Auction
Auction date passed
This lot went to auction on 13 October 2026 (8 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
1-bedroom flat · NE37 3EN
For saleListed 30 daysAuction 13 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction Commencing on Monday 12th October at 1pm and ending 24 hours later on Tuesday 13th October from 1pm with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast ONE BEDROOM UPPER FLAT WITH TWO BALCONIES!
OPEN HOUSE VIEWING DATES: (no booking required) 3.30pm - 4:00pm, Tuesday 29th September 10:00am - 10:30am, Wednesday 7th October Available at auction is this one bedroom upper flat, in a popular residential area close to local schools and amenities The property offers a good sized living room with access to a balcony, a separate kitchen, bathroom and double bedroom with a second balcony overlooking the rear.
The property requires refurbishment but offers strong potential for enhancement and would make an ideal investment or buy-to-let opportunity once completed.
The property also benefits from lift access, communal lawned gardens and ample communal parking to the side.
An excellent opportunity for an investor or first-time buyer looking for a well-located property with two balconies and parking.
Tenure: See Legal Pack EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 105 Waterloo Walk, Washington NE37 3EN
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