1-bedroom flat · NE28 6JD
Listing removedListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Exceptionally large one bedroom flat Giraffe Residential are delighted to welcome to the market this well-presented one-bedroom first floor flat, situated on the ever-popular Vine Street in Wallsend.
Offering spacious accommodation throughout, this charming property comprises an entrance hallway, bright and airy lounge, fitted kitchen, generously sized double bedroom and a bathroom/WC.
The property benefits from double glazing and gas central heating, providing comfortable living all year round.
Externally to the rear there is a shared yard, and on street parking to the front is available. This home is ready for immediate occupation.
A standout feature of this property is that it is being sold as seen, with all furniture and white goods included within the sale, making it an ideal purchase for first-time buyers, landlords looking for a ready-to-let investment, or anyone seeking a hassle-free move.
Located within easy reach of Wallsend Town Centre, the property enjoys excellent access to a range of local amenities including shops, supermarkets, cafés and leisure facilities.
Wallsend Metro Station is just a short distance away, offering convenient transport links into Newcastle City Centre and the wider Tyne & Wear network.
There are also excellent road links via the A19 and Tyne Tunnel, making this an ideal location for commuters.
The property would make an excellent purchase for a first-time buyer looking to step onto the property ladder or an investor seeking a buy-to-let opportunity in an area with strong rental demand This great property is offered at an attractive price, and we feel will be sold very quickly !
Council Tax Band: A (North Tyneside Council) Tenure: Leasehold (960 years) Ground Rent: £0 per year Service Charge: £0 per year
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 21 Vine Street, Wallsend
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