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See how verdicts work2-bedroom flat · NE23 6QB
Listing removedListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom coach house occupying a pleasant position on a small private residential estate, conveniently located close to local shops, bus routes, and within approximately half a mile of the new Cramlington Hospital.
Built in an unusual and attractive coach house style, the main accommodation is situated on the first floor and accessed via a private entrance lobby on the ground floor.
Freehold Council Tax Band A EPC Rating tbc Private Entrance Lobby Radiator Living Area (5.59m (18'4") x 5.18m (17'0")) The property features a spacious open plan living room and kitchen area, creating a bright and social living space Living Area Two double radiators TV wall mount Large built in storage cupboard Kitchen Area Separated from the living area by a practical peninsular unit, range of base and wall units with drawers and cupboards stainless steel sink unit with mixer tap integrated gas hob and fan assisted electric oven Concealed cooker hood Concealed Ideal Logic gas fired combi boiler Tiled splashbacks Electric extractor fan Loft hatch providing access to roof space, not boarded, but offering potential for storage Bedroom One (3.35m (11'0") x 2.51m (8'3")) Radiator Bedroom Two (2.44m (8'0") x 1.90m (6'3")) Radiator Bathroom Fitted with a white suite of panelled bath with mixer tap and shower attachment, pedestal wash basin Low level wc set Double radiator electric extractor fan partly tiled walls Externally The property benefits from an allocated car parking space located within the rear courtyard 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 8, Pickering Close, Cramlington
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