1-bedroom flat · BD20 8TR
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An outstanding opportunity for investors seeking an established rental investment with income from day one.
This attractive one-bedroom ground-floor apartment benefits from private parking and an impressive 16-year tenancy, with the current tenant expressing a desire to remain indefinitely, offering potential buyers the advantage of an established rental history and continuity of occupation.
Property Details - An outstanding opportunity for investors seeking an established rental investment with income from day one.
This attractive one-bedroom ground-floor apartment benefits from an impressive 16-year tenancy, with the current tenant expressing a desire to remain indefinitely, offering potential buyers the advantage of an established rental history and continuity of occupation.
Tucked away just off the main street in the highly regarded village of Cross Hills, the apartment enjoys a convenient yet discreet location, with the added benefit of its own parking space — a particularly valuable and uncommon feature for properties of this type.
The accommodation benefits from gas central heating and double glazing and briefly comprises an open-plan living kitchen, a double bedroom and a modern shower room.
Externally, a private parking space to the front further enhances the property's appeal.
Cross Hills is a popular and well-served village, offering an excellent range of amenities right on the doorstep, including independent shops, cafés, bars, restaurants, doctors' and dental surgeries.
Superb commuter links also make the area attractive to residents seeking convenience and accessibility.
For investors looking for a straightforward, established buy-to-let opportunity in a sought-after village location, this property is certainly worth serious consideration.
With a long-standing tenant, practical accommodation and the significant advantage of off-street parking, this is an opportunity not to be overlooked.
Prospective investors are encouraged to enquire for further details, including rental income and investment figures, to assess the property's suitability for their portfolio.
Additional Details - Tenure: Leasehold – The property is held under a Tyneside lease arrangement, a form of leasehold ownership commonly associated with converted properties.
Further details are available upon request.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Ash Street, Cross Hills
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