2-bedroom flat · NE22 5QB
For saleListed 375 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Notice of offer 42 Victoria Terrace, Bedlington, NE22 5QB. We advise that an offer has been made for the above property in the sum of £40,000.
Any persons wishing to increase on this offer should notify the agents of their best offer prior to exchange of contracts.
Rook Matthews Sayer, 82 Front Street, Bedlington, NE22 5UA Ideal Investment opportunity for first time buyers or buy to let investors.
Located in the popular residential area of Bedlington this ground floor flat although in need of updating offers spacious accommodation.
The property briefly comprises of lounge, two bedrooms, kitchen, dining room, and bathroom. Externally a shared rear yard. Viewing is essential to see what this property has to offer.
Entrance Composite door. Lounge 11.30ft x 15.34ft (3.44m x 4.67m) Double glazed window to front, double radiator, electric fire, coving to ceiling.
Dining Room 13.22ft x 10.83ft (4.02m x 3.30m) Double glazed window to rear, single radiator, coving to ceiling, gas fire, storage cupboard, door to bedroom.
Kitchen 11.54ft x 8.08ft (3.51m x 2.46m) Double glazed window to side, fitted with a range of wall, floor and drawer units with coordinating roll edge work surfaces, coordinating sink unit and drainer with mixer tap, fully tiled, built in electric fan assisted oven, space for fridge, plumed for washing machine, laminate flooring, double glazed door to rear.
Bedroom One 7.37ft x 15.55ft (2.24m x 4.73m) Double glazed window to front, single radiator, coving to ceiling.
Bedroom Two 10.04ft x 7.28ft (3.06m x 2.21m) Double glazed window to rear, single radiator.
Bathroom 8.17ft x 5.51ft (2.49m x 1.67m) Three piece white suite comprising of panelled bath, pedestal wash hand basin, low level wc, double glazed window to side, single radiator, part tiling to walls, tiled flooring.
External Shared yard to rear.
Primary services supply Electricity: Unknown Water: Unknown Sewerage: Unknown Heating: Unknown Broadband: None Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Tenure Leasehold. It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 999 years from 20 February 1991 Ground Rent: No ground rent Service Charge: No service charge Tyneside Lease council tax band: C EPC rating: A BD008687SB/SJ13.10.25.v.1
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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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.
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About 42, Victoria Terrace, Bedlington
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