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See how verdicts work2-bedroom flat · NE2 2ER
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of the highly regarded area of Jesmond, this two-bedroom retirement apartment at Woodland Mews offers comfortable and convenient living within a welcoming residential development for residents aged 60 and over.
Ideally positioned to take advantage of the area's excellent selection of local amenities, the property is within convenient reach of Jesmond's vibrant range of shops, cafes and restaurants, providing plenty of opportunities to enjoy the local community and everything it has to offer.
The development is also well placed for access to public transport links and local services, offering convenient connections to Newcastle city centre and the surrounding areas.
Woodland Mews is a warden-controlled development designed to provide a comfortable and secure living environment.
Residents benefit from a secure intercom entry system, lift access to all floors and a range of attractive communal facilities.
These include a communal lounge and sun room, providing pleasant spaces in which to relax and socialise with fellow residents, along with beautifully tended communal grounds that offer an attractive outdoor setting.
Parking is also available for both residents and visitors, adding further convenience to everyday living.
The apartment itself offers well-proportioned accommodation, beginning with a spacious entrance hallway that provides access to the principal rooms.
The lounge is a comfortable living space, featuring a decorative fire surround that creates an attractive focal point and adds character to the room.
The fitted kitchen provides a practical arrangement of units and work surfaces, together with space for the inclusion of a freestanding cooker and fridge/freezer.
There are two double bedrooms, offering versatile accommodation to suit a range of individual needs.
The principal bedroom benefits from access to an en-suite WC, providing an additional level of convenience.
The second bedroom is currently utilised as a dining room, demonstrating the flexibility of the accommodation and offering an alternative arrangement for those who may prefer a separate dining area, hobby room or additional bedroom.
Completing the internal accommodation is the bathroom, which is fitted with a double shower enclosure, a WC with concealed cistern and a hand wash basin.
Early viewing is highly recommended to fully appreciate the accommodation, communal facilities and desirable location this property has to offer.
EPC Rating: C Hallway (3.41m x 1.59m) Lounge (4.90m x 3.25m) Kitchen (3.08m x 1.92m) Bedroom 1 (4.09m x 2.23m) Wc (1.04m x 0.98m) Bedroom 2 (3.19m x 3.07m) Bathroom (2.04m x 1.63m) Agents Notes We are currently awaiting clarification regarding the building regulations for the conversion of a cupboard to an en-suite WC.
Any prospective purchasers must obtain confirmation of the requirements before proceeding with a purchase.
Property Information Local Authority: Newcastle Flood Risk: This property is listed as currently having a very low risk of surface water flooding and a very low risk of river and sea water flooding, although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband: BT, Sky – Basic, Superfast, Ultrafast Mobile Network Coverage: EE, Vodafone, Three, O2 in the area Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About 29 Woodland Mews Reid Park Road, Newcastle Upon Tyne
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