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See how verdicts work3-bedroom flat · NE31 2XE
Listing removedListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no upward chain , this spacious three-bedroom first-floor flat occupies a desirable end-of-terrace position and presents an excellent opportunity for buyers looking to create a home to their own taste.
The property offers a generous and versatile layout, comprising three bedrooms, each providing ample space.
A central hallway connects the principal rooms, creating a practical and welcoming flow throughout the accommodation.
The bright and spacious lounge benefits from large windows, allowing plenty of natural light to fill the room and creating a pleasant environment for both relaxing and entertaining.
The kitchen is conveniently positioned off the hallway and offers a functional space with scope for modernisation and improvement.
The bathroom is currently fitted with a three-piece suite and similarly provides an opportunity for buyers to personalise and update to their own requirements.
Externally, the property benefits from a secure rear courtyard, accessed via a gated entrance, providing a useful outdoor space and added peace of mind.
Ideally suited to first-time buyers, investors or those looking to downsize , the property requires modernisation throughout but offers a fantastic blank canvas with excellent potential to add value and create a home tailored to individual tastes and needs.
Situated in a convenient location with access to local amenities, schools and transport links, this generously proportioned flat offers a combination of space, flexibility and potential.
Early viewing is highly recommended to fully appreciate what this property has to offer.
Entrance Lobby Access to this spacious first-floor flat is via a traditional door, which opens into the entrance lobby. A staircase leads from the lobby to the first-floor accommodation.
Landing Doors lead from the landing, providing access to the lounge and bedrooms.
Lounge (3.34m x 3.29m) Located to the rear of the property, the lounge features a traditional fireplace surround with a wall-mounted fire.
A door provides access to the kitchen, while a window floods the room with natural light. A built in cupboard to the eaves offers storage space.
Kitchen (3.36m x 2.10m) Accessed via a door from the lounge, the kitchen features floor and wall-mounted cabinets, with space for a freestanding cooker.
A built-in cupboard provides useful storage, while a further door leads to the bathroom.
Bathroom (2.04m x 1.68m) The neutral décor of this room is complemented by a white suite comprising a panelled bath, pedestal wash hand basin and close-coupled WC.
Wall tiling and a window complete the room. Bedroom 2 (3.37m x 2.49m) The décor of this double bedroom is complemented by an abundance of natural light flooding through the window.
Master Bedroom (3.81m x 2.78m) This very spacious and calming double bedroom benefits from a feature bay window to the front elevation, heating is provided by a central heating radiator.
Bedroom 3 (3.31m x 2.28m) This versatile bedroom would be ideal for use as a nursery, home office or guest bedroom, and benefits from a window to the front elevation.
Courtyard A private rear yard provides an ideal space for relaxing and enjoying warmer days. The enclosed area benefits from secure gated access.
Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
All measurements are approximate using a Sonic tape and should not be relied upon for complete accuracy.
If you require exact measurements, please ask one of our negotiators to arrange an appointment to view the property, when your own measurements may be taken.
It should not be assumed that the property has all necessary planning, building regulation or other consents. The Agent has not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
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.
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FAQ
About 86 Frobisher Street, Tyne & Wear
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