2-bedroom flat · NE9 6TD
Sold STCListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MAIN DESCRIPTION Belle Vue Estates are excited to offer to the sales market this two bedroom DUPLEX apartment located on the popular development of Lyndholme.
Ideally situated within close proximity to transport links and an array of local amenities including pubs, restaurants, shops and schools.
A deceptively spacious department with the added benefit of off road parking and communal gardens.
The property itself briefly comprises of an entrance hallway, open planned living room and kitchen, W/C, stairs rising to second floor, two bedrooms and a bathroom.
Externally there is secure off road parking and communal gardens to side and rear with pleasant seating area. Access comes via communal entry door.
ENTRANCE HALLWAY 6' 2" x 4' 5" (1.905m x 1.359m) Private entrance hallway with carpeted flooring, electric wall mounted heater, stairs rising to second floor and doors to lounge/kitchen and W/C.
OPEN PLAN LOUNGE/KITCHEN 17' 4" x 14' 3" (5.297m x 4.345m) Good sized lounge with patio doors with fitted vertical blinds, carpeted flooring, storage cupboard and electric wall mounted heater.
Well-equipped kitchen with modern cream wall and base complimented by wood effect work surfaces, grey brick tiled splash backs, vinyl flooring, stainless steel sink with mixer tap and a range of integrated appliance including oven, hob and chimney extractor fan, fridge/freezer and washer.
W/C 6' 3" x 3' 0" (1.915m x 0.919m) With a low level W/C, wash basin, vinyl flooring and electric wall mounted heater.
FIRST FLOOR LANDING 11' 0" x 6' 2" (3.362m x 1.886m) With carpeted flooring and an electric wall mounted heater.
BEDROOM ONE 9' 0" x 11' 2" (2.766m x 3.410m) Featuring carpeted flooring, electric wall mounted heater and a double glazed window with fitted vertical blinds.
BEDROOM TWO 11' 0" x 8' 4" (3.372m x 2.560m) With carpeted flooring, an electric wall mounted heater and a double glazed window with fitted vertical blinds.
BATHROOM 7' 7" x 5' 6" (2.331m x 1.686m) With a white three piece suite including panelled bath with overhead shower, low level W/C and wash basin, white towel warmer, vinyl flooring and fully tiled walls.
EXTERNAL Externally there is secure off road parking and communal gardens to side and rear with pleasant seating area.
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
FAQ
About Lyndholme, Beacon Lough Road, Beacon Lough, Gateshead
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