1-bedroom flat · NE31 1FH
Sold STCListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely one bedroom first floor apartment offering great space within living accommodation.
The open plan kitchen/lounge with equipped with appliances and has a great storage cupboard for cleaning items.
The bedroom is adjacent to the modern shower room and externally there is an allocated parking bay.
All amenities are situated close-by including Hebburn Metro station offering great commuting City links. Early viewing is a must to avoid missing out.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HEB220130/2 First Floor Landing Entrance Hall radiator, stairs off Lounge 3.45m x 5.05m (11' 4" x 16' 7") two x radiators, venetian blinds, storage cupboard with Logic gas combi central heating boiler and open to:- Kitchen 2.64m x 1.85m (8' 8" x 6' 1") fitted wall and floor units with contrasting work surface, one and a half bowl stainless steel sink unit, mixer tap, gas hob, extractor hood, fridge/freezer, automatic washing machine, part tiled walls, venetian blinds Shower Room white suite comprising:- shower cubicle, low level wc, pedestal hand wash basin, tiled splashback, extractor, radiator, vinyl floor covering Bedroom 3.71m x 3.28m (12' 2" x 10' 9") radiator, venetian blinds External designated parking bay, exterior storage cupboard with lighting EPC Rating C Council Tax Tax Band A
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 Lycaon Gardens, Hebburn, Tyne and Wear, NE31
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