3-bedroom flat · NE31 1RF
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented three bedroom first floor apartment with open plan living area situated on this extremely sought after private development .
Landlord has advised that appliances are to remain in the kitchen and there is also to be a bed and bedside tables remaining in the master bedroom, fitted wardrobe unit in the third bedroom, a wardrobe and storage unit in the second bedroom and a TV unit, corner sofa, dining table and chairs to remain in the lounge/dining room.
In order to book a viewing please give the office a call at your earliest convenience to avoid missing out.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HEB220071/2 Communal Entrance intercom entry system Hallway single radiator, storage cupboard Lounge 4.34m x 3.18m (14' 3" x 10' 5") double glazed window, double radiator, open plan into dining room Dining Room 2.26m x 2.74m (7' 5" x 9' 0") double glazed window, double radiator Kitchen 1.83m x 2.57m (6' 0" x 8' 5") fitted wall and floor units with contrasting work surface, stainless steel sink unit and single drainer, automatic washing machine, integrated gas hob, electric oven and extractor hood, fridge/freezer, part tiled walls, vinyl floor covering, double glazed window, gas combination central heating boiler behind unit Bedroom 1 3.48m x 3.66m (11' 5" x 12' 0") double glazed window, single radiator Bathroom modern white suite comprising:- low level wc, pedestal hand wash basin, panelled p bath with shower over and screen, part tiled walls, tile effect laminate flooring, double glazed window, heated towel rail, storage cupboard Bedroom 2 2.24m x 3.38m (7' 4" x 11' 1") double glazed window, single radiator Bedroom 3 2.24m x 2.18m (7' 4" x 7' 2") fitted wardrobe with sliding doors, double glazed window, single radiator Parking Bay allocated parking bay EPC Rating C Council Tax Tax Band A
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 Makendon Street, Hebburn, Tyne And Wear, NE31
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