We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE6 4JL
Sold STCListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHAIN FREE • READY TO MOVE INTO • TWO BEDROOM GROUND FLOOR FLAT • GREAT FIRST BUY • SHARED YARD WHICH HAS BEEN PARTITIONED TO PROVIDE PRIVATE AREA INTEGRATED APPLIANCES INCLUDED • COUNCIL TAX BAND A • ENERGY RATING TBC CLOSE TO LOCAL AMENITIES AND GREAT TRANSPORT LINKS TO NEWCASTLE CITY CENTRE 999 YEAR LEASE FROM 29.03.1990 Entrance - Entrance door into the lobby, inner door to hallway, radiator, laminate flooring and cupboard.
Living Room - 4.85 x 3.88 max (15'10" x 12'8" max) - Double glazed window, radiator, laminate flooring and newly decorated.
Kitchen - 3.95 x 2.60 (12'11" x 8'6") - Double glazed window and door to the rear yard, radiator, recessed lighting and laminate flooring, modern fitted kitchen with a range of floor and wall units, counters and sink.
Integrated appliances include electric hob with overhead extractor hood, oven and fridge and freezer.
Rear Lobby - 2.13 x 0.87 (6'11" x 2'10") - Laminate flooring, plumbing for washing machine and access to bathroom.
Bathroom - 2.49 x 1.66 (8'2" x 5'5") - Double glazed window, ladder style radiataor, recessed lighting, WC, wash hand basin set in vanity unit and bath with overhead shower.
Bedroom 1 - 5.17 into bay x 4.42 (16'11" into bay x 14'6") - Double glazed bay window, radiator, decorative coving, and newly decorated and carpeted.
Bedroom 2 - 3.31 x 2.77 (10'10" x 9'1") - Double glazed window, radiator, decorative coving, and newly decorated and carpeted. Fitted wardrobes.
External - There is a shared yard to the rear whch has been partitioned to provide a private area.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE-L Good outdoor, variable in-home O2- Good outdoor and in-home Three- Good outdoor and in-home Vodafone - Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Leasehold - 999 Year Lease from 29 March 1990. This information must be confirmed via you conveyancer.
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 Welbeck Road, Walker
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