2-bedroom flat · NE12 6DL
Sold STCListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***** INTERNAL INSPECTION IS UNRESERVEDLY RECOMMENDED OF THIS IMMACULATE SECOND FLOOR APARTMENT***** situated within this popular development in the heart of Killingworth.
The Killingworth Centre including an extensive range of shops and bus station are within walking distance and there are excellent public transport and road links to nearby centres.
The accommodation briefly comprises:- communal entrance hall with entry phone and stairs to the upper floors, inner hallway, spacious living room with aspect to the south, well fitted kitchen, two bedrooms and newly fitted shower room/w.c.
Externally there are communal grounds and an allocated car parking space. The property has electric heating and offers a particularly high standard of decoration and fittings throughout.
An excellent opportunity for a wide range of prospective buyers being absolutely ready to occupy and with no upper chain.
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
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FAQ
About Regency Apartments, Killingworth
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