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See how verdicts work1-bedroom flat · NE6 5AT
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description *** Video tour *** No chain *** Ideal first buy *** Located on the edge of Jesmond Vale, this unique one bedroomed ground floor flat offers the attraction of a front garden, along with lovely sized principle rooms which are all very well presented.
The flat has gas combi central heating, and is well placed for easy access to the city centre, Ouseburn and beautiful walks in Heaton Park and Jesmond Vale. No Chain. Ideal first home.
Council tax band A. Energy rating D. Leasehold. (see agent's notes). Rear door to :: Reception hallway with cupboard, radiator. Bathroom: With radiator. White suite with over bath shower.
Kitchen: Radiator. Fitted units. Plumbed for washer. Electric cooker point. Gas combi boiler.
Inner hallway leading to : Living room: With bay window and beautiful views into the front garden and trees beyond. Polished floorboards. Radiator. Double bedroom: With radiator. Work space. Cupboard.
Front shared hallway: With access door to front garden. Outside space: Lawned garden to front, with two decking areas. The lawned garden beyond the second decking area is owned by the upper flat.
Shared patio yard to the rear with space for bins. Leasehold: Leasehold from Newcastle City Council, with 125 years from 9 August 2021.
Annual management charge of £178 which includes building insurance. These details are provided in good faith and must be confirmed by your conveyancer prior to exchange of contracts.
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
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FAQ
About Stratford Grove, Newcastle upon Tyne
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