2-bedroom flat · NE15 6LF
For saleReduced £2.3k (−3%) on 24 OctListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold This well-presented and generously proportioned two-bedroom apartment presents an excellent choice for first-time buyers, investors, or those looking to downsize without compromising on comfort or convenience.
The apartment is accessed via a welcoming communal entrance, leading into an apartment hallway that provides access to all principal rooms.
At the heart of the home is a spacious open-plan lounge and dining area, offering ample room for both relaxing and entertaining.
The adjoining fitted kitchen is thoughtfully designed with a range of modern wall and base units, generous worktop space and room for a selection of appliances, creating a practical and attractive environment for everyday living.
There are two well-proportioned bedrooms, with the principal bedroom offering ample space for freestanding furniture, while the second bedroom is equally suited as a guest room, home office or nursery.
Completing the accommodation is a bathroom, fitted with a modern white suite comprising a shower enclosure, a WC with concealed cistern, and a hand wash basin set within a coordinating vanity storage unit, providing both style and practicality.
Externally, the property benefits from an allocated parking bay.
Ideally situated, the apartment enjoys convenient access to a wide range of local amenities including shops, supermarkets, cafés and leisure facilities, while transport links make commuting to surrounding towns and city centres straightforward.
This fantastic location, combined with the property's well-planned accommodation and move-in ready presentation, makes it a superb opportunity for a variety of purchasers.
Early viewing is highly recommended.
EPC Rating: C Property Information Local Authority: Newcastle Flood Risk: This property is listed as currently having a very low risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast in the area Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 29 Benwell Village Mews, Newcastle Upon Tyne
Explore nearby