2-bedroom flat · NE3 3EA
For saleListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*cash buyers only due to short lease* Located on the ever popular Kenton Lane, this charming two bedroom flat presents an excellent opportunity for first time buyers, downsizers, and investors alike.
Offering bright and airy accommodation throughout, the property comprises a spacious reception room ideal for both relaxing and entertaining, a fitted kitchen with ample storage and workspace, two well proportioned bedrooms, and a family bathroom.
The property has been well maintained and benefits from a practical layout, generous natural light, and a warm, welcoming feel throughout.
Its convenient location provides easy access to a range of local shops, amenities, schools, and excellent transport links, making it ideal for commuters and those seeking everyday convenience.
Combining comfort, practicality, and a sought after location, this attractive home offers a fantastic opportunity to acquire a well presented property in a highly desirable area.
Early viewing is highly recommended.
Material information Broadband Estimated Download Speeds Standard - 17 Mbps Superfast -80 Mbps Ultrafast- 5500 Mbps Network coverage is offered by: Openreach, CityFibre Mobile Coverage is offered by: This shows the percentage of measurements across your postal district over the last 12 months that can successfully stream video or make a video call if they have coverage.
EE -75 % O2 - 82% Three - 82% Vodafone - 78% Utilities and Services Electricity: Mains Water: Mains Sewerage: Mains Mining Given the renowned mining history in the North East region, it's advisable to consult a conveyancer to ascertain any potential implications on the property.
Flood Risk River and Sea: Very Low Surface Water: Very Low Other Flood Risk: Unlikely The risk indicators mentioned are sourced from the website.
It is advisable to confirm this with a legal representative. For further details, please refer to the government website.
Conservation Area We will inform you if we are aware that this property is situated in a conservation area. It is essential for you to verify this with a legal representative regardless.
Tree Preservation We will inform you if we are aware that this property has a tree preservation order. It is essential for you to verify this with a legal representative regardless.
Planning/Development We will inform you if we are aware of any planning or development plans at this property or in the surrounding areas.
The vendor may not have complete awareness of all planning and development applications in the nearby areas, therefore it is essential for you to verify this with a legal representative regardless.
Accessibility Should you have any enquiries regarding accessibility or require further information on this matter, please do not hesitate to contact the office.
Important Note to Potential Purchasers & Tenants: We endeavour to make our 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.
The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. GOS260142/8
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
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FAQ
About 261, Kenton Lane, Tyne and Wear
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