2-bedroom flat · NE63 8TH
Listing removedListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***ground floor modern apartment - two bedrooms - open plan lounge/kitchen - secure entry - allocated & vistor parking - well presented - view now*** Pattinson Estate Agents welcome to the rental market this modern two bedroom ground floor apartment situated in Stamfordham Court within the Portland Development in the West End of Ashington.
Ideally located for access into the town centre with an array of shops and amenities and just a short drive into Morpeth.
Warmed via gas central heating (combi boiler) and with Upvc double glazing throughout the property is well presented throughout. Available to view now.
Briefly comprising; secure entry door into communal hallway, main entrance door into apartment hallway, open plan lounge & kitchen, two bedrooms and bathroom.
Externally an allocated parking bay and ample visitor parking.
***Agents note - please be aware that there are strictly allowed to reside in the building*** To arrange your viewing please contact our Ashington Team on or email Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 750.00 Entrance Hallway Secure main access door to front, built in storage cupboard.
Open Plan Lounge/Kitchen (7.0m x 3.5m) Lounge Area - Two windows to front, two radiators. Kitchen Area Window to front.
A fitted kitchen with a range of wall, floor and drawer units with roll edge worktops and matching splashbacks, one and a half sink and drainer with mixer tap, integrated gas hob and electric oven with chimney style extractor over, washing machine and fridge/freezer, housed gas central heating boiler, wood effect flooring.
Bedroom One (3.3m x 3.2m) Window to rear, radiator. Bedroom Two (3.6m x 2.2m) Window to front, radiator. Bathroom (2.69m x 1.67m) Frosted window to rear.
Fitted with a three piece white suite comprising panelled bath with shower over and glass screen door, pedestal wash hand basin and w.c. Fully tiled walls, wood effect flooring, radiator.
Externally Secure intercom entry into the main building. Allocated parking space and ample visitor parking.
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.
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 advisers 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
.png)
FAQ
About 6, Stamfordham Court, Ashington
Explore nearby