2-bedroom house · ST5 5FG
For saleReduced £10.5k (−4.4%) on 12 AugListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership opportunity - An immaculately presented semi-detached property location in Baldwins Gate within a modern and sought after development.
Offering accommodation comprising; entrance hall, spacious living room, kitchen diner, with fitted appliances, guest cloakroom, two double bedrooms and a stylish bathroom.
Benefitting from off-road parking for two vehicles, an enclosed rear garden, gas combi central heating, uPVC double glazed windows and doors throughout.
A 25% share of the equity is available to purchase, the remainder is owned by Cerris Homes with a required monthly rental payment plus service charge. Early Viewing Essential.
Entrance Hall A composite part obscure double glazed front door opens to the hallway.
Offering scrubbed oak finish laminate flooring, radiator, doorway to the living room and access to the first floor stairs.
Living Room A spacious reception room offering a uPVC double glazed window to the front elevation, radiator, scrubbed oak finish laminate flooring, central heating thermostat and doorway to the kitchen diner.
Kitchen Diner Fitted with a range of gloss grey finish wall and floor units, contrasting marble effect work surfaces with brick tile splash-backs and inset stainless steel sink and drainer with chrome mixer tap.
Radiator, uPVC double glazed window and French doors opening to the rear patio and garden, scrubbed oak finish laminate flooring, extractor fan, under stairs storage cupboard and doorway to the guest cloakroom.
Wall cupboard housing a Vaillant Eco-Tec Sustain 34 gas combi heating boiler.
Appliances including: Stainless steel gas hob with stainless steel splash-back and matching extractor hood and light above, integral electric oven.
Plumbing for a washing machine and space for a freestanding upright fridge freezer.
Guest Cloakroom Fitted with white suite comprising; low level push button WC and pedestal wash hand basin with tiled splash-back and chrome taps.
Radiator, uPVC obscure double glazed window to the side aspect, extractor fan and scrubbed oak finish laminate flooring. First Floor Stairs & Landing With carpet throughout and loft access.
Bedroom One Offering two uPVC double glazed windows to the front of the property, feature part panelled wall, storage cupboard, radiator and carpet Bedroom Two A second good size double bedroom with two uPVC double glazed windows overlooking the rear garden, radiator and carpet Bathroom Fitted with white suite comprising: Standard bath, panel and shower screen with chrome taps and Triton T80 electric shower system above, low level push button WC, pedestal wash hand basin with tiled splash-back and chrome taps.
Part tiled walls, uPVC obscure double glazed window to the side aspect, radiator, extractor fan and tile effect vinyl flooring.
Outside The property is approached via a block paved driveway providing off road parking for two vehicles. Front With paved pathway leading to an open porch with coach light before the front door.
There is side access to the rear garden via a paved pathway and wooden gate.
Rear Garden The enclosed rear garden offers a paved patio and pathway, lawn, stocked borders, timber fence panelling, exterior light, power and water connections.
General Information For sale by private treaty, subject to contract.
Vacant possession on completion Freehold - 25% ownership available Rent £455.02 pcm Service Charge £50.07 pcm (Ask Tinsley Garner Limited for further details) Council Tax Band C Services Mains gas, water, electricity and drainage.
Gas combi central heating. Viewings Strictly by appointment via the agent.
Value & comps
No previous sales on record.
Returns
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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 6, Skylark Row, Newcastle
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