2-bedroom flat · NE37 1TN
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular residential area of Albany, this beautifully presented two-bedroom upper floor flat offers stylish, modern living accommodation, making it an ideal purchase for first-time buyers or investors alike.
The property has been tastefully updated throughout, boasting a fresh, neutral colour scheme, contemporary finishes and a welcoming feel from the moment you step inside.
Accessed via its own ground floor entrance, stairs lead to the first-floor landing, providing access to all principal rooms.
The spacious and inviting living room offers an excellent space for both relaxing and entertaining. A soft neutral décor and a large window allowa plenty of natural light to flood the room.
The modern fitted kitchen is finished with attractive cream shaker-style units, complementary wood-effect worktops and contrasting dark flooring.
The kitchen benefits from an integrated oven, electric hob, extractor hood, stainless steel sink and plumbing for a washing machine, providing a practical and well-designed space for everyday living.
There are two well-sized bedrooms, both presented to an excellent standard.
The main bedroom offers a comfortable double bedroom space with tasteful décor and fitted wardrobes, while the second bedroom is currently used as a stylish home office, demonstrating its versatility as a guest bedroom, nursery or dedicated workspace.
Completing the accommodation is the contemporary family bathroom, fitted with a white suite comprising a panelled bath with shower facilities, wash hand basin and WC.
Neutral wall tiling and contrasting dark floor tiles create a clean, modern finish.
Externally, the property forms part of an established residential development within Albany, conveniently positioned for access to local amenities, schools, transport links and surrounding areas.
Early viewing is highly recommended to fully appreciate the presentation, practical layout and accommodation this lovely upper floor flat has to offer Sitting Room (4.56m x 3.43m, 14'11" x 11'3") Kitchen (2.00m x 2.65m, 6'6" x 8'8") Entrance Hall (1.81m x 1.52m, 5'11" x 4'11") Bathroom (2.01m x 1.67m, 6'7" x 5'5") Master Bedroom (3.67m x 2.63m, 12'0" x 8'7") Bedroom 2 (2.93m x 2.67m, 9'7" x 8'9") Garage (2.52m x 4.91m, 8'3" x 16'1")
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.
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