2-bedroom flat · NE63 8UN
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to present to the market this two bedroom top floor apartment in Ashington, offered on a leasehold basis with approximately 114 years remaining.
This modern property is ideally suited to those seeking contemporary living with the added convenience of allocated parking.
The apartment features a well-proportioned reception room, two bedrooms, and a bathroom, all finished to a high standard in line with new build expectations.
Gas heating is provided throughout, ensuring comfort year-round.
Residents will appreciate the peace of mind of Council Tax Band A and the manageable ground rent and service charge, currently set at approximately 130 per month.
This is an excellent opportunity to acquire a stylish, low-maintenance home in a sought-after location.
Being sold with no Upper Chain EPC: Tbc Council Tax Band: A Tenure: Leasehold Length of Lease: 114, approx 130 per month for gr & sc Entrance Hallway Storage cupboard Living Room (3.80m x 6.26m) Double glazed window and double glazed french door with Juliet Balcony -Radiator -Open plan to kitchen -TV point Kitchen (3.84m x 1.94m) Double glazed window -Fitted wall & base units with work tops -Plumbed for washing machine -Integrated oven & hob with extractor hood Bedroom 1 (3.29m x 3.27m) Double glazed window -Radiator Bedroom 2 (3.82m x 2.25m) Double glazed window -Radiator Bathroom Double glazed window -Panelled bath wit electric shower over -Shower screen -Pedestal wash hand basin -Low level wc -Radiator
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
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FAQ
About 11, Acklington Court, Ashington
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