2-bedroom flat · NE37 3AJ
For saleListed 350 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive ground floor flat with a modern re-fitted shower room, Modern Kitchen, feature remote controlled gas fire, combination gas central heating boiler.
Outside space with a pleasant rear yard/seating area. The full layout briefly comprises of: Entrance lobby, entrance hall with storage cupboard.
Bedroom one to front fitted with both sliding door wardrobes and a second set of double door wardrobes. Bedroom two/study to rear fitted with a wall mounted gas central heating boiler.
The attractive lounge includes a superb, integrated remote control feature gas fire and a built in cupboard provides additional storage.
Kitchen to the rear fitted with base and wall mounted cupboards, work surfaces and a stainless steel sink with drainer. The kitchen leads to the rear yard.
A lobby with built in storage cupboard leads to the re-fitted three piece shower room complete with, heated towel rail, panelled walls, sink, low level WC and a shower cubicle.
The rear yard provides a lovely seating area and access to the lane behind. Call now to View!
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 3, Station Terrace, Tyne and Wear
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