2-bedroom flat · NE2 1ES
For saleReduced £15k (−14.3%) on 5 AugListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale a beautifully presented two-bedroom first floor flat, exclusively available for individuals over the age of 55.
Situated in a highly sought-after location, this property benefits from excellent public transport links and close proximity to scenic green spaces and charming historical features.
The flat comprises a welcoming, light and airy reception room, perfect for relaxing or entertaining guests.
The modern kitchen is filled with natural light, providing an inviting space for cooking and dining. There are two generously proportioned double bedrooms.
The principal bedroom features a walk-in closet, offering ample storage space and a touch of luxury. The second double bedroom provides flexibility for guests or additional accommodation.
The spacious hallway has the versatility of being a dining space due to the size. The contemporary bathroom is fitted with a modern white suite, offering comfort and style.
This property offers a unique opportunity to purchase a 70% share, ideal for those seeking an affordable route onto the property ladder within an established community.
Please note, an application process will apply before any offer is officially accepted. Early viewing is highly recommended to fully appreciate the quality and location this flat has to offer.
Contact us today to arrange your appointment.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas central heating Broadband: Adsl Mobile Signal Coverage Blackspot: No Parking: Communal 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.
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 19, Rosebery Place, Newcastle Upon Tyne
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