2-bedroom flat · NE5 1TP
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**AVAILABLE DECEMBER 2026** **UNFURNISHED** **SEPARATE GARAGE** **PRIVATE ENCLOSED GARDEN** An inviting and homely first floor, purpose built flat found in the residential suburb of Chapel Park.
With plenty of natural light this flat boasts a private enclosed garden to the rear, detached garage ideal for storage or parking a small car and has good transport links nearby also.
Available on an unfurnished basis, the accommodation briefly comprises a private entrance with stairs leading to first floor and storage cupboard; spacious lounge measuring over 15ft with a pleasant green outlook; two double bedrooms, the master of which measuring over 12ft with built in wardrobe; kitchen to the rear with appliances and tiled splash-backs; shower room WC with three piece suite.
Externally there is a private garden to the rear, laid mainly to lawn with flagstone border and fenced boundaries. Also with a nearby garage measuring over 16ft in length.
On Street parking is also available. With gas central heating and double glazing throughout, available on an unfurnished basis this super flat is not to be missed!
Available 4th December 2026 | £750pcm | 796 Sq. ft (54.1 m2) (673 sq.
ft without garage) | Unfurnished | First Floor Flat | Lounge | Two Bedrooms | Kitchen | Shower Room WC | Private Rear Garden | Garage | Good Storage Space | Popular Location | On Street Parking | DG & GCH | Council Tax Band: B | EPC Rating: Tbc
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
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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
Agent & docs
FAQ
About Knightside Walk, Chapel Park, Newcastle upon Tyne
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