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See how verdicts work3-bedroom flat · DH3 1DX
Sold STCListed 557 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NEW TO THE MARKET** AJP Property Services are pleased to offer for sale this well presented three bedroom first floor flat for investment purposes.
The property is currently tenanted with a rental income of £650 AJP Property Services are pleased to offer for sale this lovely three bedroom first floor flat ideally located on Morris Street in Birtley situated close to the local shopping centre, schools, leisure/swimming centre, public library and transport/road links to Gateshead, Chester le Street, Durham and easy access to the A1 with northern and southern destinations and access to the Metrocentre.
This property benefits from recently being updated including combi gas central heating, double glazing, new kitchen & bathroom.
Accommodation comprises: entrance hallway with stairs to the first floor landing, lounge/dining room, modern kitchen with built in oven and hob, bathroom with over bath shower and three good sized bedrooms.
Externally there is a private rear yard **Viewing comes highly recommended to appreciate the size and layout.** Council Tax Band: A
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Morris Street, DH3
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