1-bedroom flat · NE12 9PG
Sold STCListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an immaculate ground floor apartment on Belvedere Gardens situated in what is arguably one of the best positions on the development.
The balcony which is accessible from both the lounge and bedroom offers a perfect secluded setting to relax or entertain with stunning views overlooking the tranquil gardens.
The entrance door to the apartment is within a communal hall with secure door entry system.
The accommodation comprises: entrance hall from which you are greeted with a comfortable lounge benefitting from a recently installed feature fireplace and flooded with natural light from the large windows.
The kitchen, both stylish and functional is well equipped for modern day living.
The lovely double bedroom has a good range of both fitted wardrobes and furniture providing excellent storage solutions while the patio doors lead to the balcony with those gorgeous views.
An immaculate modern bathroom completes the accommodation boasting a bath with shower over catering to both preferences.
Externally there is a convenient allocated parking bay and beautiful communal grounds to enjoy. An early inspection is highly recommended.
Benton is a highly desirable location and the Benton Metro Station is within a few minutes walk which takes you to both Newcastle City Centre and coastal routes.
There are excellent bus services nearby and shopping facilities at both Benton Four Lane Ends and Forest Hall.
Leasehold: 125 Years from 1998, EPC: tbc Council Tax Band: B, Water, Electric Heating, MaIns Connected, Broadband: tbc, Mobile Phone Black Spot: No Leasehold.
It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 125 years from 1999 Ground Rent: £75per annum.
Not aware of any price increases Service Charge: £1600 per annum Any Other Charges/Obligations: Not aware of any Mining: The property is not known to be on a coalfield and is not known whether to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and 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
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FAQ
About Belvedere Gardens, Newcastle Upon Tyne
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