2-bedroom flat · NE27 0RL
Let agreedListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning top floor apartment in this sought after, modern development.
With a fabulous, convenient location, short walking distance to the Metro, shops, bus routes and with close commutable links to the A1058 City Centre, A19 North and South, Cobalt Business Park and Silverlink, you really couldn't ask for more!
Well-presented throughout, spacious hallway, lounge through dining room, contemporary and stylish kitchen with integrated appliances, two spacious bedrooms, the principle with fitted wardrobes.
Stylish, modern bathroom with shower. Allocated parking bay, available now! Leasehold, EPC: C. Council Tax Band: B. Gas, Electric, Water, Heating, Drainage: Mains Connected.
Broadband: Tbc, Mobile Phone Blackspot: No. Rent - £825 Holding Deposit - £190 Security Deposit - £950
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
FAQ
About 35, Fenwick Close, Newcastle Upon Tyne
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