2-bedroom flat · NE7 7FX
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bowson are delighted to welcome to the market this superb second-floor apartment, offered for sale with no onward chain and situated within a well-maintained and highly sought-after development in the ever-popular NE7 postcode.
Beautifully presented throughout, this spacious two-bedroom apartment offers modern open-plan living and is ideally suited to first-time buyers and professionals seeking a stylish home in a high-demand residential location, with excellent access to Newcastle city centre, major employers and transport links.
Accessed via a secure communal entrance with intercom entry system, the accommodation briefly comprises an entrance hallway with a useful storage cupboard housing the fuse box, Ideal combi boiler and Siemens control panel, together with additional storage space.
The generous principal bedroom is positioned to the rear of the property and benefits from neutral décor and a contemporary en-suite shower room featuring a double shower enclosure, WC, wash hand basin and extractor fan.
A further spacious double bedroom provides excellent accommodation and also benefits from loft hatch access offering additional storage.
The family bathroom is partially tiled and fitted with a three-piece white suite comprising a panelled bath, pedestal wash hand basin and WC, all finished in neutral tones.
Undoubtedly the standout feature of the property is the impressive open-plan lounge, dining and kitchen area.
Designed with modern living in mind, this bright and spacious room enjoys an abundance of natural light and features stylish high-gloss wall and base units, granite-effect worktops, integrated Zanussi appliances, a built-in washer, useful spice rack storage and ample preparation space.
The lounge area is enhanced by contemporary décor, new carpeting and French doors opening onto a private balcony, creating a perfect space!
Further benefits include grey LVT flooring throughout the hallway and kitchen area, double glazing, gas central heating via an Ideal combi boiler, extractor ventilation throughout, lift access, allocated parking and attractive communal gardens.
Conveniently located within easy reach of a wealth of local amenities including well-regarded schools, The Freeman Hospital, HMRC, supermarkets, leisure facilities and Four Lane Ends Metro Station, the property is perfectly placed for commuters and those looking to enjoy everything this popular area has to offer.
Early viewing is highly recommended to appreciate the size, presentation and excellent location of this fantastic apartment.
Tenure - Leasehold Information Lease Term: 125 years less 3 days from 1 January 2006 (approximately 104 years remaining) Ground Rent: £150 per annum Service Charge: £155 per calendar month (covering building insurance together with the maintenance and upkeep of the communal grounds, landscaped gardens, boundary fencing, communal areas, lift servicing and residents' parking facilities.) Managing Agent: Brannen & Partners
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Charlton Court, Manor Park Newcastle Upon Tyne, NE7
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