1-bedroom flat · NE28 6RH
Listing removedListed 101 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Giraffe Residential welcomes to the letting market a well presented, part furnished 1 bedroom 1st floor apartment. Conveniently located just off A187, with great public transport links.
Situated within walking distance to local amenities including schools and supermarkets.
The accommodation briefly comprises of a living room boasting natural light throughout from the juliet balcony, fitted kitchen including oven/hob, washing machine and fridge/freezer.
The bathroom has a waterfall shower feature over the bath and a master bedroom with storage. Externally there is residential parking to the front.
The property is conveniently located within walking distance to Wallsend Metro and Bus Station, providing direct access to Newcastle City Centre.
Close to Wallsend High Street for local shops, supermarkets and cafes. EPC to Follow Council Tax Band: A (North Tyneside Council) Deposit: £801 Holding Deposit: £160
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
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
FAQ
About 24 Tiberius Close, Wallsend
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