2-bedroom flat · NE31 1EE
For saleReduced £5k (−5.3%) on 16 SepListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Introducing this well-presented two-bedroom flat, offering a superb blend of modern living and convenience, situated in a sought-after residential development.
The property is offered with vacant possession and no onward chain, making it an ideal choice for both first-time buyers and investors seeking a straightforward purchase.
Upon entering, you are greeted by a welcoming hallway that leads to a spacious living dining area, designed to accommodate both relaxation and entertaining.
This space benefits from ample natural light, enhancing the neutral decor that flows seamlessly throughout the flat and creating an inviting, airy atmosphere.
The modern kitchen is thoughtfully arranged, providing generous worktop space and ample room for free-standing appliances (such as a fridge freezer and washing machine), ensuring practicality without compromising on style.
Both bedrooms are well-proportioned, with bedroom two featuring a built-in wardrobe that offers valuable storage solutions.
The contemporary bathroom is fitted with a bath and overhead shower, complemented by modern fixtures and fittings for added comfort.
Residents benefit from a secure entry system, providing peace of mind, as well as well-maintained communal areas that reflect the overall care and quality of the development.
The property also comes with an allocated parking bay, offering convenient and secure parking for residents.
Located within easy reach of local amenities, transport links, and reputable schools, this property offers a fantastic lifestyle opportunity in a desirable location.
Early viewing is highly recommended to fully appreciate the quality and appeal of this attractive two-bedroom flat.
EPC Rating: C Lounge Diner (4.75m x 4.58m) Kitchen (3.15m x 2.20m) Bathroom (2.19m x 1.69m) Master Bedroom (3.19m x 2.31m) Bedroom 2 (3.16m x 2.55m) Parking - Allocated Parking Disclaimer These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract.
Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy.
No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
All measurements are approximate using a Sonic tape and should not be relied upon for complete accuracy.
If you require exact measurements, please ask one of our negotiators to arrange an appointment to view the property, when your own measurements may be taken.
It should not be assumed that the property has all necessary planning, building regulation or other consents. The Agent has not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
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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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.
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FAQ
About 115 Ellison Street, Hebburn
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