3-bedroom flat · NE6 2SX
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Video Tour on our YouTube Channel | ** This three-bedroom, first-floor flat is ideally situated on Allendale Road in Byker and is offered to the market with the advantage of no upper chain, making it an attractive opportunity for both first-time buyers and investors alike.
The property enjoys a highly convenient location, with a wide range of local amenities right on the doorstep, including independent shops, supermarkets, cafés, and well-regarded local parks.
It is also within close proximity to the picturesque St Peter's Marina and the scenic River Tyne, offering pleasant riverside walks and excellent leisure opportunities.
Internally, the accommodation is well laid out and briefly comprises an entrance hallway with stairs leading to the first floor, a bright and welcoming lounge, and three generously proportioned bedrooms, the principal of which benefits from fitted wardrobes providing ample storage space.
The kitchen is fitted with a range of wall and floor units, offering practical workspace and storage, while the bathroom is equipped with a three-piece suite including a bath, wash basin, and WC.
Additional benefits include gas central heating and double glazing throughout, ensuring comfort and energy efficiency. Externally, there is a private yard to the rear, providing useful outdoor space.
Early viewing is highly recommended to fully appreciate the accommodation and location on offer. For further information and to arrange a viewing, please contact our team on .
Tenure The agent understands the property to be leasehold. However, this should be confirmed with a licenced legal representative. Council Tax Band: A
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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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 Allendale Road, Byker
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