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Opportunity summary
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About
Retirement apartment available for sale, with no chain, located in Fenham.
The apartment is located on the first floor, and is situated in the exclusive McCarthy & Stone development for the over 60's. The development was built as purpose built retirement living.
Browning Court consists of 36 one and two bedroom apartments situated in the residential area of Fenham, set back from Fenham Hall Drive on Fenham Chase Browning Court benefits from an on site House Manager, 24 hour emergency call system, resident's communal lounge where social events take place, camera door entry system, guest suite for family and friends and a laundry room.
The accommodation to this property briefly comprises of communal entrance with hallway and lift/stairs leading to subject first floor.
The subject flat comprises of hallway, lounge with Juliette balcony, kitchen, bedroom and bathroom. Externally, there is permit parking available, on a first come first served basis.
Fees are usually £250 per annum but may vary by development. The development also has well manicured mature gardens surrounding all sides.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.
Council Tax Band: A EPC Rating: C 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.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Asdl Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining It is not known if the property is situated on a coalfield.
It is also not known if the property has been directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
Tenure It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 125 years from 1st June 2008 Ground Rent - £365.41 every 6 months Service Charge - £303.30 per month Hallway Storage cupboard.
Lounge (20' 0'' x 10' 1'' (6.09m x 3.07m)) Juliette balcony. Electric heater. Kitchen (11' 10'' x 9' 3'' (3.60m x 2.82m)) Two double glazed windows to the front. Electric hob. Electric oven.
Sink/drainer. Electric heater. Bedroom (15' 6'' x 9' 4'' (4.72m x 2.84m)) Double glazed window to the front. Fitted wardrobe. Electric heater.
Bathroom (6' 9'' x 5' 6'' (2.06m x 1.68m)) Shower cubicle. Vanity wash hand basin. Low level WC. Extractor fan. External Patio area accessed from lounge. Landscaped gardens. Permit parking.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Fenham Court, Newcastle Upon Tyne
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