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See how verdicts work3-bedroom flat · NE27 0JE
For saleReduced £10k (−6.5%) on 29 JulListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome this three-bedroom flat to the market, ideally located within a building on Church Road in Backworth.
Spanning two floors, the property is set in a sought-after countryside residential setting and offers excellent access to the A1 and A19, along with a range of local shops, amenities, and public transport links.
The popular coastal town of Whitley Bay is also just a short distance away, making this an ideal location for a variety of buyers.
Upon entering the property, you are welcomed into a kitchen featuring a range of base and wall units, along with integrated appliances including a hob and oven.
Leading on, you will find the living room offering ample space for a variety of furnishings, complete with a charming fireplace acting as a focal point.
Also located on the ground floor is bedroom three, which comfortably accommodates a double bed alongside additional furnishings. Completing this level is a bathroom fitted with a bath, W.C.
And hand basin. Continuing to the first floor, the property offers two sizable bedrooms, both capable of accommodating double beds along with further furnishings.
The principal bedroom benefits from a fitted wardrobe and a private en-suite, comprising a shower, W.C. And hand basin, providing added convenience and comfort.
Externally, the property benefits from a designated parking space to the rear, along with additional external storage, enhancing the practicality of this attractive home.
Living Room (4.06 x 4.23 (13'3" x 13'10")) Kitchen (3.21 x 2.65 (10'6" x 8'8")) Bedroom One (5.09 x 4.23 (16'8" x 13'10")) En Suite (1.73 x 2.15 (5'8" x 7'0")) Bedroom Two (2.54 x 3.97 (8'3" x 13'0")) Bedroom Three (2.71 x 3.38 (8'10" x 11'1")) Bathroom (3.33 x 2.71 (10'11" x 8'10"))
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 Flat E, Old Co-Op Buildings, Backworth
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