Auction
Auction date passed
This lot went to auction on 29 September 2026 (24 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
1-bedroom flat · NE38 8NJ
For saleListed 44 daysAuction 29 Sep · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Tuesday, 29 Sep 2026 ending at 11:00 Vacant one-bedroom duplex apartment in a popular waterside development, offering strong investment potential with open-plan living, resident parking, and EPC rating C For Sale by Auction – Vacant One Bedroom Duplex Apartment | EPC Rating: C | Leasehold An excellent opportunity to acquire a vacant one-bedroom duplex apartment, ideally suited to investors or first-time buyers seeking a well-located property with strong rental potential.
Situated within the popular Sherringham House development, the property enjoys an attractive position overlooking a scenic lake to the rear, while also benefiting from convenient access to local amenities, transport links, and Washington town centre.
The accommodation is arranged over two floors and briefly comprises: Entrance hall, a double bedroom with built-in storage, and a bathroom/WC to the first floor.
To the second floor, there is a bright and spacious open-plan living and dining area, along with a fitted kitchen.
The layout offers a practical separation between living and sleeping space, enhancing its appeal for modern occupiers. Externally, the property benefits from communal grounds and resident parking.
The apartment is presented in generally good order but would benefit from some cosmetic updating, providing an opportunity to add value.
Key Features: One bedroom duplex apartment Vacant possession Popular residential location Attractive waterside setting Open-plan living space Double bedroom with storage Resident parking Ideal investment opportunity EPC Rating: C Tenure: Leasehold Investment Potential: With strong rental demand in the area, the property offers an attractive yield opportunity once let, making it an appealing addition to any portfolio.
Viewing: Highly recommended to appreciate the setting and potential on offer.
Tenure: Leasehold EPC Rating: C Portrait Video Tour False Additional Fees Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
Area
Agent & docs
FAQ
About Number 16. Sherringham House Station Road, Washington
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