2-bedroom flat · NE27 0RL
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a well-maintained development surrounded by attractive green spaces, this beautifully presented two-bedroom ground floor flat offers modern, fresh décor throughout and is ideal for first-time buyers, professionals or those looking to downsize.
The property enjoys a superb location just a short walk from Northumberland Park Metro Station, providing excellent transport links, while the A19 and A1058 Coast Road are easily accessible for commuting across the region.
A range of local shops are close by, with Silverlink Retail Park offering an excellent selection of shopping, dining and leisure facilities just a short drive away.
Accessed via a secure communal entrance, the apartment opens into a welcoming hallway which provides access to the main living accommodation.
The bright and spacious open plan living and dining room features a beautiful bay window, allowing plenty of natural light to fill the space, while attractive wood-style flooring creates a warm and contemporary feel.
The adjoining kitchen is fitted with a range of stylish base and wall units, complemented by integrated appliances and practical workspace.
The sleeping accommodation comprises a generous principal double bedroom complete with two fitted wardrobes, providing excellent storage and views overlooking the communal gardens.
The second bedroom is a versatile space, accommodating a queen-size bed, although it is currently arranged as a single bedroom with a dedicated office area, making it perfect for those working from home.
Completing the interior is a modern bathroom fitted with a bath, overhead shower, wash hand basin and WC, finished in a clean and contemporary style.
Externally, residents can enjoy communal garden areas, providing pleasant outdoor space to relax and unwind.
The property also benefits from a designated parking space together with additional visitor parking, adding further convenience to this superbly located home.
Living Room (3.26 x 3.62 (10'8" x 11'10")) Dining Area (2.2 x 2.82 (7'2" x 9'3")) Kitchen (2.22 x 3.92 (7'3" x 12'10")) Bedroom One (3.87 x 2.92 (12'8" x 9'6")) Bedroom Two (2.56 x 2.58 (8'4" x 8'5")) Bathroom (1.81 x 2.11 (5'11" x 6'11"))
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 31, Fenwick Close, Newcastle Upon Tyne
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