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See how verdicts work2-bedroom house · NE6 5SQ
For saleReduced £5k (−2.6%) on 29 AugListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroom first floor Tyneside flat which was originally a three bedroom, great open plan Lounge / Diner to the rear, recently decorated and new carpets throughout, ideal for a first time buyer.
Benefitting from gas central heating via a back boiler and sealed unit double glazed windows.
Briefly comprising of an Entrance Hallway with stairs to the first floor Landing which has a loft hatch to a part boarded loft.
The open plan Lounge Diner is to the rear aspect and has a feature fireplace with a living flame effect gas fire.
Modern kitchen with wall and base units, worktop surfaces, stainless steel sink and drainer unit, integrated electric oven and hob with an extractor over, plumbed for washing machine, laminate flooring and door to the rear yard.
Modern Shower Room with an electric shower to the cubicle, low level w/c, vanity unit with a wash hand basin, tiled walls and an extractor fan.
Bedroom 1 has a bay window to the front aspect, Bedroom 2 is also to the front aspect.
Externally there is an electric roller garage door to the rear yard allowing for off street parking and there is also a storage 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
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FAQ
About 112, Addycombe Terrace, Newcastle Upon Tyne
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