2-bedroom flat · NE63 9RB
For saleListed 1427 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****** ATTENTION ALL INVESTORS TO BE SOLD SUBJECT TO THE CURRENT ASSURED SHORTHOLD TENANCY AGREEMENT -FIRST FLOOR FLAT - TWO DOUBLE BEDROOMS - FITTED KITCHEN - GAS CENTRAL HEATING - EPC GRADE D *** Mike Rogerson Estate Agents welcome to the market this two bedroom first floor flat situated on College Road in Ashington.
Ideally located for local schools, Northumberland College and amenities the property benefits from gas central heating.
Briefly comprising: entrance, stairs to first floor, landing, lounge, kitchen, two bedrooms and bathroom. Externally open plan garden to front.
Viewings are highly recommended to appreciate the accommodation on offer. To arrange yours, please contact the Ashington office.
We are obligated under the estate agency act of 1979 to inform all parties the vendor is an employee of Mike Rogerson Estate Agents. Entrance Via Upvc double glazed door to side.
Entrance Hall Stairs leading to first floor. Landing Cloaks cupboard.
Lounge 14' 7'' x 11' 4'' (4.44m x 3.45m) Single glazed window to front, wall mounted gas fire, radiator, double doors to kitchen.
Kitchen 9' 1'' x 9' 0'' (2.77m x 2.74m) Single glazed window to rear, fitted with a range of wall, floor and drawer units, stainless steel sink and drainer, radiator.
Bedroom One 10' 2'' x 12' 1'' (3.1m x 3.68m) Window to front, built in cupboard, central heating radiator.
Bedroom Two 9' 8'' x 7' 1'' (2.95m x 2.16m) Single glazed window to rear, radiator.
Bathroom Single glazed window to rear, three piece suite comprising panelled bath, pedestal wash hand basin and w.c, radiator. Externally Open plan lawned area to front.
EPC Graph A full copy of the Energy Performance Certificate is available upon request. Tenure We have been advised by the seller that the property is leasehold.
We recommend any potential purchaser have this verified by a solicitor.
Agents Note We are obligated under the estate agency act of 1979 to inform all parties the vendor is an employee of Mike Rogerson Estate Agents.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About College Road, Ashington
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