2-bedroom flat · NE12 6DL
For saleReduced £7.5k (−8.6%) on 21 JunListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a modern first floor apartment superbly positioned on Regency Apartments in the heart of Killingworth.
Offering convenient easy access to the White Swan shopping centre with its array of shops and amenities, regular bus services to Newcastle City centre and surrounding coastal routes plus A19 road links.
A fantastic opportunity as a first time purchase or those looking to downsize, briefly comprising: Communal entrance, staircase to first floor, spacious hallway leading to a good sized bright and airy lounge, modern kitchen with build in oven and hob and space for further appliances.
Two bedrooms and a modern bathroom with bath an and shower over allowing for all preferences. Externally there is an allocated parking bay.
Offered with no upper chain, internal inspection highly recommended.
Leasehold:155 years as from 2nd January 2005, EPC: B Council Tax: A, Gas, Electric, Heating: Mains Connected, Broadband: Unknown, Mobile Phone Blackspot: Unknown.
‘All services/appliances have not and will not be tested’ Mining: The property is not known to be on a coalfield and is not known whether to be 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.
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
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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
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FAQ
About 45, Regency Apartments, Newcastle Upon Tyne
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