2-bedroom flat · NE63 0LN
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**IDEAL INVESTMENT** a two bedroom upper flat, ideally situated for local amenities and transport links. The property comprises of entrance lobby, landing, lounge, kitchen, two bedrooms, bathroom.
Ground Floor - Entered via a double glazed door, stairs up to the landing. Lounge - 4.67m x 3.58m (15'4 x 11'9) - Double glazed window, radiator,.
Kitchen - Double glazed window, radiator, sink with drainer and mixer tap, wall and base units with work tops, plumbed for washing machine.
Bedroom One - 3.23m x 5.23m (10'7 x 17'2) - Double glazed window, radiator,. Bedroom Two - 3.89m x 3.05m (12'9 x 10') - Double glazed window, radiator,.
Bathroom - Bath, sink, low level, double glazed window. Tenure: - WE UNDERSTAND THE PROPERTY IS LEASEHOLD.
HOWEVER, WE ARE NOT QUALIFIED TO VERIFY THE TENURE ON ANY PROPERTY AND YOUR SOLICITOR SHOULD BE CONSULTED REGARDING THIS.
Viewing - BY APPOINTMENT WITH OUR ASHINGTON OFFICE / Mortgages - Why not make an appointment to speak to our Independent Mortgage Adviser?
PLEASE NOTE: Your home may be repossessed if you do not keep up repayments on your mortgage.
Oracle Financial Planning Limited will Pay Rickard 1936 Ltd a referral fee on completion of any mortgage application File Number - PLEASE QUOTE REFERENCE NO:
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
Agent & docs
FAQ
About Bywell Road, Ashington
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