious Lounge/Dining Room Fitted Kitchen Family Bathroom Approx. 779 sq.ft.

    (72.4 sq.m.) Popular Residential Development Ideal First Time Buy or Investment Excellent Access to Newcastle City Centre EPC Rating: B Council Tax Band: A Service Charge: £2,269 per annum Ground Rent: £33 per annum This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").

    Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

    A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

    The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.

    This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

    Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.

    Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

    Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.

    Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

    Key information

    Price per sq ft
    £103/sq ft
    Based on 779 sq ft (72 sq m)
    Floor area
    779 sq ft (72 sq m)
    Reception rooms
    1
    Council tax band
    Band A
    Estimated ~£1,200/year
    Tenure
    Leasehold (110 years)
    See leasehold details below
    Local authority
    Newcastle upon Tyne
    Metropolitan District
    Lease remaining
    110 years
    Sign up free to see flood risk and more→

    Value & comps

    What is it worth?

    No previous sales on record.

    Comparable salesNo comps yet
    No comparable sales matched this property yet.
    Auction

    What is it worth at the hammer?

    Auction intelligence

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    Returns

    What does it return?

    Set an offer; the calculator follows it.

    Rent evidence
    Rental benchmark

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Archie refurb estimate: a Pro feature·

    Feeds your report · not a commitment

    0.0% below starting price

    Model

    Run the numbers.

    BTL · HMO · BRRR · SA · Flip — editable, saved scenarios
    Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios
    Investment Disclaimer

    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.

    Mortgage

    Deal

    Is it a deal?

    ✨
    Archie’s verdict
    PursueArchie has scored this property.
    Sign in to see Archie's call — Pursue, Watch or Pass — with the reasons and a suggested offer.
    4/100
    Deal score · weighted
    Watch; deal signals are weak

    Factor breakdown
    BMV discountNot calculated on auction lots — a guide price is a starting price, not an asking price.
    0/25
    Yield potential—
    0/25
    Motivation signalsNot enough data
    0/25
    Days on market1 days
    4/25
    —
    Seller motivation
    Not scored yet

    Days on market1
    Price reduction—
    STC fall-through—
    Back to market—
    Agency change—
    EPC rating—
    Listing timeline
    First listedListed at £80,00027 Oct 2026
    Still activeDay 1 on marketToday
    Strategy fit
    No strategy scores available yet.
    Article 4No HMO Article 4 held

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
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    Location
    More market detail▾

    Agent & docs

    Move it forward

    Listing agent
    Bridgfords - Newcastle Sales logo
    Bridgfords - Newcastle Sales
    listed on zoopla
    01913920358
    92 Grey Street, Newcastle Upon Tyne
    View on zoopla

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    FAQ

    Questions

    About Park Road, Tyne and Wear

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    The starting price is £80,000.

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