2-bedroom flat · NE63 9AU
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Upper Flat | Spacious Lounge | Newly Fitted Bathroom | New Carpets Throughout | Gas Central Heating AVAILABLE NOW to the rental market is this spacious two-bedroom upper flat, ideally located on Hawthorn Road in Ashington, within easy reach of the town centre and local amenities.
The property offers well-proportioned accommodation throughout, briefly comprising an entrance porch with stairs leading to the first floor, an internal hallway, a generous lounge, fitted kitchen, two bedrooms and a newly fitted bathroom complete with panelled bath, wash basin and WC.
Further benefits include gas central heating, double glazing and newly fitted carpets throughout. Externally, the property has access to a shared rear yard.
Hawthorn Road is conveniently situated close to Ashington town centre, with a range of shops, supermarkets, schools and local amenities nearby, along with good public transport links and road connections to surrounding areas.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: • A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
• An affordability assessment to ensure applicant’s income will sufficiently cover the rental payments.
• To pass the affordability check, each applicant’s gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
EG If the rent is £500 PCM, applicants would need to earn £15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
• Each applicant’s affordability is assessed individually against the criteria. • Self-employed applicants will require an accountant’s reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. • Employment checks to confirm your start date, salary and if your position is permanent.
• Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
• A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. • ‘Right to rent’ ID checks.
If you do not meet the requirement, you WILL REQUIRE A HOMEOWNER GUARANTOR.
Council Tax Band: A Deposit: £686.53 Entrance Via double glazed door -Stairs to first floor accommodation Living Room 4.39m x 5.34m Double glazed window -Radiator -Storage cupboard Kitchen 1.98m x 3.56m Double glazed window -Fitted wall & base units work tops -Radiator -Plumbed for washing machine -Stainless steel sink and drainer unit Bedroom 1 3.02m x 4.08m Double glazed window -Radiator Bedroom 2 2.21m x 2.99m Double glazed window -Radiator Bathroom Double glazed window -Panelled bath -Low level wc -Pedestal wash hand basin Rear Yard Secure gated access
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 Hawthorn Road, Ashington, Northumberland, NE63 9AU
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