1-bedroom flat · NE37 3EN
For saleListed 1220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Ideal first time buyer or investment opportunity! One bedroom upper flat in a popular residential area close to local industry, schools and amenities.
Pattinsons estate agents welcome to the market this generously proportioned one bedroom property in a quiet location.
The property in brief comprises; entrance hallway leading to lounge, kitchen, bathroom and double bedroom. The property also benefits from a balcony which can be accessed through the lounge.
This property is decorated neutrally with grey carpets. Communal lawn gardens, elevator access and ample communal parking to the side aspect.
Please call Washington branch on Council Tax Band: A Tenure: Leasehold Length of Lease: 57 Annual Ground Rent Amount: 10.00 Annual Service Charge Amount: 1,860.00
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
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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
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FAQ
About 127, Waterloo Walk, Washington
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