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See how verdicts work2-bedroom flat · ST5 3SJ
Listing removedReduced £5k (−5.3%) on 20 JunListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Heywoods Estate Agents are pleased to welcome to the market this delightful two-bedroom first floor apartment, ideally situated on Riversmead, Waveney Grove in the popular area of Clayton, Newcastle-under-Lyme.
Designed exclusively for the over 55’s, this well-presented home offers comfortable and convenient living in a pleasant and peaceful setting.
Please note: The sale price shown represents a 70% shared ownership. The apartment enjoys its own private access with a welcoming entrance hall and stairs leading to all principal rooms.
The spacious lounge is bright and inviting, featuring a large window that fills the room with natural light and offers a lovely outlook over the surrounding area.
The fitted kitchen is neatly arranged with a range of wall and base units, ample work surfaces and space for under-counter appliances, providing a practical and homely space for everyday use.
There are two well-proportioned bedrooms, with the master benefiting from fitted wardrobes offering excellent storage.
The modern shower room is finished to a high standard with a vanity unit housing the sink and w.c, and a separate useful storage room for added convenience.
The apartment further benefits from gas central heating and UPVC double glazing throughout.
Externally, residents can enjoy the attractive communal gardens, providing a pleasant place to relax and unwind, as well as a communal car park with an available parking space for all occupants for ease and security.
The property is set within a sought-after location, close to the town centre, local amenities, and public transport links.
The property also benefits from a partially boarded loft providing ample storage.
Beautifully maintained and ready to move into, this charming apartment offers a superb opportunity for those seeking a comfortable and well-positioned home within a friendly and established community.
Viewing is highly advised to fully appreciate all that this lovely property has to offer.
EPC Rating: C Landing (0.83m x 4.48m) Living Room (4.44m x 3.45m) Kitchen (1.95m x 3.45m) Bedroom One (4.35m x 2.54m) Bedroom Two (3.46m x 1.79m) Shower Room (1.95m x 1.96m) Store (1.95m x 1.37m) Disclaimer These particulars are provided for general guidance only and do not form part of any offer or contract.
Whilst every effort has been made to ensure the information is accurate, it should not be relied upon as statements or representations of fact.
Neither the vendor nor the agent make any warranty or representation regarding the property and the agent has no authority to do so on behalf of the vendor.
All measurements, areas and distances are approximate and photographs are for illustrative purposes only.
Fixtures, fittings, appliances and services referred to have not been tested and no guarantee can be given as to their condition or working order.
Material information has been provided by the seller and other sources and should be independently verified by prospective purchasers through inspection and by consulting their solicitor or surveyor.
If your offer is accepted, a £36 fee will apply for Anti-Money Laundering identity checks.
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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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.
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FAQ
About Flat 3, Riversmead Waveney Grove, Newcastle
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