2-bedroom flat · NE13 6EF
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available 12th August | two bedrooms | ground floor | shared yard | unfurnished Immaculately presented two bedroom ground floor flat situated on the ever popular East View in Wideopen, available immediately on an unfurnished basis.
The property briefly comprises; entrance hallway, living room, two double bedrooms, kitchen and large bathroom. Externally there is a shared yard.
Its location is a major advantage, with easy access to local parks and a convenient bus route to Newcastle City Centre, making commuting a breeze for both northbound and southbound journeys.
Material Information Flood Risk River and Sea: No Risk Surface Water: Very Low Utilities and Services Electricity: Mains Water: Mains Gas Mains Sewerage: Mains According to the Ofcom website the estimated download speeds are: Standard: 12 Mbps Superfast: 80 Mbps Ultrafast: 1000 Mbps Network Availability: Virgin Media, Openreach Mobile coverage is offered by EE, Three, O2, Vodafone Planning/Development We have been informed by the landlord that they are not aware of any planning or development plans at this property or in the surrounding areas.
The landlord may not have complete awareness of all planning and development applications in the nearby areas.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. GOS240143/8
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 88, East View, Newcastle upon Tyne
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