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See how verdicts work1-bedroom flat · NE38 9EQ
Listing removedListed 99 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bridgfords welcome to the sales market this first floor flat situated in the desirable Rickleton Village. This flat will appeal to investors and first time buyers or those looking to downsize.
This one bedroom flat is located in Rickleton and offers a good level of public transport and local amenities.
The property comprises; entrance hallway, lounge, fitted kitchen with opening to lounge, spacious bedroom and a family bathroom with three piece suite.
Externally the property offers off street communal parking and a well presented communal garden. The flat has double glazing, gas central heating, and 81 year lease remaining.
Offered with no onward chain
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 50, Petteril, Tyne and Wear
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