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See how verdicts work2-bedroom flat · NE2 1PN
Sold STCListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom lower 'Tyneside' flat is ideally located on Greystoke Avenue, in the ever-popular suburb of Sandyford.
Greystoke Avenue, within close proximity to Jesmond Dene, is also situated well for easy access into Newcastle City Centre and also the nightlife and shopping facilities of Jesmond.
The accommodation briefly comprises: entrance hall; lounge with stripped wood flooring; kitchen with fitted units and work surfaces; rear hallway providing access to the rear yard; shower room complete with three piece suite; two bedrooms, bedroom one measuring almost 15ft with walk in bay.
Externally, a front town garden with dwarf wall and mature hedge and to the rear, an enclosed yard with wall boundaries and gated access to the service lane.
Ground Floor 'Tyneside' Flat | 642 Sq ft (59.6m2) | Two Bedrooms | Lounge | Kitchen | Shower Room | Front Town Garden & Enclosed Rear Yard | GCH | Leasehold - 92 Years Remaining | Service Charge £623.40 Per Annum | Council Tax Band A | EPC: D
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 Greystoke Avenue, Sandyford, Newcastle upon Tyne
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