2-bedroom flat · NE38 7HF
Sold STCListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside are delighted to welcome to the sales market this well-presented two bedroom ground floor flat, pleasantly tucked away within a quiet cul-de-sac in Walsingham, Biddick.
Benefiting from off-street parking and offered with no onward chain, this property is sure to impress.
The property is positioned within a quiet residential cul-de-sac and has a lawned garden to the front along with shared access to a gravel driveway providing off-road parking.
It also benefits from uPVC double glazing throughout and neutral décor, offering a ready to move into home with scope for further personalisation.
The property is offered with no onward chain and benefits from a recently extended lease, making it an attractive and straightforward purchase.
Thorough internal inspection is recommended in order to fully appreciate the space, layout and potential of this well-proportioned property for sale.
Location Biddick is one of the most desirable villages in Washington, being located close to the iconic Princess Anne Park as well as falling within the catchment area for Biddick Academy and St Roberts Of Newminster secondary schools.
This pleasant location is ideal for commuting, being only minutes away from both the A1 and A19, and benefits from excellent transport links with easy access to the Galleries shopping centre.
The property comprises: Entrance Hall uPVC double glazed door, useful storage cupboard offering additional space and neutral décor.
Lounge - 10'8 x 14'3 (3.25m x 4.34m) A spacious lounge with neutral décor, uPVC double glazed window and ample space for furnishings.
Kitchen - 8'9 x 7'7 (2.67m x 2.31m) Fitted kitchen with a range of wall and base units, tiled splashback, space and plumbing for white goods and a uPVC window.
Bathroom - 6'3 x 5'4 (1.91m x 1.63m) Bathroom comprising: low level WC, wash hand basin and panelled bath with overhead shower. Finished with tiled walls and a privacy window.
Bedroom One - 12'3 x 9'9 (3.73m x 2.97m) A well-proportioned double bedroom with neutral décor and uPVC double glazed window.
Bedroom Two - 8'5 x 6'6 (2.57m x 1.98m) A second bedroom suitable for a variety of uses including guest room, nursery or study, with uPVC window.
External The property enjoys a front garden laid to lawn and benefits from shared access to a gravel driveway providing off-road parkin EPC Rating: C
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Walsingham, Biddick, Washington, Tyne and Wear, NE38
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