2-bedroom flat · NE4 5TD
For saleListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are pleased to welcome this two-bedroom ground floor flat to the market, ideally situated in Newcastle Upon Tyne.
Offering a great location, the property is just a five-minute walk into Newcastle City Centre, placing a wide range of amenities right on your doorstep.
Excellent transport links are also close by, including Haymarket bus station and Monument metro station, along with convenient access to major road networks.
Upon entering the property, you are welcomed into a central hallway which leads through to a spacious living room, providing ample room for a variety of furnishings.
The living room flows seamlessly into the kitchen, which is fitted with base and wall units. From here, you can access the rear yard.
Continuing through the property, there are two bedrooms, both of which can comfortably accommodate a double bed along with additional furnishings.
Bedroom one benefits from sliding door fitted wardrobes, while bedroom two features a built-in cupboard for added storage.
Completing the accommodation is the bathroom, fitted with a bathtub and overhead shower, hand basin, and W.C.
Externally, the property offers a yard, ideal for outdoor furniture and enjoying the warmer months. To the front, on-street parking is available, providing added convenience for residents.
Living Room (4.29 x 3.74 (14'0" x 12'3")) Kitchen (3.24 x 2.17 (10'7" x 7'1")) Bedroom One (3.07 x 3.27 (10'0" x 10'8")) Bedroom Two (2.59 x 4.3 (8'5" x 14'1")) Bathroom (2.59 x 1.43 (8'5" x 4'8"))
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
FAQ
About 19, Spring Garden Lane, Newcastle Upon Tyne
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