2-bedroom flat · NE5 1LA
Listing removedListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom first floor flat on Eddrington Grove in Chapel House offers spacious and comfortable accommodation in a popular residential location.
Available from 7th September 2026, the property is ideal for tenants looking for a well presented home with outdoor space and off street parking.
The accommodation comprises a spacious lounge, a generous front double bedroom with built in wardrobes, and a second bedroom overlooking the rear of the property.
The bathroom has a white suite, fully tiled walls, and an electric shower over the bath.
The modern kitchen is well equipped with an integrated dishwasher, integrated freezer, built in electric oven, hob and extractor fan.
There is also space for a freestanding fridge and plumbing for a washing machine. Please note that both the washing machine and freestanding fridge are included with the tenancy.
Externally, the property benefits from an enclosed rear patio garden with gated access, providing a private outdoor space that is easy to maintain.
To the rear, there is a private driveway and garage offering convenient off street parking. Further benefits include gas central heating and double glazing throughout.
Your Move Chris Stonock would recommend an internal viewing to appreciate the accommodation and location on offer.
Within easy access to major road & bus links across the region via A1 and A69 motorways.
A selection of local shops are within walking distance to the property such as Supermarkets, Chemist and eateries.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWD110381/8
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.
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 advisors 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
.png)
FAQ
About 31, Eddrington Grove, Newcastle Upon Tyne
Explore nearby