2-bedroom flat · NE62 5AF
To rentReduced £55 (−10%) on 10 OctListed 35 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** FIRST FLOOR FLAT - TWO BEDROOMS - WANSBECK ESTATE - AVAILABLE NOVEMBER- UNFURNISHED - SPACIOUS LOUNGE - MODERN FITTED KITCHEN - DOUBLE GLAZING - MUST VIEW - EPC GRADE C *** Welcome to the rental market this well positioned two bedroom first floor flat, ideally situated on Ashington Drive within the popular Wansbeck Estate in Stakeford.
The property offers comfortable and practical accommodation and is ideally suited to a couple, small family or professional tenant looking for a conveniently located home with excellent access to local amenities and surrounding areas.
The accommodation briefly comprises an entrance hallway, spacious lounge, fitted kitchen, two well proportioned bedrooms and a fitted family bathroom.
Stakeford is a popular residential area located between Ashington and Bedlington, offering a range of local amenities close by.
The surrounding area provides access to shops, schools, leisure facilities and everyday conveniences, while excellent road links make it easy to travel throughout Northumberland and into surrounding towns.
Properties in this location are always popular, so early viewing is highly recommended. To arrange your viewing, please contact our Ashington Branch. Entrance Hallway Door to front elevation.
Lounge 17' 9'' x 11' 4'' (5.41m x 3.45m) Bright and comfortable reception room featuring a double glazed window to the front elevation, allowing natural light into the room, with a wall-mounted radiator.
Kitchen 5' 8'' x 10' 5'' (1.73m x 3.17m) Fitted kitchen with a range of wall, base and drawer units, complemented by part-tiled walls.
The kitchen incorporates an electric oven and hob with extraction fan over, along with a 1½-bowl stainless steel sink and drainer.
Double glazed window to the front elevation and wall-mounted radiator.
Bedroom One 12' 3'' x 10' 11'' (3.73m x 3.34m) Well-proportioned double bedroom featuring a double glazed window to the front elevation, wall-mounted radiator and useful built-in storage.
Bedroom Two 7' 7'' x 13' 3'' (2.30m x 4.03m) Well-proportioned second bedroom with a double glazed window to the front elevation and wall-mounted radiator.
Family Bathroom 7' 4'' x 5' 5'' (2.24m x 1.65m) Fitted with a three-piece suite comprising low-level W/C, pedestal wash hand basin and panelled bath.
Double glazed window to the rear elevation and wall-mounted radiator. EPC Graph A full copy of the Energy Performance Certification is available upon request.
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 Ashington Drive, Wansbeck Estate, Stakeford
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