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See how verdicts work1-bedroom flat · NE6 5YL
Listing removedListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Appealing to a wide variety of buyers is this spacious one bedroom ground floor flat which is ideally located close to all local amenities and Chillingham Road Metro station.
The property briefly comprises; entrance hall, lounge, kitchen to the rear of the property with a good range of wall and base units, complimenting work surfaces, stainless steel sink with mixer tap, tiled splashback, space for appliances, vertical radiator, UPVC double glazed window and door to the rear yard.
Bedroom and bathroom/WC. Externally to the rear is a private yard which is paved with walled boundaries incorporating a gate leading to the rear lane.
The property benefits from gas central heating and UPVC double glazing.
Virtual tour available at link below: Council Tax Band: A Tenure: Leasehold Length Of Lease: 961 Front External Hallway Doors to lounge, bedroom and bathroom.
Radiator and storage cupboard under stairs. Lounge 3.99m x 4.36m UPVC double glazed window to the rear and double radiator.
Bedroom 4.42m x 4.37m UPVC double glazed windows x2 to the front with double radiator.
Kitchen 2.32m x 2.89m Shaker style kitchen to the rear of the property with a good range of wall and base units with under counter lighting, complimenting work surfaces, stainless steel sink with mixer tap, tiled splashback, new electric oven and gas hob, space for appliances, UPVC double glazed door and window to the rear yard and vertical radiator.
Bathroom 2.6m x 3.25m White three piece bathroom suite comprising; bath, hand wash basin, low level WC, separate stand alone shower, partially tiled walls, UPVC double glazed window to the rear and radiator.
There is a storage cupboard that accommodates the boiler and washing machine. Rear Yard Paved with walled boundaries and gate to back lane.
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 Fifth Avenue, Heaton, Newcastle upon Tyne, Tyne and Wear, NE6 5YL
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