1-bedroom flat · NE38 7SU
Listing removedReduced £20 (−4.7%) on 7 JulListed 133 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Amenities On Doorstep!! Jill Moore Sales & Lettings are proud to present this ground floor studio apartment, located in the popular Glendale house apartment block, to the lettings market.
The property is available immediately, is neutrally decorated throughout and offers great commuting links.
The property briefly comprises: Communal entrance, entrance hall with electric radiator, studio lounge/kitchen area, shower room and bedroom. Externally there is parking. Dss welcome with Guarantor.
All measurements are approximate and intended as a guide only. All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
Fixtures and fittings other than those included in the above details are to be agreed separately.
All EPCs are generated by a third party and Jill Moore Sales & Lettings accepts no liability for their accuracy.
The Floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this.
It is highly likely the plans do not show cupboards, indents, fireplaces or recesses and are not drawn to scale or with doors, staircases and windows in the correct scale or position.
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It may not be wholly accurate, complete or up-to-date and should not be relied upon. Intellectual Property.
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A holding deposit of five weeks rent is payable upon application and all properties are subject to a bond which equates to one month's rent plus, subject to satisfactory references and credit checks.VIEWING ARRANGEMENTS: Viewings are arranged within our opening hours which are Monday to Friday 9.00am-5.00pm or Saturday 9.00am to 1pm.
Entrance Hall Enter through doorway into light and airy hallway with neutral walls, electric radiator, carpet to the floor and doors off to bedroom, bathroom and lounge/kitchen.
Bedroom The bedroom is a generous size featuring neutral walls, electric radiator and carpet flooring.
Lounge/Kitchen The good-sized lounge space is flooded with natural light from the large double glazed windows looking out over the front aspect of the property.
The lounge area also offers neutral walls, carpet to the floor and electric radiator.
The fitted kitchen offers neutral wood-effect base and wall units providing ample storage space and housing integrated stainless steel sink with mixer tap and space for appliances.
Bathroom The bathroom is complete with neutral walls, radiator, large walk in shower cubicle, hand wash basin, and w/c. External Externally there is a series of parking spaces.
Council Tax Band Band A EPC Rating Rating B Disclaimer A holding fee equivalent to one weeks rent is required on application.
One month’s rent in advance and a bond equal to one month’s rent less the holding fee is required upon move in. Please contact the office for further information.
All tenancies will initially be for six months and renewed thereafter.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Glendale House, Washington, Tyne & Wear, ., NE38
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