1-bedroom flat · NE12 9DP
Listing removedListed 266 days
Opportunity summary
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About
Summary Appealing to a wide variety of buyers is this fully refurbished and modern one bedroom ground floor flat which is ideally located in this favoured residential street.
The property briefly comprises; entrance hall, lounge, modern fitted kitchen to the rear of the property with a good range of wall and base units, complimenting work surfaces, built in gas hob and electric oven, stainless steel sink with mixer tap, tiled splashback, integrated fridge/freezer, integrated dishwasher, integrated washing machine, UPVC double glazed door leading to the rear yard, UPVC double glazed window and radiator.
Bedroom and four piece bathroom/WC. Externally to the rear is a shared yard which is mainly paved with walled boundaries. The property benefits from gas central heating and UPVC double glazing.
Virtual tour available at link below: Please contact the Forest Hall Branch on for further information and viewings.
Council Tax Band: A Tenure: Freehold Hallway With doors off to the lounge, bedroom, bathroom/WC and understairs storage cupboard.
Lounge (4.11m x 3.74m) UPVC double glazed window to the rear, built in shelving and radiator.
Kitchen (3.59m x 2.05m) To the rear of the property with a good range of wall and base units, complimenting work surfaces, built in gas hob and electric oven, stainless steel sink with mixer tap, tiled splashback, integrated fridge/freezer, integrated dishwasher, integrated washing machine, UPVC double glazed door leading to the rear yard, UPVC double glazed window and radiator.
Bedroom (4.11m x 3.75m) UPVC double glazed window to the front and radiator.
Bathroom/WC (3.02m x 2.04m) White four piece bathroom suite comprising; walk in shower cubicle with glass screen, bath, hand wash basin, low level WC, tiled walls, UPVC double glazed window and heated towel rail.
Rear Yard Shared rear yard mainly paved with walled boundaries.
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 19, Nicholson Terrace, Newcastle upon Tyne
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