2-bedroom terraced house · NE37 2QZ
Listing removedListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This Unfurnished Two-Bedroom Mid-Terraced House offers well-proportioned accommodation and is situated in the popular Washington area of Tyne and Wear.
The property comprises an entrance hall leading to a spacious lounge with feature fireplace, together with a kitchen to the ground floor.
To the first floor are two good-sized double bedrooms and a family bathroom. Externally, the property benefits from gardens to both the front and rear, providing useful outdoor space.
The property is situated in the Washington North/Concord area, offering convenient access to a range of local amenities and everyday facilities.
There are local shops and convenience stores within easy reach, while the wider Washington area provides a good selection of supermarkets, retail outlets, cafés and leisure facilities.
The Galleries and Washington Retail Park are also within the wider area for additional shopping and services. ENTRANCE HALL Upvc entrance door to entrance hall with stairs off and radiator.
LOUNGE 3.66m (12'0) x 4.45m (14'7) Feature fireplace, window to the front and radiator. KITCHEN 4.34m (14'3) x 2.31m (7'7) Wall and base units, integrated electric hob, oven and hood.
Stainless steel sink unit, window to the rear. Walk in storage cupboard and door to the rear yard. FIRST FLOOR LANDING Loft access and window to the rear.
REAR DOUBLE BEDROOM 2.34m (7'8) x 3.48m (11'5) Window to the rear and radiator. FRONT DOUBLE BEDROOM 3.66m (12'0) x 3.15m (10'4) Window to the front and radiator.
BATHROOM 2.06m (6'9) x 2.21m (7'3) White bath with shower over, low level w.c., wash hand basin. Window to the rear and storage cupboard. GARDENS TO THE FRONT & REAR Gardens to the front and rear.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 23 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE37 2QZ and mobile coverage is provided by EE, Three, O2, Vodafone.
The checker results are predictions and should not be regarded as guaranteed.
Council Tax The GOV.UK website states the property is Council Tax Band: A EPC Rating: C Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
The Agent of the North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations. Call now on
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 Park Avenue, Washington
Explore nearby