2-bedroom flat · NE3 3GH
Let agreedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property off Kenton Lane is located in the Central Grange development, a recent build estate close to the Newcastle Airport.
There are also many shops, transport links and local amenities of the surrounding area.
This superbly well present two bedroom second floor apartment is available on an furnished basis, and has an allocated parking bays, with plenty of visitor parking also available.
The entrance hallway to the property leads to a spacious lounge/dining room furnished with two leather faux sofas, coffee table, desk and tv unit all tied in with a modern contemporary decor.
The kitchen has white wood units, and integrated appliances including, fridge/freezer and integrated washer/dryer.
The master bedroom is a spacious double room with no bed while bedroom two is smaller still a double size room but furnished with a single bed.
The bathroom has smart white fitted suite with shower to the bath and shower screen. The apartment is warmed by gas central heating and is fully double glazed. Council Tax Band A, Newcastle upon Tyne.
Council Tax Band: A Holding Deposit: £173.00
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 Ashover Road, Kenton
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