1-bedroom flat · NE22 5BU
Listing removedListed 100 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 Bedroom Flat in Wansbeck Court, NE22 5BU – Independent Living Scheme (Over 55s) A well-presented first floor, one-bedroom flat located within an Independent Living Scheme for applicants aged 55 and over.
The scheme offers a friendly and secure environment with excellent communal facilities, including a communal lounge, laundry room, and attractive communal gardens, providing opportunities to socialise and enjoy independent living.
Ideally situated close to a range of local amenities, including shops, GP surgeries, and pharmacies, making everyday essentials easily accessible.
A lift is available on site for convenient access to the property. Property Features: • First floor flat • 1 single bedroom • Bathroom with walk in shower.
• Lift access • Communal lounge • Communal laundry room • Communal gardens • Close to shops, GP surgeries and pharmacies • No pets permitted Weekly Charges • Rent: £93.10 • Service Charge: £61.03 • Other charges: £11.72 Total Weekly Cost: £165.85 This property is ideal for applicants looking to maintain their independence while benefiting from a safe, welcoming community and additional peace of mind through the emergency care line service.
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 Wansbeck Court, Front Street East, Bedlington, Northumberland
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