2-bedroom flat · NE24 4NE
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO LET - Armstrong's Sales & Lettings are delighted to welcome to the rental market this two bedroom mid terrace upper floor flat situated on Plessey Road in Blyth, with its excellent transport links to reach all routes both North & South of the region, its close proximity to local shops and schools as well as the nearby town centre with its array of amenities.
The property, which has been refurbished throughout briefly comprises - entrance lobby, stairs up to main accommodation, lounge, modern fitted kitchen with integrated oven, hob and extractor above, there is plumbing for the washing machine and space for a fridge / freezer.
Overlooking the front of the property is the generous master bedroom along with the second bedroom. The modern bathroom comprises of a double shower enclosure, wash hand basin and wc.
There is a rear lobby with stairs down to access the yard. To secure a viewing in the first instance please contact our office.
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 Plessey Road Blyth, NE24 4NE
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