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See how verdicts work3-bedroom flat · NE16 3BU
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated in a sought-after area of Swalwell, this spacious three-bedroom first-floor flat offers a fantastic opportunity for buyers looking for a low-maintenance home.
The property has been significantly upgraded with a brand-new roof (covering both pitched and flat sections) and a recently installed combination boiler.
The internal layout features a generous landing leading to a bright living room, a kitchen, three well-proportioned bedrooms, and a bathroom.
Given the generous accommodation and recent structural improvements, we anticipate strong interest. Early viewing is highly recommended.
Internally Upon entering, a staircase leads you up to the main landing where the home’s standout feature immediately becomes apparent: impressive high ceilings that run throughout the property, creating a wonderful sense of space.
The heart of the home is the spacious living room, bathed in natural light from a large window.
It features practical built-in storage cupboards in the chimney alcoves, leaving ample room for freestanding furniture.
Leading off the living room, the modern kitchen is fitted with a range of contemporary wall and base units, contrasting worktops, and houses the recently renewed combination boiler.
To the rear, a versatile rear lobby provides convenient space for a fridge/freezer and offers access to the rear yard via a staircase.
This passage also leads to the fresh, modern bathroom, complete with a bathtub and overhead shower, washbasin, WC, and newly laid flooring. The sleeping accommodation consists of three bedrooms.
The master bedroom is particularly generous, offering plenty of room for furniture and enjoying excellent natural light.
The remaining two bedrooms are well-proportioned, with one currently utilised as a dedicated home office.
Living Room - 3.96m x 4.13m (12'11" x 13'6") Kitchen - 3.15m x 2.43m (10'4" x 7'11") Bedroom One - 4.35m x 4.11m (14'3" x 13'5") Bedroom Two - 3.1m x 2.62m (10'2" x 8'7") Bedroom Three - 2.61m x 2.62m (8'6" x 8'7") Bathroom - 1.88m x 2.38m (6'2" x 7'9") Landing - 2.46m x 2.6m (8'0" x 8'6") Externally Externally, the property benefits from a private rear yard accessed via stairs from the rear passage.
The outdoor space is currently sectioned into two distinct areas with low-maintenance hardstanding flooring. A secure gate at the boundary provides convenient access out to the back lane.
Disclaimer Whilst we endeavour to ensure our sales particulars are accurate and reliable, 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 WalkersXchange therefore we cannot give a guarantee as to their operating ability or efficiency.
All measurements have been taken as a guide to prospective buyers only.
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 advisers 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 Park Terrace, Swalwell
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