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See how verdicts work2-bedroom flat · NE5 4AG
For saleListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Well-presented two bedroom second floor flat with spacious accommodation and modern decor throughout.
Situated in the popular Newbiggin Hall area close to local amenities, with designated parking. Perfect for a first-time buyer or investor.
Council Tax Band: A (Newcastle City Council) Tenure: Leasehold (70 years) Service Charge: £177 per month Access The property is accessed via a communal entrance with stairs leading to the first and second floors.
A carpeted second-floor landing with neutral décor to the walls features a concealed light fitting to the ceiling and a double glazed window with opener, with a door leading through to the private entrance hallway.
Entrance Hallway Accessed via a secure fire door, the entrance hallway features wood-effect vinyl flooring and neutral décor to the walls.
There are two pendant light fittings and a smoke detector to the ceiling.
The space is warmed via a wall-mounted radiator with thermostatic valve, with space for a console table and doors leading to all accommodation.
Lounge (4.91m x 3.51m) Located to the rear of the property, the lounge benefits from continued wood-effect vinyl flooring and neutral décor to the walls.
A pendant light fitting is positioned to the ceiling, while large double glazed windows with openers provide excellent natural light.
The room is warmed via an extensive wall-mounted radiator with thermostatic valve and offers ample space for sofas and additional lounge furniture.
Kitchen / Diner (5.04m x 2.29m) Accessed from the entrance hallway, the kitchen features wood-effect vinyl flooring and modern wallpaper to the walls with patterned backboard splashback areas.
A range of gloss wall and base units with integrated handles provide ample storage, alongside a stainless steel sink with chrome mixer tap.
Integrated appliances include a fridge freezer, while there is space for an automatic washing machine.
Cooking facilities include a four-ring gas hob with inset oven below and chrome extractor hood above. The combi boiler is housed within a dedicated unit.
An archway leads through to the dining area, providing space for a dining table and chairs, along with a gloss larder-style unit and a wall-mounted grey anthracite heated radiator.
This area benefits from a spotlight fitting to the ceiling and large double glazed windows with opener to the front elevation, allowing for plenty of natural light.
Master Bedroom (3.55m x 3.41m) Located to the rear of the property, the master bedroom features modern grey carpet flooring and neutral décor to the walls.
A pendant light fitting is positioned to the ceiling, while a large double glazed window with opener provides excellent natural light.
The room is warmed via a wall-mounted radiator with thermostatic valve and offers ample space for a king-size bed along with wardrobes and additional bedroom furniture.
Bedroom 2 (3.72m x 2.53m) Accessed via the inner hallway, the second bedroom features wood-effect laminate flooring and neutral décor to the walls.
A pendant light fitting is positioned to the ceiling and the room is warmed via a wall-mounted radiator. A double glazed window with opener to the front elevation provides natural light.
The room offers ample space for a double bed along with additional bedroom furniture.
Bathroom (2.72m x 1.67m) The bathroom features dark grey Karndean flooring with hygienic cladding to the walls and ceiling, complete with four spotlights.
The space is fitted with a three-piece white suite with chrome fixtures and a shower over the bath. A stylish unit surrounds the WC and wash basin, providing excellent additional storage.
The room is warmed via a vertical matte dark grey heated towel rail. An opaque double glazed window with opener provides both ventilation and natural light.
Additional Information New service charges for 2026-2027 are due to be reviewed and will be released May/June. EPC is being complete 2nd May 2026.
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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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
Agent & docs
FAQ
About 24 Ambergate Close, Newcastle upon Tyne
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