2-bedroom flat · NE45 5DE
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented ground floor apartment with generous private garden to the rear, located close to the centre of this popular Tyne Valley village.
Entrance Hall | Sitting Room (3.76m (max) x 4.72m) | Kitchen (2.17m x 2.07m) | Bedroom One (3.92m (max) x 4.32m) | Bedroom Two (2.26m (max) x 4.32m) | Bathroom Enclosed Rear Yard The part-glazed front door opens into an inner vestibule, which leads through to the main entrance hall of this well-proportioned ground-floor apartment.
The hallway provides access to the principal rooms, including the main bedroom and sitting room, and benefits from useful understairs storage.
The main bedroom is situated to the front of the property and is a good-sized double room, complemented by fitted wardrobes.
Centrally positioned within the apartment, the sitting room features an attractive inglenook fireplace with a tiled hearth, creating a charming focal point.
A rear-facing window overlooks the private rear yard, allowing natural light into the room.
The second bedroom is accessed directly from the sitting room, providing a versatile space for guests, home working or other uses.
The kitchen is fitted with a range of wall and floor units, together with an integrated induction hob, oven and fridge. An external door provides convenient access to the rear yard.
The bathroom is fitted with a white suite comprising a bath with shower over, wash hand basin and WC.
To the rear of the property is a good-sized, south-facing garden, laid to a combination of patio and gravel, providing a pleasant outdoor space to enjoy.
Mains Gas | Mains Electricity | Mains Water and Drainage Council Tax – Band B Deposit – Equal to 5 weeks rent EPC – Band C First Months Rent and Deposit (equal to 5 weeks rent) is payable at the start of the tenancy.
Holding Deposit (equal to 1 weeks rent) payable on submission of an application form An agent can only retain a holding deposit in certain circumstances: The tenant fails the Right to Rent check The tenant provides false or misleading information The tenant decides not to enter into the tenancy agreement The tenant fails to make all reasonable steps to enter into the tenancy agreement The holding deposit will be returned to the tenant if the landlord decides not to rent out the property.
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
Agent & docs
FAQ
About St Wilfreds Road, Corbridge, NE45
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