1-bedroom flat · NE21 6BB
Listing removedListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented unfurnished one bedroom ground floor flat is available immediately.
Situated on the popular Hanover Estate the property is ideally located for all local amenities and transport links.
The internal accommodation briefly comprises entrance lobby, lounge, separate kitchen, double bedroom and shower room/WC. Externally there are communal gardens. Early viewing is highly recommended.
EPC Grade E. Council Tax Band A.
The property is for rent at a rental of £500 PCM There are excellent road and public transport links with the A1 Western Bypass allowing access to The Metrocentre, Team Valley and Newcastle City.
The train station in The Metrocentre allows links to Hexham and Carlisle and Newcastle.
To proceed to rent this property you will have to sign a Holding Deposit Agreement and pay a Holding Deposit of one weeks rent which will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WIN170102/2 Description This well presented one bedroom ground floor flat is available immediately.
Situated on the popular Hanover Estate the property is ideally located for all local amenities and transport links.
The internal accommodation briefly comprises entrance lobby, lounge, separate kitchen, double bedroom and shower room/WC. Externally there are communal gardens. Early viewing is highly recommended.
EPC Grade E. Council Tax Band A. Location Winlaton is situated within Blaydon-On-Tyne, local amenities include local shops, opticians, dentists, doctors, three local primary schools and St.
Thomas More Catholic Academy. Countryside walks are available as well as having good transport links to the nearby Blaydon Town Centre, Gateshead Metro Centre and the A1 North and South.
Entrance Lobby Lounge 4.07 x 3.06 - Large Double glazed window. Electric heaters. Kitchen 3.35 x 1.76 - Wall and Base units. Double Glazed Window. Oven and Fridge Freezer.
Bedroom 3.06 x 2.39 - Double glazed window. Electric heater. Bathroom Bathroom with shower cubicle, basin and WC.
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 Hanover Drive, Blaydon-On-Tyne, Tyne And Wear, NE21
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