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2 Bed Flat, Refurb/BRRR, Newcastle upon Tyne, NE2 4AU £90,000

Wallace Street, Newcastle Upon Tyne, NE2 4AU - 14 views - 6 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE2
  4. NE2 4AU
Leasehold
Cash
Refurb/BRRR
ROI: 6%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE2
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Newcastle Upon Tyne
  • More Refurb/BRRR Deals in NE2

Property History

Price changed to £90,000

August 7, 2025

Listed for £100,000

June 13, 2025

Floor Plans

Description

  • Two bedroom Flat +
  • In need of some updating +
  • All services/appliances have not and will not be tested +
  • No upper chain +
  • EPC rating C +
  • Council Tax Band A +
  • Leasehold - 99 years from 1 March 1988 - 62 years left +
  • Cash buyers only due to short lease +
  • Service charge to be confirmed +
  • Ground rent £30 per annum +

This two-bedroom flat in need of some updating is now for sale! The property boasts a single reception room, kitchen, 2 bedrooms and a bathroom.The property's unique feature is its provision for residents parking, a rare and valuable addition, particularly in such a highly sought-after location so close to the city centre. The flat is surrounded by an array of amenities and attractions. For those who value easy access to public transport, you will be pleased to know that excellent links are just a stone's throw away. Additionally, the property is within proximity to green spaces and nearby parks, providing ample opportunity to enjoy the outdoors and the area's historical features.The flat is also in close proximity to Royal Victoria Hospital, making it an ideal choice for healthcare professionals. Newcastle University is also nearby, which could make this property an attractive prospect for staff or students seeking a short commute. Despite its central location, the flat falls within council tax band A, further enhancing its appeal. It is also offered with no upper chain.

PRIMARY SERVICES SUPPLY
Electricity: MAINS
Water: MAINS
Sewerage: MAINS
Heating: GAS CENTRAL HEATING
Broadband: NOT CURRENTLY INSTALLED
Mobile Signal Coverage Blackspot: NO
Parking: ALLOCATED PARKING SPACE 
MINING: The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.  Confirmation should be sought from a conveyancer as to its effect on the property, if any. 
Property details:
Entrance Hall
Lounge - 12'5 x 11'1 (3.78m x 3.37m)
Kitchen - 11'0 x 5'6 (3.35m x 1.68m)
Bedroom 1 - 8'2 x 12'0 (2.49m x 3.66m)
Bedroom 2 - 8'11 x 6'0 (2.72m x 1.82m)
Bathroom/wc

Agent Details

Rook Matthews Sayer, Jesmond

0191 625 0131

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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