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See how verdicts work2-bedroom flat · NE38 0PZ
Listing removedListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Residential welcome to the sales market this well-presented two-bedroom first-floor flat in the ever-popular Lambton, Washington.
The property is deceptively spacious throughout, benefiting from generous room sizes and access to an outdoor communal balcony. Access to the building is also available via a secure intercom system.
This home represents an ideal purchase for first-time buyers, those looking to downsize, and investors alike.
Lambton is home to the well-regarded Holly Park Primary School, located a short distance away, with additional schooling available in nearby Oxclose.
Transport links are excellent for both public transport users and commuters, with the A19 and A1 only a short drive away. Lambton remains a highly sought-after area within Washington.
Accommodation comprises: Entrance: Access into the hallway.
Lounge: A well-presented and spacious lounge open to a dining area, featuring a double-glazed window, neutral décor, and neutral carpet flooring.
Kitchen: Offering a range of wall and base units with roll-top work surfaces and white tiled splashbacks. Double-glazed window, plumbing for major white goods, neutral décor, and tile-effect flooring.
Bedroom One: A large double bedroom with double-glazed window, neutral décor, and carpet flooring.
Bedroom Two: A further generous bedroom with double-glazed window, neutral décor, and carpet flooring.
Bathroom: A beautiful three-piece white bathroom suite comprising a walk-in shower cubicle, low-level WC, and wash hand basin. Part-tiled walls with contrasting neutral décor and tile-effect flooring.
Storage Cupboard: A large walk-in storage cupboard, currently used as a walk-in wardrobe. External: Communal balcony.
Council Tax Band: Band A (Sunderland Council) Tenure: Leasehold (94 years) Ground Rent: £10 per year Service Charge: £97.12 per month
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
FAQ
About Pendle Close, Lambton, Washington, NE38
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