Modern Method of Auction
Auction date not yet published
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See how verdicts work3-bedroom flat · NE15 7DR
Sold STCReduced £5k (−7.7%) on 18 SepListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Castleside Road, this generously proportioned three-bedroom upper floor flat offers spacious accommodation throughout and would appeal to a range of purchasers including first-time buyers, professionals, investors and those seeking a conveniently located home with excellent access to Newcastle City Centre and the surrounding transport links.
The property is accessed via a private entrance with stairs leading to the first-floor landing.
At the heart of the home is an impressive lounge measuring over 14ft in both directions, providing a bright and versatile reception space with ample room for both seating and dining areas.
The well-appointed kitchen is positioned off the lounge and offers a practical layout with a good range of fitted units, work surfaces and space for everyday appliances.
The accommodation benefits from three well-proportioned bedrooms.
The principal bedroom is a particularly generous double room extending to over 13ft in length, whilst the second bedroom also provides comfortable double accommodation.
The third bedroom offers flexibility and could be utilised as a single bedroom, nursery, dressing room or home office to suit individual requirements.
A modern shower room completes the internal accommodation and comprises a walk-in shower enclosure, wash hand basin and WC. With a total floor area of approximately 768 sq.
Ft., the property offers well-balanced living space and presents an excellent opportunity for a buyer looking for a larger-than-average flat in a well-connected residential location.
Location Castleside Road is ideally positioned within Newcastle's West End, providing easy access to a wealth of local amenities including supermarkets, shops, cafés and leisure facilities.
Excellent transport links are available via the nearby A1, A69 and West Road, offering straightforward access into Newcastle City Centre and beyond.
The area is also served by a range of well-regarded schools and regular public transport routes.
Accommodation Comprises Private entrance with stairs to first-floor landing Spacious lounge (14'6" x 14'5") Fitted kitchen (9'2" x 8'0") Principal bedroom (13'7" x 13'1") Bedroom two (9'11" x 9'11") Bedroom three (11'8" x 8'4") Shower room/WC Key Features Three-bedroom upper floor flat Approximately 768 sq.
Ft.
Of accommodation Spacious lounge Well-proportioned bedrooms Modern shower room Popular residential location Excellent transport links Ideal first-time buy or investment purchase 955 years remaining on the lease This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 25, Castleside Road, Tyne and Wear
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