2-bedroom flat · NE4 8EA
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Brancepeth Avenue - This property is currently being sold with a tenant in situ. It is a well-presented two-bedroom ground floor flat.
Upon entering, you are welcomed into the entrance hall.
The first room on the right is a spacious double bedroom, offering plenty of space for a double bed and additional furniture, along with fitted wardrobes providing excellent storage.
Opposite the bedroom is the bathroom, which is fitted with a bath and overhead shower. At the end of the corridor is the second bedroom.
This room is currently being used for storage and benefits from two fitted wardrobes.
If one set of wardrobes were removed, there would be space for a single bed, making it an ideal bedroom, nursery, or home office.
To the right of the hallway is the bright and spacious lounge, which offers ample room for both lounge furniture and a dining table.
From the lounge, you can access the kitchen, which in turn leads out to the private rear garden.
The garden features low-maintenance artificial grass and is not overlooked, providing a pleasant outdoor space to enjoy.
To the front of the property, there is an additional garden area, perfect for relaxing and making the most of the sunshine. Tenure: Leasehold - 999 years from 14 July 1989 Peppercorn lease.
Council Tax Band: A Newcastle - £1693.77 EPC Rating: C Material Information: Built of standard construction Conveniently situated within the popular NE4 area of Newcastle upon Tyne, offering excellent access to the city centre and surrounding amenities.
The location benefits from a wide range of local shops, supermarkets, cafés, and services all within easy reach.
Well-served by public transport links, the area provides straightforward access to Newcastle City Centre, universities, and major hospitals.
Road links to the A167 and A1 are also close by, making this an ideal location for commuters.
Additionally, nearby parks and green spaces offer opportunities for leisure and outdoor activities, making Fairholm Road a practical and well-connected residential location.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. EPC rating: C. 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.
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FAQ
About Brancepeth Avenue, Elswick, Newcastle upon Tyne, NE4
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