1-bedroom flat · ST5 3JS
Listing removedListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A spacious, one bedroom, top floor flat having been recently refurbished and situated in a prime residential location.
The property has undergone an extensive re-fit including new kitchen, new bathroom, re-wiring and upgraded central heating.
The accommodation is ideally suited to a and benefits from a particularly spacious, open plan living space along with a double bedroom and separate dressing room/box room.
The property is approached off Harrowby Drive and includes a single garage with a parking space in front.
The communal entrance has intercom access for each apartment and number six is located on the top floor via a central stair-well.
Inside the apartment itself is a hallway with three useful built in cupboards.
The spacious living space is light and airy with a full width window to the front of the building and second window to the rear.
The new kitchen has fitted cupboards with wood effect worktops and drainer sink. Integrated appliances include fridge, freezer, electric oven and four ring induction hob with extractor hood over.
A peninsula unit with breakfast bar separates the kitchen area from the living area. There is also a full height larder cupboard with plumbing for a washing machine.
The bathroom has been fully refitted with a suite comprising bath with mixer shower above and glass screen as well as a concealed cistern WC and vanity wash basin with cupboards below.
The walls and floor are fully tiled and there is a chrome ladder radiator. Harrowby Drive is a highly regarded and much sought after location on the outskirts of Newcastle under Lyme.
Set in a mature, quiet neighbourhood yet within easy reach of the town centre and all the amenities on offer.
A pre-application process is carried out on all applicants expressing an interest in the property prior to viewing. There is no charge for this.
It is carried out to provide information to the Landlord of potential tenants. For the successful applicant a holding deposit will be required which is the equivalent to one weeks rent.
This will be deducted from the first month’s rental payment.
If the application is unsuccessful due to the potential tenant providing inaccurate information for example, not declaring adverse credit history, Follwells are within their right to withhold the holding deposit to cover any costs incurred for the referencing.
Please note all tenants over the age of 18 are required to be referenced. A security deposit is payable prior to the tenancy commencing, equivalent to five weeks rent.
This will be held by the tenancy deposit scheme. EPC Rating: C
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 6, Elmhurst Harrowby Drive, Newcastle
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