2-bedroom flat · NE22 7BL
For saleListed 1 dayAuction 11 Nov · in 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £5,000+ **For Sale By Public Auction 11th November 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Ground Floor Two Bedroom Flat Tenure Leasehold.
The property is held on a 999 year lease from 23rd December 1996 (thus approximately 696 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
There are numerous green open spaces that are within easy reach. Transport links are provided by the A189 to the west.
Description The property comprises a ground floor two bedroom flat situated within a semi detached building arranged over ground and first floors.
Accommodation Ground Floor Reception Room Kitchen Two Bedrooms Bathroom Exterior The property benefits from a private rear garden.
Open House Viewings: Monday 2 November 13:00 - 13:30 Wednesday 4 November 13:00 - 13:30 Saturday 7 November 16:00 - 16:30 Tuesday 10 November 12:00 - 12:30
Value & comps
No previous sales on record.
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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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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 24 Wilson Avenue, East Sleekburn, Northumberland, NE22 7BL
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