2-bedroom flat · NE2 3NZ
Sold STCListed 43 days
Opportunity summary
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About
This spacious and well-presented two bedroom flat is situated in a highly sought after residential location, offering a rare opportunity to purchase within this popular and established development.
The property boasts generous proportions throughout, featuring two double bedrooms that provide ample space for both relaxation and storage.
There are two bright and versatile reception rooms, ideal for entertaining guests, setting up a home office, or simply enjoying quiet evenings in comfort.
The kitchen is thoughtfully designed with a range of fitted units and integrated appliances, providing a practical and attractive space for cooking and dining.
A standout feature of this apartment is the large private balcony with a desirable west-facing aspect, allowing for an abundance of natural light to flood the living areas and offering a peaceful retreat to unwind at the end of the day.
Residents benefit from on site parking as well as a double garage (perfect for secure storage or additional vehicles), a particularly rare amenity in this area.
The flat is ideally positioned close to a variety of local amenities including shops, cafes, and restaurants, with excellent transport links nearby for easy access to surrounding areas and central destinations.
The development is well-maintained and enjoys a reputation for its community atmosphere and quality of accommodation.
This property must be viewed to fully appreciate both the prime location and the generous, flexible living space on offer.
Whether you are looking for a comfortable home to settle in or a sound investment in a thriving neighbourhood, this apartment is certain to impress with its combination of space and convenience.
Early viewing is highly recommended to avoid disappointment, as opportunities to acquire a property of this calibre in such a desirable setting are seldom available.
Communal Entrance At the front of the property a communal entrance door opens to a lobby with security entry system and door to the lobby with a lift and stairs to the second floor landing with a private door opening to: Reception Hall This spacious hall has 3 storage cupboards, decorative cornicing, a central heating radiator and door that open to: Dining room 3.31m x 5.45m This spacious dining room has a double glazed window with South facing aspect, decorative cornicing, central heating radiator and a pocket door that opens to: Lounge 4.45m x 5.45m This wonderful room has double glazed windows and French doors that have west facing aspects and open onto the private balcony.
There is a feature fireplace, decorative cornicing and great views to the West Master Bedroom 4.45m x 5.47m This large double bedroom also has double glazed windows and French doors that open onto the private balcony with wonderful open West facing views and there are 2 built in wardrobes.
Bedroom 2 3.21m x 5.47m The second bedroom is another generous double bedroom.
It has 2 large double glazed windows with East facing aspects, a built in wardrobe and a door opening to the en-suite shower room.
En-suite Shower 2.08m x 1.49m There is a tiled shower recess with mains fed shower, a wash hand basin and wc with a concealed cistern and full tiles splash backs.
Dining Kitchen 3.32m x 5.45m The kitchen has a range of wall and base units with wood edged work surfaces, a gas hob, electric oven, plumbing for a washing machine and dish washer, there are two windows with East facing aspects and a door that opens onto the waste shoot balcony.
Shower Room 2.09m x 2.38m The bath and been removed from this room and replaces with a walk in shower enclosure.
There is a wash hand basin set into a vanity unit with tiled splash backs and a wc.
Balcony The balcony runs the full width of the apartment and has wonderful West facing aspects Disclaimer The information displayed about this property comprises a property advertisement.
Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content.
This property advertisement does not constitute property particulars. The information is provided and maintained by Angus and Co, Gosforth.
Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Value & comps
No previous sales on record.
Returns
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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 Lodore Road, Newcastle Upon Tyne, NE2
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