2-bedroom flat · NE32 4TY
Let agreedListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Unfurnished Ground Floor Flat in Jarrow!!!
A Well-Presented Two-Bedroom Unfurnished Ground Floor Flat, conveniently situated in the popular Jarrow area, within easy walking distance of Fellgate Metro Station.
The property benefits from double glazing and gas central heating and offers well-proportioned accommodation, making it an ideal for a range of tenants.
The accommodation briefly comprises an entrance hall, spacious living room, kitchen, bathroom and two bedrooms. Externally, the property benefits from a private garden to the rear.
The property is ideally located for access to Fellgate Metro Station, providing convenient public transport links across the wider Tyne and Wear area, including connections towards Newcastle, Gateshead and South Shields.
The property is also well placed for road connections, with easy access to the A194, providing links towards Newcastle, South Shields, Gateshead and the wider Tyneside area.
A range of local amenities, shops, schools and everyday facilities are available within the surrounding Jarrow and Fellgate areas.
Key Features ENTRANCE HALL Upvc entrance door leading through to entrance hallway, laminate flooring and Upvc window.
LOUNGE 4.5m (14'9) x 3.33m (10'11) Feature electric fire with surround, radiator, Upvc window and laminate flooring.
KICTHEN 2.06m (6'9) x 2.41m (7'11) Wall and base units with contrasting work tops tiling in between. Stainless steel sink with mixer tap.
Integrated electric oven and hob with extractor hood above, Upvc window and door. INTERNAL HALLWAY Radiator.
FRONT BEDROOM 3.94m (12'11) x 2.77m (9'1) Two built in storage cupboards, Upvc window, radiator and laminate flooring.
REAR BEDROOM 3.05m (10') x 2.72m (8'11) Built in two door storage cupboard, Upvc window, radiator and laminate flooring.
BATHROOM Three piece white suite with electric shower over the bath, Pvc panelled walls and ceiling, spotlights, built in storage cupboard, ceramic tiled floor. Upvc window and radiator.
EXTERNALLY Garden to the rear. 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 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.
Council Tax The GOV.UK website states the property is Council Tax Band: A Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 4 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE32 4TY and mobile coverage is provided by EE, Three, O2, Vodafone.
The checker results are predictions and should not be regarded as guaranteed. EPC Rating: C
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 Hereford Way, Jarrow
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