2-bedroom flat · NE15 6AG
Listing removedReduced £5k (−5.9%) on 20 OctListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A fantastic opportunity to acquire this spacious and well-presented first-floor apartment, set within a highly desirable residential development.
Offering bright and comfortable accommodation throughout, the property briefly comprises a secure communal entrance with door-entry intercom system, private entrance area with useful storage cupboard, welcoming hallway, and an impressive lounge ideal for both relaxing and entertaining.
The fitted kitchen is well equipped with a range of wall and base units, complementary work surfaces, built-in gas hob and electric oven, stainless steel sink with mixer tap, tiled splashbacks, space for appliances, UPVC double-glazed window, and radiator.
There are two well-proportioned bedrooms together with a bathroom/WC, making this an ideal home for a range of buyers including first-time purchasers, professionals, and investors alike.
Further benefits include no onward chain, gas central heating, and UPVC double glazing throughout.
Perfectly positioned for easy access to Newcastle City Centre, the property also enjoys close proximity to local amenities, popular bars, restaurants, and excellent transport links.
Leasehold: 125 years from 22nd November 2007. Should you proceed with the purchase, this information must be verified by your solicitor. Council Tax Band: A Tenure: Leasehold
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 7, Hawthorn Close, Newcastle upon Tyne
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