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See how verdicts work2-bedroom flat · NE21 6NR
Listing removedListed 12 daysAuction 30 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FOR SALE BY AUCTION - 29th OCTOBER 2026 - OPTION ONE - TERMS AND CONDITIONS APPLY Appealing to a variety of buyers is this two bedroom maisonette flat offered for sale with vacant possession.
The property would benefit from some refurbishment and once complete could generate a rental income in the region of £500pcm.
Property does benefit from double glazed windows, gas central heating and with the accommodation over two floors it offers larger than expected accommodation.
Property briefly comprises external stairs to the first floor, entrance to flat, living room, kitchen and inner hallway to the first floor with stairs to the second floor, bathroom and two bedrooms.
The accommodation: Communal stairs to first floor. Lounge: 21’48’’ 6.40m x 10’24’’ 3.05m Part glazed UPVC door, double glazed windows to the front and rear, feature fir surround and two radiators.
Kitchen: 10’49’’ 3.05m x 7’79’’ 2.13m Double glazed window to the front, fitted with a range of wall and base units incorporating sink and drainer, tiled splash backs, built in electric oven and hob, built in cupboard and central heating boiler.
Inner Hallway: Double glazed window to the rear and stairs to first floor landing.
Second Floor: Bathroom: Double glazed window, bath with shower over, low level wc, pedestal wash hand basin, tiled splash backs and heated towel rail.
Bedroom One: 11’65’’ 3.35m x 10’40’’ 3.05m Double glazed window and radiator. Bedroom Two: 11’01’’ 3.38m x 9’72’’ 2.74m Double glazed window and radiator. EPC - C TENURE Leasehold.
It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 125 years from 30 October 1989 Ground Rent: £10 per annum Service Charge: £40 pcm PRIMARY SERVICES SUPPLY Electricity: MAINS Water: MAINS Sewerage: MAINS Heating: MAINS Broadband: UNKNOWN Mobile Signal Coverage Blackspot: No Parking: STREET PARKING Agents Note: Details produced by Agents Property Auction.
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee.
Joint Agents: The Agents Property Auction Ltd. Terms and conditions apply see website Property Auction . Com
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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
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FAQ
About Parkhead Square, Blaydon
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