2-bedroom flat
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb updated 2 bedroom ground floor flat on a corner site and situated next to Hotspur street school.
The flat has been completely renovated to include new carpets, new Lino, new shower room, new kitchen, new combi boiler, new wiring and new decor theoughout.
The property comprises of - Entrance hall - UPVC door to front, new carpet. Lounge - new grey carpet, new white blinds, 2 cupboards.
Kitchen - new base and new all units in pastille green with beech effect worktops, new stainless steel sink and tap, new ceramic hob, new built in oven, new Lino, new combi boiler, new white blind, UPVC window and door to rear yard.
Shower room/WC - new shower cubicle, new mixer shower, new vanity sink unit, low level WC, new radiator, new lino, inset spotlights, UPVC window to rear yard.
Bedroom 1 - New grey carpet, new white blind, double radiator. Bedroom 2 - New grey carpet, new white blind, double radiator. External - Own yard to rear with greenhouse
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Bolingbroke Street, Newcastle upon Tyne
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