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See how verdicts work1-bedroom flat · NE28 9HF
Listing removedReduced £7k (−6.7%) on 14 JulListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroomed, ground floor flat situated in a cul de sac in a popular, well established residential area close to the Coast Road and within easy reach of local shops and amenities.
The property, equipped with gas fired central heating, has gardens to the front and rear. An ideal first time buy or investment opportunity.
Leasehold Council Tax Band - A EPC Rating - C Entrance Hall UPVC exterior door, radiator, hardwood flooring. Bedroom (Front) (3.89m (12'9") x 3.25m (10'8")) Double radiator, double glazed window.
Bedroom Two (2.97m (9'9") x 2.77m (9'1")) Built in wardrobe and cupboard containing Baxi Duotec gas fired combination central heating boiler, radiator.
Living Room (3.96m (13'0") x 5.18m (17'0")) Double radiator, built in storage cupboard.
Kitchen (2.44m (8'0") x 3.20m (10'6")) Built in base and wall units with drawers, cupboards, laminate work tops, stainless steel sink unit with mixer tap, cooker point, partly tiled walls, electric extractor fan.
Externally To the rear there is a shared garden which is gravelled and screened by timber fencing. To the front there is a gravelled area with space for off street parking. Tenure Freehold.
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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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
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FAQ
About 54, Hardy Grove, Wallsend
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