2-bedroom flat · NE63 9BL
Listing removedListed 256 days
Opportunity summary
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About
*** TWO BEDROOMS - FIRST FLOOR FLAT - SHARED YARD TO FRONT - GAS CENTRAL HEATING - CLOSE TO LOCAL AMENITIES - IDEAL INVESTMENT - CURENTLY TENANTED SUBJECT TO THE CURRENT ASSURED SHORTHOLD TENANCY AGREEMENT- EPC GRADE C *** For Sale By Auction LIVE ONLINE AUCTION Takings Bids Now - OPTION 1 For sale by auction see Disclaimer 1 The Agents Property Auction have not inspected this property.
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only.
Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see Disclaimer 2 Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.
At your request we can refer you to a North East based Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.
Disclaimer 3 A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Mike Rogerson Estate Agents welcome to the market this two bedroom first floor flat located on Beatrice Street, Ashington.
Close to local amenities, schools and bus links this property benefits from gas central heating and partial Upvc double glazing throughout.
The accommodation briefly comprising: Entrance, stairs to first floor landing, lounge diner, kitchen, bathroom, and two bedrooms. Externally to the front is an enclosed shared yard.
Viewings are highly recommended to appreciate the accommodation on offer. To arrange yours, please contact the Ashington office.
Entrance Hallway Door to front elevation, stairs to first floor landing.
First Floor Landing Lounge Double glazed window to front elevation, wall mounted radiator, feature fire place.
Kitchen Double glazed window, Fitted with a range of wall drawer and base units, with coordinating work surfaces, stainless streel sink drainer unit, four burner hob with extractor hood, under counter oven unit, boiler, tiled walls.
Bathroom Double glazed window to side elevation, fitted with shower, pedestal wash hand basin, love level W/C, tiled walls and floor, wall mounted radiator.
Bedroom One Double glazed window to rear, wall mounted radiator. Bedroom Two Double glazed window to rear, wall mounted radiator.
Rear Yard EPC Graph A full copy of the Energy Performance Certificate can be provided upon request.
Tenure We are advised by our vendor clients that the property is held Leasehold. Any interested party should ask their legal representatives to confirm this.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Beatrice Street, Ashington
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