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See how verdicts work2-bedroom flat · NE25 9LN
For saleReduced £4k (−2.8%) on 26 OctListed 294 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A PURPOSE BUILT UPPER FLAT situated in this highly favoured and sought after location close to Sainsburys, the Metro and all other facilities.
Having the added security benefit of being on the FIRST FLOOR with an entry phone system, this property would provide ideal accommodation suitable for both young and old alike.
The main features include a large 'L' shaped lounge/diner, well fitted modern kitchen and recently refurbished shower room/WC.
There are TWO GOOD SIZED BEDROOMS, electric heating, communal gardens and allocated parking.
Sensibly priced for an early sale, an internal inspection is essential to fully appreciate this ready to move into apartment.
Ground Floor Communal Entrance Lobby Stairs off to upper floors.
First Floor Landing Inner Hallway Two built in storage cupboards, entry phone point, night storage heater.
Lounge/Diner 5.4m x 4.2m Double French doors and Juliet balcony provide great natural lighting, TV point, night storage heater.
Dining Area Photo Kitchen 2.36m x 2.06m A refurbished kitchen with range of Shaker style wall and floor units, stainless steel one and a half single drainer sink unit, built in electric hob, oven and stainless steel extractor, built in fridge freezer, integrated washing machine, granite effect style worktops, splash tiling and spot lights.
Bedroom One 3.35m x 3.05m Double window (with fitted blind), electric radiator, two double mirrored wardrobes..
Bedroom Two 3.05m x 2.03m Double glazed window (with fitted blind) and electric radiator.
Shower Room/WC Modern white low level WC, wash hand basin in vanity unit with lit mirror above, walk-in shower cubicle, splash tiling, extractor fan and chrome heated towel rail.
External Access to communal gardens and allocated parking bay.
Agent's Notes * Highly Sought After Location * Ready to Move Straight Into * Close to Metro and Sainsburys * Refurbished Kitchen and Shower Room Lease & Maintenance Charges We understand the following applies Leasehold: 999 years from 1980 Ground Rent: £ TBC Service Charge: £1535.79 per annum All prospective purchasers will need to verify this information with their legal advisor.
Council Tax North Tyneside Council Tax Band B Mortgage Advice A comprehensive mortgage planning service is available via Darren Smith of NMS Financial Limited.
For a free initial consultation contact Darren on .
**Your home may be repossessed if you do not keep up repayments on your mortgage** Location Map Energy Performance Certificate EPC Rating C
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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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.
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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.
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About 39, Chathill Close
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