2-bedroom flat · NE15 8UF
Listing removedReduced £25 (−3.2%) on 2 JunListed 227 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented first floor two bedroom apartment, offered on a part furnished basis available to move into by the end of May 2026.
Brief information - Two Bedroom - Part Furnished - Great Location - Available end of May 2026 - EPC Rating D - Council Tax Band A Accommodation This well presented property located in Lemington is a two bedroom part furnished apartment.
The accommodation comprises of kitchen benefiting from, oven and induction hob washing machine and a great size living room.
The property also has two double bedrooms, a bathroom with WC, wash basin and a bath with shower over. The flat is doubled glazed and has gas central heating.
The Location The flat is located in Lemington and offers great links to the A69, A1,and Newcastle Airport.
Holding Deposit - £144.00 It will be down to the prospective tenants to source their own media, internet and utility providers.
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 Cranfield Place, Newcastle Upon Tyne, NE15
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