2-bedroom flat · NE12 6YR
Listing removedListed 126 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A PLEASANTLY APPOINTED top floor Flat situated within this purpose built block close to the Killingworth Centre, public transport, the lake and road links to nearby centres.
The property enjoys splendid views to the south and west from the Lounge and Kitchen and has been well maintained, well fitted and decorated by the present owners.
The accommodation briefly comprises:- Communal Entrance Hall with entryphone system and stairs to the upper floor Landing, Inner Hallway, spacious Lounge/Dining Area, well fitted Kitchen, two Bedrooms and combined Bathroom/w.c.
with shower which has just been totally refurbished.
There is electric storage heating, UPVC double glazing and we feel those who view will be impressed with the well proportioned accommodation available.
Available Now Please telephone 0191/2689000 for more details
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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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 Astley Court, Lakeshore, Killingworth, Newcastle Upon Tyne
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