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See how verdicts work1-bedroom flat · NE33 4JR
Listing removedListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary | one bedroom | lower flat | gas central heating | great amenities | no chain | We are delighted to offer to the market this large one bedroom ground floor flat on the corner of Hampden Street and Ravensworth Terrace.
Benefiting from gas central heating and double glazing the property is well placed for amenities and is also a short walk to the metro.
An ideal downsize or first time buy the property is sold with no upper chain so early viewing is essential..
Comprising briefly :- Upvc door to the entrance hallway with doors to the large bedroom, lounge and bathroom. The kitchen leads from the lounge and on to the rear yard and decked patio are.
Offered with no upper chain, additional pictures to follow....
Council Tax Band: A Tenure: Leasehold Length of Lease: 975 Entrance Upvc door to the entrance hallway with doors to the lounge, bedroom one and bathroom.
Lounge Double glazed window to the rear and central heating radiator. Feature fire surround and door to the kitchen.
Kitchen Fitted with a range of wall and base units with roll top work surfaces, electric oven and gas hob with extractor hood. Plumbed for automatic washing machine.
Double glazed window to the side and door to the yard. Bedroom One. Double glazed window to the front, central heating radiator and fitted wardrobes.
Bathroom Comprising low level w.c., panelled bath and wash basin. Double glazed window to the front and central heating radiator.
External An enclosed yard lies to the rear with decked patio area and timber shed.
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 63, Hampden Street, South Shields
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