2-bedroom flat · NE28 7SB
To rentListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming ground floor flat is available middle of October to let in the heart of Wallsend. Upon entering, you are welcomed by a cosy entrance porch, leading into a spacious hallway.
To the front of the property, you'll find the generously sized main bedroom, filled with natural light, offering a peaceful retreat.
Towards the rear, the inviting lounge provides the perfect space for relaxation and entertaining, while a second, smaller bedroom offers versatility, whether as a guest room or a home office.
The modern kitchen, complete with ample storage, boasts direct access to a private rear yard – ideal for enjoying outdoor moments.
This delightful flat is superbly located, just a short stroll from the vibrant Wallsend High Street, with its array of shops, cafes, and local amenities, as well as excellent transport links, making commuting and getting around a breeze.
Perfect for those seeking both convenience and comfort. EPC rating: C.
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.
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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
FAQ
About Cumberland Street, Wallsend, NE28
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