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See how verdicts work2-bedroom flat · NE34 0PE
Sold STCListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal for the First Time Buyer in this ever popular location, a Ground Floor Flat with a new fitted kitchen and bathroom.
The home offers neutral decor, ready to move into and creates a blank canvas for the new owner, there are two bedrooms, a lounge, the stylish fitted kitchen and bathroom with shower over the bath.
Benefits include gas central heating with the boiler having been replaced within the last 12 months or so, double glazed windows, separate rear sun trap yard with painted walls and a new gate.
With No Onward Chain, viewing is a must Entrance Lobby Through to Entrance Hall Built in cupboard and contemporary glass fronted covered radiator Living Room (4.40 x 3.87 (14'5" x 12'8")) Feature fire for display only, ceiling rose and coving, radiator Kitchen (4.16 x 3.20 (13'7" x 10'5")) A new fitted kitchen comprising wall and base units with worksurfaces housing a sink unit, electric hob with oven under and filter hood over, breakfast bar with white goods of a fridge and freezer, tiled walls and a radiator Lobby Door to the yard Bathroom Vanity units housing the wash basin and WC, bath with mixer shower tap, clad walls and a towel radiator Bedroom 1 (4.21 x 4.20 (13'9" x 13'9")) Bay window and two radiators Bedroom 2 (3.31 x 2.62 (10'10" x 8'7")) Radiator External Separate rear yard with south west aspect making it a sun trap.
Note Long Leasehold Title 999 years from 1980, Council Tax Band A, Mains Services Connected, Flood Risk very low.
Broadband Basic 9 Mbps, Superfast 71 Mbps, Ultrafast 1000 Mbps, Satellite/Fibre TV Availability BT, Sky and Virgin, Mobile Coverage O2, EE, Three and Vodafone all limited.
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
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FAQ
About 132, Ashley Road, South Shields
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