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See how verdicts work2-bedroom flat · NE15 8HH
Listing removedListed 341 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal investment opportunity, this spacious first floor flat situated in a fabulous location in Newburn, this is a sought after area on the Western periphery of Newcastle, with pleasant walks and access to the riverside.
Well placed for the A69, there are good road and public transport links to the City Centre.
Offer no onward chain and internally comprising a communal entrance lobby with stairs up to the property, entrance hall, spacious lounge with double glazed bay window, breakfasting kitchen, two bedrooms, with ensuite facilities to the main bedroom.
There is also a family bathroom/W.C. Externally there a communal lawn area, an allocated bay, along with visitors parking.
Rook Matthews Sayer would highly recommend an internal viewing to appreciate the accommodation and location on offer.
Mining The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any. Tenure Leasehold.
It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 125 years from 1 January 2010 Ground Rent: £125 per annum (Approximately) Service Charge: £177 per month (Approximately) council tax band: A EPC rating: C Hall Central heating radiator and storage Lounge (16' 0'' x 13' 5'' plus bay window (4.87m x 4.09m)) Two central heating radiators, a double-glazed bay window and a standard double-glazed window.
Kitchen (15' 3'' Max x 8' 11'' Max (4.64m x 2.72m)) Fitted with wall and base units, splash back tiles, stainless steel mixer tap, plumbing for washing machine and an integrated oven with hob and extractor.
Bedroom One (11' 10''plus recess x 10' 7''plus recess (3.60m x 3.22m)) Double glazed window, central heating radiator and fitted wardrobes.
Bedroom Two (9' 7'' x 8' 0'' (2.92m x 2.44m)) Double glazed window and a central heating radiator. Externally Allocated Parking- communal area Communal entrance to first floor.
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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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
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FAQ
About 3, Stewart Court, Newcastle Upon Tyne
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