2-bedroom flat · NE24 4BL
Sold STCReduced £5k (−7.7%) on 26 SepListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Presenting an exceptional opportunity to secure this two-bedroom first floor flat, ideally situated in a sought-after location that offers both convenience and a vibrant lifestyle.
Perfectly suited for first-time buyers or astute investors, this inviting property is offered with no upper chain, making for a smooth and swift purchase process.
Step inside to discover a entrance hallway leading to the first floor, a spacious living room that provides ample space for both relaxation and entertaining.
The kitchen and The two double bedrooms are generously proportionedand the bathroom/wc completes the accommodation on offer.
Additional highlights include gas central heating and double glazing throughout, providing comfort and efficiency all year round.
With its excellent location, this flat offers easy access to local shops, cafes, and transport links, making daily commuting and weekend outings a pleasure.
The property is a must-see for anyone seeking a modern, low-maintenance home in a thriving area, whether as a personal residence or a rewarding investment opportunity.
Do not miss your chance to view this superb flat - contact our agency today to arrange your viewing and take the first step towards making this property your own.
EPC Rating: D Entrance Via door into hallway. Landing Radiator, access to loft. Lounge (4.76m x 4.32m) Radiator, double glazed window.
Kitchen (3.21m x 1.88m) Base units, stainless steel sink unit, combi boiler, radiator, double glazed window. Bedroom One (4.79m x 4.34m) Radiator, double glazed window.
Bedroom Two (3.73m x 2.72m) Radiator, double glazed window. Bathroom/WC Low level wc, pedistal wash hand basin, panelled bath, radiator, double glazed window. Yard Shared yard
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
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FAQ
About 697 Plessey Road, Blyth
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