2-bedroom flat · NE37 1EZ
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming two-bedroom apartment located on Parsons Road in Washington.
Situated on the first floor of a recently refurbished apartment block, this property offers a modern and inviting living space perfect for individuals or small families.
As you enter, you will find an open plan living area that seamlessly combines comfort and functionality.
The layout is designed to maximise space and light, creating a warm atmosphere for relaxation or entertaining guests.
The apartment features electric heating and double glazing, ensuring a cosy environment throughout the year.
The two well-proportioned bedrooms provide ample space for rest and personalisation, while the bathroom is conveniently located to serve both bedrooms and guests alike.
This unfurnished apartment allows you the freedom to decorate and furnish it to your taste, making it truly feel like home.
Located in a popular area, residents will benefit from ample parking, making it easy for both you and your visitors.
The surrounding neighbourhood offers a variety of local amenities, ensuring that everything you need is within easy reach.
This delightful apartment is available to let and presents an excellent opportunity for those seeking a comfortable and stylish living space in a sought-after location.
Don't miss your chance to make this lovely apartment your new home. Communal Entrance Communal Hall Inner Hallway Living Room/Kitchen Bedroom 1 Bedroom 2 Bathroom
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Parsons Road, Washington
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