We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE9 5YD
Under offerListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***NO ONWARD CHAIN*** Situated on a highly sought-after pedestrianised street in the heart of Low Fell this well-presented GROUND FLOOR FLAT offers stylish and comfortable accommodation making it an ideal purchase for first-time buyers, downsizers or investors.
The property benefits from gas central heating and double glazing, while retaining attractive original features including picture and dado rails creating a pleasing blend of traditional character and modern functionality.
The accommodation briefly comprises an entrance hallway, a bright and welcoming living room with bay window overlooking the front elevation and a quality fitted kitchen.
There are two good-sized bedrooms and a stylish refitted shower room.
Externally, the property benefits from a well-maintained front garden, while to the rear there is an electric roller shutter door providing valuable off-road parking.
Low Fell is a highly desirable and vibrant area, offering an excellent range of local amenities right on the doorstep.
The surrounding street provides a comprehensive selection of independent businesses catering for everyday shopping needs, while an extensive choice of coffee shops, bars and restaurants, many with outdoor seating, creates a lively and welcoming atmosphere.
The property is also conveniently positioned for access to Team Valley Retail Park, the Metrocentre and Newcastle city centre making it an excellent base for both work and leisure.
For those seeking recreation and culture, Low Fell provides easy access to the attractions along the River Tyne, including the Baltic Centre for Contemporary Art and The Glasshouse the region's renowned home for music.
This attractive property represents an ideal opportunity to acquire a stylish and conveniently located home with NO ONWARD CHAIN.
Early internal viewing is strongly recommended to avoid disappointment.
ENTRANCE HALLWAY 16' 5" x 7' 0" x 3' 4" (5.016m x 2.151m x 1.035m) Accessed via a partially glazed front door which opens into a T shaped entrance hall with neutral décor, fitted carpet, dado rail and central heating radiator.
LIVING ROOM 15' 1" x 11' 6" (4.606m x 3.524m) Well presented reception room with a double glazed bay window with fitted blinds overlooking the front aspect.
Retaining a picture rail and dado rail, the room has pleasant decoration, warmed by a double central heating radiator also fitted wall lights.
The focal point of the room is a modern fireplace and hearth with coal effect gas fire.
KITCHEN 10' 0" x 7' 3" (3.060m x 2.231m) Fitted with a good range of wall and base units and drawers with contrasting worktops.
Integrated oven, hob and extractor hood, plumbing for a washing machine and stainless steel sink and drainer unit.
Double glazed window to the rear elevation, combi boiler, central heating radiator, partially tiled walls and tiled flooring. Partially glazed external door to the rear.
BEDROOM ONE 13' 1" x 11' 6" (4.003m x 3.529m) A good size bedroom located to the front of the property. A beautiful feature cast iron fire place is the focal point of the room.
Central heating radiator, carpet, picture rail, ceiling rose and double glazed window.
BEDROOM TWO 11' 7" x 7' 8" (3.550m x 2.356m) The room features a double-glazed window overlooking the rear courtyard allowing an abundance of natural light.
Further benefits include attractive laminate flooring, picture and dado rails, a central heating radiator and a useful built-in storage cupboard.
SHOWER ROOM 8' 5" x 4' 3" (2.566m x 1.306m) A contemporary well-appointed bathroom featuring a generous double-length shower enclosure with both rainfall and handheld shower attachments, a semi-pedestal wash hand basin and low-level WC.
The room is finished with fully tiled walls and flooring, a PVC ceiling with recessed downlights, extractor fan and a double-glazed window with privacy glass and blind.
A white heated towel rail completes the room.
EXTERNALLY Externally, the property benefits from a well-maintained front garden, while to the rear there is an electric roller shutter door providing valuable off-road parking.
DISCLAIMER These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection.
Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information.
Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order.
Internal measurements are taken as a guide only for prospective purchasers and may not be precise.
Please contact the office for further detailed information on any points if unclear, in order for us to gain clarification from the vendor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Melrose Avenue, Low Fell, Gateshead
Explore nearby