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2-bedroom flat · NE2 4PF
For saleListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Second Floor Apartment**Two Bedrooms**Dedicated Parking Space** Constructed by Muircroft Homes in 1989, Sloane Court enjoys a super-central address, within walking distance of Jesmond and Newcastle City Centre amenities.
Approaching 600 square feet, this second floor apartment requires updating, and includes a Communal Entrance, a Private Reception Hall with a built-in cupboard, a Living Room with a Dining Area, a Kitchen, a Main Bedroom, a Second Bedroom, and a Bathroom.
Available with no onward chain, the apartment further benefits from secondary glazing, and electric heating.
Tenure - Leasehold Lease Length Remaining - 89 years Service Charge - £2,1600 per annum Ground Rent - N/A Council Tax Band - C Management Company details - Brannen & Partners
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.
Area
Agent & docs
FAQ
About 5, Sloane Court, Newcastle Upon Tyne
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