3-bedroom flat · NE4 9HR
Sold STCListed 459 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you looking for a 3 bedroom first floor flat?? located in a great area?? Does this sound like your next home?? Arrange your viewing today!!
Property additional info DESCRIPTION: Hm residential would like to welcome to the market this three bedroom first floor flat, located in an extremely popular area, ideally located to amenities and transport links, along with being walking distance to local Primary schools.
This property briefly comprises, Entrance hallway, two double bedrooms, one single bedroom, spacious living area, kitchen, and bathroom, Externally is an enclosed rear yard.
Early viewings are recommend. HALLWAY LIVING ROOM: 15' 7" x 13' 7" (4.75m x 4.16m) Spacious living area with storage cupboard, radiator, carpet, double glazing.
KITCHEN: 12' 0" x 8' 6" (3.66m x 2.60m) Fitted with a range of matching wall and base units, tile splash back, stainless steel sink with mixer tap, tiled flooring, double glazed window and radiator.
BATHROOM: 7' 7" x 6' 5" (2.33m x 1.96m) With three piece bath suite, fully tiled walls and floor, bath with overhead shower, double glazed window, radiator.
BEDROOM ONE: 13' 7" x 13' 7" (4.16m x 4.15m) Spacious main bedroom, double glazed window, carpet, radiator.
BEDROOM TWO: 11' 0" x 8' 2" (3.36m x 2.50m) Double bedroom to the rear of the property, carpet, double glazed window, radiator.
BEDROOM THREE: 9' 9" x 8' 1" (2.98m x 2.47m) Spacious single bedroom to the front of the property, double glazed window, carpet, radiator.
EXTERNALLY: The property provides on street parking to the front of the property, to the rear is an enclosed yard.
Value & comps
No previous sales on record.
Returns
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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 Wingrove Gardens, Fenham, Newcaslte Upon Tyne, NE4
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