1-bedroom flat · NE62 5YD
Listing removedListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** ONE BEDROOM - FIRST FLOOR FLAT - GARAGE IN A BLOCK - AVAILABLE SEPTEMBER - UNFURNISHED - SHARED REAR GARDEN - DOUBLE GLAZING - ELECTRIC HEATING - SOUGHT AFTER LOCATION - EPC GRADE E *** Welcome to the rental market - a well presented one bedroom first floor flat, ideally situated on Lesbury Avenue within the popular Wansbeck Estate, Stakeford.
Set in a sought after residential location, this attractive home is conveniently positioned close to a range of local amenities, including shops, schools, excellent transport links and regular bus routes, making it an ideal choice for a single professional or couple seeking comfortable and affordable living.
The property benefits from electric heating, double glazing throughout The accommodation briefly comprises an entrance hallway, a bright and spacious lounge, a fitted kitchen, a generous double bedroom, and a well appointed bathroom.
Externally, residents can enjoy the shared rear garden, offering a pleasant outdoor space to relax, while the private garage adds further practicality.
Early viewing is highly recommended to fully appreciate all this property has to offer. To arrange your viewing, please contact our Bedlington office today.
Please note: The photographs featured were taken prior to the current tenancy. We strongly recommend an internal viewing to appreciate the property's current presentation.
Entrance Hallway Lounge 13' 2'' x 10' 10'' (4.02m x 3.29m) Double glazed window and wall mounted electric fire.
Kitchen 9' 1'' x 5' 1'' (2.76m x 1.54m) Double glazed window to the rear elevation.
Fitted with a modern range of matching wall and base units incorporating coordinating work surfaces and complementary tiled splashbacks. Inset stainless steel sink and drainer unit with mixer tap.
Integrated oven and grill with a four burner hob and extractor hood over. Space and plumbing for additional appliances where required. Wall mounted electric heater.
The kitchen offers a practical and functional layout with ample worktop and storage space. Bedroom One 10' 0'' x 8' 1'' (3.06m x 2.47m) Double glazed window, wall mounted electric heater.
Family Bathroom 5' 7'' x 4' 9'' (1.70m x 1.46m) Double glazed window, three piece suit comprising of panel bath with shower over, pedestal wash hand basin, low level W/C, wall mounted heated towel rail.
Shared Rear Garden The garden is mainly laid to lawn and features a paved patio area. EPC Graph A full copy of the Energy Performance Certificate 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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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
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FAQ
About Lesbury Avenue, Stakeford
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