1-bedroom flat · NE28 7DE
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Middleton Estates and Lettings are delighted to bring to the rental market his beautiful one-bedroom lower-flat situated on Shakespeare Street in Wallsend.
The property offers easy access to local shops, supermarkets, and amenities.
Great transport links are available via bus routes and nearby Wallsend Metro/Howdon Metro stations, making it ideal for commuting into Newcastle city centre and the coast.
Briefly comprising; Entrance Hallway, Entrance Hallway; Small Under Stair Storage, Living Room, Large Double Bedroom, Kitchen With Storage Cupboard And Finally The Bathroom.
Externally, To The Front Enclosed Garden And To The Rear An Enclosed Rear Yard. The property benefits from uPVC double glazing and gas central heating, via combi boiler, throughout.
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.
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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
FAQ
About Shakespeare Street, Wallsend, Tyne and Wear, NE28
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