2-bedroom flat · NE63 8UP
To rentListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor 2 bedroom apartment is available to move into as part of our Rent to Buy scheme. This property comprises an open plan kitchen/living space.
It also has a good size bedrooms and a fitted bathroom. Complete with one allocated parking bay to the parking court at the front of the building.
Appliances included are gifted such as the oven/hob and extractor. There is a space for your own fridge freezer and washing machine.
Hellens Residential will undertake referencing checks on all applicants wishing to move into a rental property.
As part of this process, we will undertake a credit check to ensure each applicant does not have any adverse credit.
We will also determine affordability to ensure applicant's income sufficiently covers rental payments. We will also require photo ID and credible documentation to suit.
Full months rent upfront required as well as deposit required prior to key handover. Deposit amounts to a full months rent.
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 Greenhaugh Court, Ashington, Northumberland
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