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See how verdicts work1-bedroom flat · NE21 6BB
Listing removedListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***chain free*** This well presented one bedroom upper floor flat is in the popular part of Hanover Estate, a short walk from local shops, amenities and transport links.
The property comprises of entrance hall, living room, separate kitchen, bedroom and modern style bathroom W/C. Gas central heating with a new Baxi boiler fitted in 2026.
Externally the property benefits from a garage adjacent to the property, along with on street parking and a shared communal garden. Ideal first home or investment. Viewing highly recommended.
EPC Rating C. Lounge (13' 4'' x 10' 0'' (4.06m x 3.05m)) Kitchen (9' 1'' x 5' 2'' (2.78m x 1.57m) max) Fitted with a range of wall and base units, built in oven and hob.
Space for freestanding appliances (not included). Bedroom (10' 0'' x 7' 11'' (3.06m x 2.42m) max) Built in wardrobe. Bathroom (6' 0'' x 5' 1'' (1.82m x 1.54m)) Bath with shower over, wash basin, W/C.
Garage In block next to property. Up and over garage door. Externally Parking available on street. Shared communal garden.
Additional Information Council tax band: A We understand this property is leasehold.
Mobile phone coverage and broadband availability: Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining.
We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.
Leasehold Information Length of original lease: 125 years Original date: 2001 Years remaining: 100 years Annual ground rent: £31 Ground rent review period: Tbc Last ground rent review date: Tbc Annual service charge: £1,648.31 Included in the service charge: General repairs, management fee, accounting fee, emergency lighting and testing, grounds maintenance, sundry expenditure and buildings insurance.
Note Regarding Photographs Please note, these photographs were taken before the current tenant moved in. They will be updated once the tenant vacates.
Important Note To Purchasers We have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract.
The measurements are a guide to prospective buyers only and are not precise. We have not carried out a structural survey and the services, appliances and fittings have not been tested by us.
If you require any further information, please contact us.
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
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
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FAQ
About 133, Hanover Drive, Winlaton
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