1-bedroom flat · NE12 9PB
Listing removedListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Presenting a charming one-bedroom top floor apartment, now offered for sale in the sought-after and peaceful neighbourhood of Benton, Newcastle upon Tyne.
The property comprises a well-proportioned reception room, a spacious double bedroom with ample storage, and a modern, fully fitted bathroom.
In addition, there is a single detached garage situated to the rear of the building complex.
Originally constructed with careful attention to detail, the apartment offers comfortable and low-maintenance living, making it an excellent choice for first-time buyers, downsizers, or buy-to-let investors.
It provides the ideal balance of tranquillity while remaining well connected to Newcastle city centre and a range of local amenities.
The property currently holds an EPC rating of D; however, it has recently undergone refurbishment which is expected to improve this rating.
It also falls within Council Tax Band A, adding to its affordability and overall appeal.
The property further benefits from a peppercorn lease, meaning no ground rent will be payable, making it an attractive and cost-effective leasehold purchase.
This well-presented apartment offers a warm and welcoming atmosphere and represents a fantastic opportunity to purchase a home in one of Newcastle's most popular residential areas.
Service charge is approximately 1,500 per annum, with the exact figure to be confirmed in due course. Early viewing is highly recommended.
Please contact Pattinson Estate Agents to arrange a viewing, as properties of this type and location are rarely available for long on the market.
| Council Tax Band: A Tenure: Leasehold Length of Lease: 941 Annual Service Charge Amount: 1,470.00 Exterior Secure communal entrance with stairs to all floors Living Room (4.40m x 4.28m) Double glazed window to the rear.
Spacious bright room, carpeted throughout.
Kitchen (3.7m x 1.6m) Good range of wall and base units, complementing work surfaces, plumbed for washing machine, space for oven, stainless steel sink, space for appliances. Double glazed window.
Hallway 3 storage cupboards Bathroom (1.50m x 1.56m) Three piece shower room comprising of: Shower over bath, hand wash basin, low level WC, storage cupboard.
Bedroom 1 (3.53m x 3.18m) Double glazed window to rear, electric storage heater.
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 11 Craigmont Court, West Avenue, Newcastle upon Tyne
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