3-bedroom flat · NE4 5HW
Listing removedReduced £5k (−5.6%) on 27 AugListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for sale with no chain is this maisonette, located in Arthurs Hill. The accommodation to the fourth floor briefly comprises of hallway and open plan lounge/kitchen.
To the lower floor is a landing, three bedrooms, bathroom and separate WC. The master bedroom has access to a balcony.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.
Council Tax Band: A EPC Rating: D Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: None Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights Listed? No Conservation Area? No Restrictions on property?
No Easements, servitudes or wayleaves? No Public rights of way through the property?
No Risks Flooding in last 5 years: No Risk of Flooding: Zone 1 Any flood defences at the property: No Coastal Erosion Risk: Low Known safety risks at property (asbestos etc…): No Building works Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No Accessibility This property has no accessibility adaptations.
Tenure 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 2 September 1991 Service Charge (including Ground Rent): £239.63 every 6 months Hallway Stairs to lower floor.
Open Plan Lounge/Kitchen (20' 2'' x 15' 9'' (6.14m x 4.80m)) Lounge Area Double glazed window to the rear. Kitchen Area Double glazed window to the rear. Electric oven. Electric hob.
Plumbed for washing machine. Sink/drainer. Extractor hood. Storage cupboard. Lower Floor Landing Storage cupboard. Bedroom One (14' 1'' plus wardrobe x 9' 2'' (4.29m x 2.79m)) Door to balcony.
Fitted wardrobe. Bedroom Two (13' 11'' max x 7' 0'' (4.24m x 2.13m)) Double glazed window to the front. Bedroom Three (8' 10'' x 8' 6'' (2.69m x 2.59m)) Double glazed window to the front.
Bathroom (9' 11'' max x 5' 0'' (3.02m x 1.52m)) Frosted double glazed window to the rear. Shower cubicle. Vanity wash hand basin. Low level WC. Extractor fan. WC Low level WC. Wash hand basin.
Value & comps
No previous sales on record.
Returns
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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 258a, Baxterwood Court, Newcastle Upon Tyne
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