2-bedroom flat · NE38 0HZ
No longer listedListed 46 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available Now. Jill Moore Sales and Lettings welcome to the market this beautifully presented first floor apartment.
The accommodation briefly comprises: hallway with access to: light and airy living room, practical kitchen/diner, two double bedrooms and a modern bathroom suite.
Externally, the property benefits from off-street parking in the form of an allocated parking space directly outside the entrance doors. Oxclose is a desirable location within the Washington Area.
The village provides a range of amenities including shops, schools and local pubs. Washington is centrally located for commuting and has excellent access to both the A1(M) and the A19.
Early viewing is highly recommended. A holding fee of one week's rent is payable upon application and all properties are subject to a bond which is the value of a month's rent.
See our website for full details. Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract. All measurements are approximate and intended as a guide only.
All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
2/ Fixtures and fittings other than those included in the above details are to be agreed separately.
3/ All EPCs are generated by a third party and Hobrook & Co accepts no liability for their accuracy.
6/ The Floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this.
It is highly likely the plans do not show cupboards, indents, fireplaces or recesses and are not drawn to scale or with doors, staircases and windows in the correct scale or position.
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It may not be wholly accurate, complete or up-to-date and should not be relied upon.
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A holding deposit of one weeks rent is payable upon application and all properties are subject to a bond which equates to one month's rent plus, subject to satisfactory references and credit checks.
Entrance Hall Communal entrance hall leading to the first floor apartment; front external door with lobby to spacious hallway including single central heating radiator, storage cupboard and laminate flooring.
Lounge/Diner 4.76 x 3.30 - Sizeable lounge/diner with two double glazed windows, double central heating radiator, ample space for dining, laminate flooring.
Kitchen 2.90 x 3.30 - A range of wooden wall and floor units with contrasting worksurfaces, stainless steel sink unit, plumbing for washing machine, space for oven and fridge/freezer, integrated extractor hood, extractor fan, splashback tiling; double glazed window, space for small dining table, vinyl flooring.
Bedroom One 4.76 x 3.28 - Double+ bedroom; double central heating radiator, two double glazed windows, ample space for fitted wardrobes, carpet flooring.
Bedroom Two 3.02 x 3.29 - Double bedroom; double central heating radiator, double glazed window, space for fitted wardrobes, laminate flooring.
Bathroom 2.11 x 2.26 - Modern three piece bathroom suite with low level WC, bathtub with electric shower over and wash hand basin; heated towel rail, double glazed privacy window, cladded walls and ceiling, laminate flooring.
External Off-street parking in the form of an allocated parking space directly outside the entrance doors. EPC Band C. Council Tax Band A. Tenure Leasehold.
Disclaimer Every attempt has been made to ensure accuracy, however these property particulars are approximate and for illustrative purposes only.
They have been prepared in good faith and they are not intended to constitute part of an offer of contract.
We have not carried out a structural survey and the services, appliances and specific fittings have not been tested.
All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of any fixture or fittings.
Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked prior to agreeing a sale.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Lumley Close, Oxclose, Washington, Tyne and Wear, NE38
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