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 · NE28 9QR
Sold STCListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GREAT FIRST BUY OR DOWNSIZE • TWO BEDROOM GROUND FLOOR FLAT • PRIVATE REAR GARDEN GARDEN TO FRONT ALSO • SITUATED ON POPULAR ESTATE OF HADRIAN PARK • OPEN PLAN LIVING • INTEGRATED APPLIANCES • COUNCIL TAX BAND A • ENERGY RATING C • 999 YEAR LEASE FROM 10.06.1964 Hallway - 2.01 x 0.99 (6'7" x 3'2") - Double glazed entrance door, storage cupboard, radiator and laminate flooring.
Open Plan Lounge/Kitchen - 7.18 x 3.60 (kitchen 2.90 width) (23'6" x 11'9" (k - Open plan living area.
The kitchen is fitted with a modern range of wall and base units with contrasting work surfaces over, integrated oven and hob with extractor hood over, integrated fridge, freezer and plumbed for washing machine, double glazed window, external door to the rear garden.
The lounge area has a double glazed window and radiators.
Bedroom 1 - 3.58 x 2.91 (11'8" x 9'6" ) - Double glazed window to the front elevation, radiator, laminate flooring and built in sliding door wardrobe Bedroom 2 - 2.38 x 2.22 (7'9" x 7'3" ) - Double glazed window to the rear elevation, radiator and laminate flooring.
Bathroom - 2.47 x 2.35 (8'1" x 7'8" ) - Comprising; bath with overhead shower, WC and a wash hand basin, part tiled walls, ladder style radiator, double glazed window to the rear elevation.
External - There is a lawned garden to the front of the property and to the rear there is a private garden which has decking and has artificial turf with a fenced perimeter.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2- Good outdoor and in-home Three- Good outdoor, variable in-home Vodafone - Good outdoor, variable in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Leasehold - Leasehold 999 years (less 10 days) from 1 June 1964. We have been advised the Ground Rent is £20 per annum currently paid in two installments.
This information must be confirmed via your legal representative.
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
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FAQ
About Cheadle Avenue, Hadrian Park
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