2-bedroom flat · NE27 0RL
Under offerListed 128 days
Opportunity summary
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About
EXCELLENT 2 BEDROOMED GROUND FLOOR FLAT WITH EN SUITE SHOWER ROOM.
This property benefits from uPVC double glazing, gas central heating (combi boiler), security entry phone system, hall with double cloaks cupboard, kitchen with integrated appliances, lounge with bay window and arch to dining room, master bedroom with double fitted wardrobes and en-suite shower room and designated car parking bay.
On the ground floor : hall, bathroom, 2 bedrooms – master with en-suite, lounge, dining room and kitchen. Externally : designated car parking bay.
This property is situated in an ideal location just off Algernon Drive within easy walking distance of Northumberland Park Metro & Train Station as well as local amenities including Sainsburys supermarket.
There are also excellent road links providing easy access to both Silverlink and Cobalt business parks as well as being fairly close to the A19.
The new Backworth Primary School provides a safe, modern and stimulating environment for local children, and is approx. a 5–10-minute walk from this home.
NO UPPER CHAIN COMMUNAL ENTRANCE HALL ON THE GROUND FLOOR: HALL: double fitted cloaks cupboard, radiator and security entry phone system.
LOUNGE: 12'0" (3.66m) including uPVC double glazed bay window with venetian blinds x 11'10" (3.61m), double banked radiator and arch to dining room.
DINING ROOM: 7'6" (2.29m) including uPVC double glazed bay window with venetian blinds x 9'10" (3.00m), plus fitted store cupboard, double banked radiator and arch to kitchen.
KITCHEN: 7'4" x 9'5" (2.24m x 2.87m) tiled floor, partially tiled walls, double banked radiator, fitted wall and floor units, cupboard containing 'Main' combi boiler, 'Bosch' gas hob with extractor hood above, 'Bosch' oven, 1½ bowl stainless steel sink and drainer, 'Hotpoint' washing machine, 'Hotpoint' fridge freezer, 'Indesit' dryer, double banked radiator and 2 uPVC double glazed windows – one with vertical louvre blinds and one with venetian blinds.
BATHROOM: partially tiled walls, pedestal washbasin, low level WC, panelled bath, shaver point, radiator and extractor fan. 2 BEDROOMS No.
1: 11'4" x 11'9" (3.45m x 3.58m) including two double fitted wardrobes, double bankedradiator, uPVC double glazed window with venetian blinds.
PLUS EN-SUITE SHOWER ROOM: fully tiled shower cubicle, vanity unit, low level WC, tiled floor and radiator. No. 2: 8'5" x 8'5" (2.57m x 2.57m) radiator, uPVC double glazed window with venetian blinds.
EXTERNALLY: DESIGNATED CAR PARKING BAY TENURE: Leasehold 125 years from 01.07.2004. Maintenance charge £1210 per annum – paid 6 monthly. Council Tax Band: B
Value & comps
No previous sales on record.
Returns
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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 Fenwick Close, Northumberland Park, Backworth, NE27 0RL
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