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See how verdicts work2-bedroom flat · NE20 9EZ
For saleListed 890 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Ponteland this attractive apartment in situated in the ever popular Mayfair Gardens.
Accessed via a shared entrance which leads to the spacious apartment, that has good sized rooms including a separate dining area and a refurbished kitchen. Garage and communal gardens.
Entrance Hall (1.78m x 2.26m) A spacious entrance hall.
Lounge (4.76m x 4.21m) Double glazed window to the front elevation, marble inset fire place, electric fire, double panel radiator and television point.
Dining Room (2.27m x 5.47m) Double glazed window to the front elevation, television point and double panel radiator.
Kitchen (2.09m x 3.51m) Double glazed window to the front of the property, fitted wall and base units, tiled walls, electric oven, single drainer sink unit, space for dish washer and radiator.
Master Bedroom (3.36m x 3.86m) Double glazed window to the rear elevation, fitted mirrored wardrobes with sliding doors telephone point and radiator.
Bedroom Two (3.4m x 2.28m) Double glazed window to the rear elevation and radiator. Bathroom 2.08 x 2.81m - Shower, sink inset into vanity unit, low level WC, extractor fan, radiator and tiled walls.
Garage
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
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FAQ
About 23, Mayfair Gardens, Newcastle upon Tyne
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