2-bedroom flat · NE16 3DD
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jan Mitchell Properties are delighted to bring to the market this delightful two-bedroom top-floor apartment nestled within the popular Broadmeadows Close development in Swalwell, the property enjoys close proximity to excellent transport links and a range of amenities, making it an enticing prospect for various home seekers.
Upon entering, the property welcomes you with a communal entrance and stairs leading to the upper floors.
Inside the apartment, you are greeted by an inviting entrance hallway with storage, guiding you to a bright and airy lounge diner.
The accommodation also comprises two bedrooms, offering ample space, a kitchen with fitted wall & floor units, and a modern three-piece bathroom with a WC, complemented by a shower over the bath.
Adding to its appeal, the property benefits from gas central heating and double glazing.
Externally, residents can enjoy a well kept communal garden and allocated & visitor parking bays for added convenience.
This property would make an ideal purchase for the first time buyer, down-sizer or investor alike so viewings come highly recommended to appreciate the value of accommodation on offer.
Location Broadmeadows Close is located in Swalwell just beneath Wickham, which is a popular village location with plenty of local amenities including good schools for all age ranges, shops to cater for your day to day requirements, bars and restaurants and excellent local bus transport links to Newcastle City Centre, Metrocentre and road links to the A1.
IMPORTANT NOTE TO PURCHASERS We endeavour to make our property details accurate.
However, they do not constitute or form part of an offer or any contract and are not to relied upon as statements of representation or fact. Some of the imagery may have been enhanced by AI.
Any services, systems and appliances listed in the details have not been tested by us and no guarantee is given to their operating ability or efficiency.
All the measurements and floor plans have been taken as a guide to prospective purchasers and are not to be relied upon. Please be advised that some of the information may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us direct.
MAKING AN OFFER Please note that all offers will require financial verification including mortgage agreement in principle, proof of deposit funds, proof of available cash and full chain details including selling agents and solicitors down the chain.
Under New Money Laundering Regulations we require proof of identification from all buyers before acceptance letters are sent and solicitors can be instructed.
Tenure - We are not able to verify the tenure of the property as it is not always possible to see sight of the relevant documentation prior to marketing.
Prospective purchasers must make further enquiries with their legal adviser Council Tax Band: B (Gateshead Council) Tenure: Leasehold (101 years) V thinks it's approx £130 per month service charge and £40 per year ground rent
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 advisors 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 Broadmeadows Close, Swalwell, Newcastle upon Tyne
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