1-bedroom flat · NE4 9HE
Listing removedListed 131 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
New build 1-bedroom apartments to let now Lewis Drive, Fenham, NE4 9HE Available Now £900.00 pcm The Property has been developed to a Very High Standard Open plan kitchen and lounge with hardwood flooring Double bedroom with En suite Fully Furnished Electric heating, Double Glazed Located on the ground floor Walking distance to all local amenities, Great Transport Links EPC D £900.00 pcm Features 18/06/2026 Kitchen-Diner On-road Parking Garden En-suite Water source: Direct mains water.
Electricity source: National Grid. Sewerage arrangements: Standard UK domestic. Heating Supply: Central heating (electric).
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
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FAQ
About Flat 2, 4 Lewis Drive, Fenham
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