2-bedroom flat · NE63 9FA
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GROUND FLOOR APARTMENT - COMMUNAL ENTRANCE - ALLOCATED PARKING - TWO BEDROOMS - LOUNGE - KITCHEN - BATHROOM - GOOD CONDITION - EXCELLENT TRANSPORT LINKS - MUST BE VIEWED *** Mike Rogerson Estate Agents welcome to the market this well maintained ground floor apartment located in the popular area of Ashington with excellent transport links and access to local amenities.
The property briefly comprises of communal secure entrance, lounge, kitchen, two double bedrooms and a family bathroom. It also benefits from double glazing, central heating and private parking space.
Viewings are highly recommended to appreciate the accommodation on offer. To arrange yours, please contact the Ashington office.
Entrance Hallway Lounge 15' 1'' x 13' 11'' (4.59m x 4.25m) Upvc double glazed window to front, laminate flooring, radiator.
Kitchen 8' 8'' x 8' 10'' (2.65m x 2.69m) Double glazed window to front, range of wall and base units, electric oven with gas hob, sink drainer, plumbed for washing machine, space for fridge freezer, radiator.
Bedroom One 11' 1'' x 8' 10'' (3.38m x 2.70m) Double glazed window to rear, built in robes, radiator. Bedroom Two 9' 6'' x 7' 10'' (2.90m x 2.38m) Double glazed window to rear, radiator.
Family Bathroom Low Level wc, wash hand basin , panelled bath with shower over, radiator and extractor fan EPC Graph A full copy of the energy performance certificate can be provided upon request.
Tenure We are informed that the property is Leasehold and has over 100 years left on the lease. Interested parties should ask their legal representative to confirm this.
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Hindmarsh Drive, Ashington
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