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See how verdicts work2-bedroom house · NE4 9DR
Listing removedListed 319 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Second floor well presented retirement apartment with no chain. The property is located in the exclusive McCarthy & Stone development for the over 60's.
The development was built as purpose built retirement living.
Browning Court consists of 36 one and two bedroom apartments situated in the residential area of Fenham, set back from Fenham Hall Drive on Fenham Chase Browning Court benefits from an on site House Manager, 24 hour emergency call system, resident's communal lounge where social events take place, camera door entry system, guest suite for family and friends and a laundry room.
The accommodation to this property briefly comprises of communal entrance with stairs and lift leading to subject flat.
The subject flat comprises of hallway, lounge, kitchen, two bedrooms and bathroom.
Externally, there is permit parking to the front and well manicured mature gardens surrounding all sides of the property. The property benefits from double glazing throughout.
The property is situated close to local public transport routes to and from Newcastle city centre, the MetroCentre, and easy access to the A1 and A69. Early viewing is recommended.
Council Tax Band: A EPC Rating: C Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Asdl Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining It is not known if the property is situated on a coalfield.
It is also not known if the property has been directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
Tenure It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 109 years remaining as at September 2024 Ground Rent - £495 per annum Service Charge - £425.59 per annum Communal Entrance Subject Flat Hallway Two storage cupboards. Electric heater.
Lounge (21' 8'' x 10' 8'' (6.60m x 3.25m)) Juliette balcony. Electric heater. Kitchen (7' 4'' x 7' 10'' (2.23m x 2.39m)) Double glazed window to the rear. Electric hob. Electric oven.
Plumbed for dishwasher. Bedroom One (17' 2'' max x 9' 0'' (5.23m x 2.74m)) Double glazed window to the rear. Fitted wardrobe.
Bedroom Two (16' 6'' max x 9' 7'' (5.03m x 2.92m)) Double glazed window to the rear. Fitted wardrobe. Electric heater. Bathroom (9' 6'' max x 6' 10'' (2.89m x 2.08m)) Panelled bath with shower over.
Shower cubicle. Vanity wash hand basin. Low level WC. Heated towel rail. External Landscaped gardens. Permit car parking.
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
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FAQ
About 33, Browning Court, Newcastle Upon Tyne
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