1-bedroom flat · NE28 9YD
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming studio apartment, perfect for anyone looking for a cosy and affordable place to call home.
Available from the 11th of September, this one-bedroom flat offers a bright and welcoming living space with plenty of room to relax and unwind.
The separate kitchen is a real bonus, giving you the freedom to cook up your favourite meals without having to compromise on living space.
The bedroom area is well-proportioned, making it easy to create a comfortable sleeping zone, and there’s ample room for storage.
The bathroom is neatly finished and practical, with everything you need for day-to-day living.
This flat is offered at £450 per calendar month, making it a fantastic option for anyone seeking a great value rental in a convenient location.
With local shops, transport links, and amenities all within easy reach, you’ll have everything you need close at hand.
Don’t miss out on this lovely studio apartment, available soon and ready for you to move in and make it your own. Get in touch today to arrange a viewing or find out more.
EPC Rating: D Disclaimer Permitted Payments – Easiliving Landlords and agents can only charge Permitted Payments under the Tenant Fees Act.
Easiliving's permitted payments are listed below: • Rent • Refundable tenancy deposit (1 month's rent) – protected by DPS or MyDeposits • Refundable holding deposit (1 week's rent) to reserve a property • Tenancy changes requested by tenant – £50 per tenant or reasonable costs if higher • Early termination costs if requested by the tenant • Utilities, TV licence and council tax • Late rent default fee • Lost key or security device replacement To qualify for a property: You must declare any bad credit, CCJs, IVAs or bankruptcy.
Tenant or guarantor must earn 3x the annual rent. Once a holding deposit is paid, a tenancy agreement must be signed within 14 days or the deposit may be withheld and the property remarketed.
Client Money Protection: CMP (clientmoneyprotect.co.uk) – Policy No. CMP005400 Redress Scheme: The Property Ombudsman – Membership No. D566 (tpos.co.uk)
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 Chelford Close, Wallsend, NE28
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