2-bedroom flat · NE31 2XH
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 bedroom ground floor flat with enclosed yard to the rear.
Entrance Hall | Sitting Room (4.17m x 4.01m) | Bedroom One (4.11m x 3.58m) | Bedroom Two (3.15m x 2.24m) | Kitchen (2.67m x 2.57m) | Bathroom (3.33m x 2.64m) The front door leads into the entrance hall giving access to the majority of the accommodation within the property.
To the front is a double bedroom with a further bedroom to the rear. The sitting room is a of a good size and leads through to the kitchen.
The kitchen is fitted with a range of units at base and wall level. The bathroom has a white suite with shower over the bath.
To the rear of the property is an enclosed yard with access to the lane at the back of the properties.
Mains Gas | Mains Electricity | Mains Water and Drainage Council Tax | Band A Deposit | Equal to One Months Rent EPC | Band C First Month’s Rent and Deposit (equal to 1 months rent) is payable at the start of the tenancy.
Holding Deposit (equal to 1 weeks rent) payable on submission of an application form An agent can only retain a holding deposit in certain circumstances: The tenant fails the Right to Rent check The tenant provides false or misleading information The tenant decides not to enter into the tenancy agreement The tenant fails to make all reasonable steps to enter into the tenancy agreement The holding deposit will be returned to the tenant if the landlord decides not to rent out the property.
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.
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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
Agent & docs
FAQ
About Howe Stree, Hebburn, NE31
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