2-bedroom flat · NE38 8LZ
Listing removedListed 183 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well?presented twonbedroom upper floor flat is ideally located in the popular Columbia area of Washington, offering generous living space and excellent access to local amenities and transport links.
Upon entering the property, you are welcomed by a small entrance hallway with stairs leading up to the main accommodation.
The flat comprises two well?proportioned double bedrooms, making it ideal for a couple, small family, or professional sharers.
The property benefits from a large reception room, providing ample space for both living and dining furniture, and a functional kitchen fitted with a range of wall and base units.
The bathroom includes a bath with an overhead shower, WC, and wash basin.
Situated in a convenient residential location, the property is within easy reach of local shops, schools, and leisure facilities.
The Galleries Shopping Centre is close by, offering a wide range of retail stores, supermarkets, cafés, and services.
Excellent transport links are available via the A1231 and A19, providing straightforward access to Sunderland, Newcastle, and surrounding areas.
Public transport routes are also within walking distance, making this an ideal location for commuters.
Council Tax Band: Holding Deposit: £161.00 Two bedroom upper floor flat Two double bedrooms Spacious reception room Separate kitchen Located in the popular Columbia area of Washington Close to The Galleries Shopping Centre Excellent transport links via A1231 and A19 Nearby public transport routes EPC rating D Council 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
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FAQ
About 5, Washington
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