Studio flat · NE28 8TT
For saleListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pattinson Estate Agents are delighted to welcome to the sales market this beautifully presented studio apartment, ideally situated on Ryedale, Wallsend.
Offered at a fantastic asking price, this ready-to-move-into property is perfect for first-time buyers, investors or those looking to downsize.
Accessed via a secure communal entrance, the apartment has been recently redecorated throughout and benefits from a range of recent improvements, including electrical upgrades completed earlier this year and the installation of a modern Positive Input Ventilation (PIV) system, designed to improve air quality while helping to reduce condensation and mould.
The accommodation briefly comprises a bright and spacious studio room, providing versatile living and sleeping accommodation with a generous built-in storage cupboard.
Leading through from the main room is a practical dressing area, complete with a fitted wardrobe and built-in desk, offering excellent storage and an ideal space for home working or dressing.
The property also benefits from a modern fitted kitchen and a contemporary shower room.
Conveniently located close to local shops, supermarkets, public transport links and major road networks, the property offers easy access to Wallsend Town Centre, Newcastle City Centre and the Coast, making it an excellent choice for commuters and investors alike.
Offered at a highly competitive price and ready to move straight into, this fantastic studio apartment presents an excellent opportunity for a variety of buyers. Early viewing is highly recommended.
For more information or to arrange a viewing, please contact Pattinson Wallsend.
Council Tax Band: A Tenure: Leasehold Length of Lease: 120 Annual Service Charge Amount: £1,800.00 External Well-maintained communal grounds with residents' parking available.
Secure communal entrance with intercom access leading to the apartment.
Living room/Bedroom 4.77m x 3.05m A bright and versatile open-plan living space offering ample room for both lounge and bedroom furniture.
A large picture window allows plenty of natural light to flood the room, creating a bright and airy feel.
Freshly redecorated throughout with newly cleaned carpets, the room also benefits from a generous built-in storage cupboard, providing excellent additional storage.
Kitchen 2.02m x 2.05m Modern fitted kitchen comprising a range of wall and base units with contrasting work surfaces, tiled splashbacks, stainless steel sink with drainer, space for appliances and a large window providing plenty of natural light.
Well presented and ready to move straight into.
Wardrobe & Dressing Area Situated just off the main living space, this practical dressing area features a fitted wardrobe alongside a built-in desk, making it an ideal home working or dressing space whilst maximising the available storage.
Bathroom 1.37m x 2.05m Contemporary shower room fitted with a walk-in shower cubicle, pedestal wash hand basin and low-level WC.
Finished in neutral tones with a frosted window allowing for natural light and ventilation.
Shared Back Garden To the rear of the property is a shared lawned garden, providing residents with a pleasant and well-maintained green space to enjoy.
This area also accommodates the communal bin storage.
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 advisors 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

FAQ
About Ryedale, Wallsend, Tyne and Wear, NE28 8TT
Explore nearby