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See how verdicts work2-bedroom flat · NE63 9FA
Listing removedListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated on the popular Hindmarsh Drive development, this immaculate top floor apartment offers well presented accommodation that is ready to move straight into.
The property benefits from a bright lounge/diner with a Juliet balcony, a modern recently refurbished bathroom, two bedrooms, a fitted kitchen and allocated parking.
Ideally positioned close to Wansbeck General Hospital, the A189 Spine Road and a wide range of local shops and amenities, it is perfectly suited to first time buyers, professionals, investors or those looking to downsize.
With excellent transport links to Ashington, Morpeth, Newcastle and the surrounding areas, early viewing is highly recommended.
Council Tax Band: A Tenure: Leasehold Length of Lease: 128 Annual Service Charge Amount: 1,800.00 Front External Main entrance to the building - communal hallway. Porch Main access door.
Entrance Hallway Loft access hatch, wood effect flooring, radiator.
Kitchen (2.54m x 2.55m) Fitted with a range wall, floor and drawer units with roll edge worktops and tiled splashbacks, electric oven with gas hob and extractor above, stainless steel sink and drainer with mixer tap, housed gas combi boiler, upvc window, plumbing for washing machine, vinyl flooring and radiator.
Lounge/Diner (4.06m x 4.26m) Juliet balcony to the front, wood effect flooring and two radiators. Bedroom One (3.29m x 2.59m) Upvc window and radiator.
Bedroom Two (2.2m x 2.7m) Upvc window and radiator.
Bathroom (2.57m x 1.47m) A modern bathroom fitted with a three piece white suite comprising a panelled bath with a shower over and glass screen door, wash hand basin with units underneath, push button w.c, frosted upvc window, partially tiled walls, vinyl flooring and radiator.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 29, Hindmarsh Drive, Ashington
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