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See how verdicts work3-bedroom flat · NE28 7PU
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 3 bedroomed first floor flat conveniently situated within this pleasant and long established residential area.
With gas fired central heating and sealed unit double glazing, there is scope for some cosmetic updating and an opportunity to create a lovely property to the successful purchasers own taste and requirements.
The Entrance Hall has stairs to the First Floor Landing, with picture rail and access to the loft via a retractable ladder.
The focal point of the Lounge is a feature gas fire set within an attractive painted surround and there is also a storage cupboard. The Kitchen has a sink unit with cupboard under and a combi boiler.
Bedroom 1 is to the front, with Bedroom 2 to the rear and Bedroom 3 to the front. The Shower Room/WC has a low level wc, pedestal wash basin and shower enclosure with electric shower unit and screen.
Externally, there is a Rear Yard with vehicular access.
Charlotte Street is ideally located for access to local amenities including parks, shops, schools and the Metro, which, along with road and other public transport links, provide easy access into Newcastle city centre, to the coast and throughout Tyneside.
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 Charlotte Street, Wallsend
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