2-bedroom flat · NE28 8RR
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this apartment in Wallsend, featuring a secure communal entrance and first-floor accommodation.
The property comprises an entrance hallway, an open-plan lounge and kitchen, a main bedroom with en-suite facilities, a second bedroom and a separate bathroom.
The open-plan living space is ideal for relaxing and entertaining, while the two bedrooms and two bathrooms make the apartment a practical choice for couples, professionals or sharers.
The apartment is conveniently situated in Wallsend, within easy reach of local shops, amenities and public transport, including Wallsend Metro station, making it a convenient option for commuting into Newcastle and travelling around the wider Tyne and Wear area.
Northwood Tyneside Ltd is a member of The Property Ombudsman Scheme and the Propertymark Client Money Protection Scheme.
Our landlord and tenant fees can be found at the following links Landlord Tenant 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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About Reiver Court, Wallsend, Newcastle upon Tyne, NE28
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