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See how verdicts work4-bedroom flat · NE4 8TY
Sold STCListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Opportunity - Pair of Flats Located in Benwell is this pair of flats. The ground floor flat is available for sale with tenants in situ, we have not had sight of the tenancy agreement.
The first floor flat has vacant possession. The accommodation to the ground floor flat briefly comprises of entrance, lounge opening into kitchen, rear hallway, two bedrooms and bathroom.
To the first floor flat is an entrance with stairs leading to first floor landing, lounge opening into kitchen, rear hallway, two bedrooms and bathroom. Externally, there is a yard to the rear.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.
Council Tax Band: A for each flat EPC Rating: D for each flat Agents note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights Listed? No Conservation Area? No Restrictions on property?
No Easements, servitudes or wayleaves? No Public rights of way through the property?
No Risks Flooding in last 5 years: No Risk of Flooding: Zone 1 Any flood defences at the property: No Coastal Erosion Risk: Low Known safety risks at property (asbestos etc…): No Building works Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No Accessibility This property has no accessibility adaptations.
Tenure Freehold – It is understood that both flats are held on one Freehold title. Should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Ground Floor Flat Entrance Hallway Lounge (16' 3'' into bay x 12' 10'' max (4.95m x 3.91m)) Double glazed bay window to the front. Radiator. Opens into kitchen.
Kitchen (10' 11'' x 10' 0'' (3.32m x 3.05m)) Gas cooker point. Sink/drainer. Plumbed for wash machine. Radiator. Rear Hallway Door to the rear. Storage cupboard.
Bedroom One (12' 2'' x 10' 9'' (3.71m x 3.27m)) Double glazed window to the rear. Radiator. Bedroom Two (8' 10'' x 6' 2'' (2.69m x 1.88m)) Double glazed window to the rear. Radiator.
Bathroom (6' 2'' x 5' 10'' (1.88m x 1.78m)) Panelled bath. Low level WC. Pedestal wash hand basin. Extractor fan.
First Floor Flat Entrance (21' 1'' x 7' 3'' (6.42m x 2.21m)) Stairs to first floor landing. Door to the rear. Radiator. First Floor Landing Double glazed window to the front.
Lounge (16' 8'' into bay x 12' 10'' (5.08m x 3.91m)) Double glazed bay window to the front. Radiator. Opens into kitchen. Kitchen (12' 8'' x 9' 1'' (3.86m x 2.77m)) Sink/drainer.
Plumbed for washing machine. Radiator. Bedroom One (12' 2'' x 9' 7'' (3.71m x 2.92m)) Double glazed window to the rear. Radiator.
Bedroom Two (8' 10'' x 7' 3'' (2.69m x 2.21m)) Double glazed window to the rear. Radiator. Bathroom (9' 1'' x 8' 1'' (2.77m x 2.46m)) Frosted double glazed window to the rear.
Panelled bath with shower over. Pedestal wash hand basin. Low level WC. Extractor fan. Radiator. External Yard to rear.
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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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.
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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
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FAQ
About 205/207, Farndale Road, Newcastle Upon Tyne
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