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See how verdicts work2-bedroom flat · NE28 7SW
For saleListed 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** FIRST FLOOR FLAT – TWO DOUBLE BEDROOMS - GENEROUS CORNER PLOT - NO UPPER CHAIN - SOME MODERNISATION REQUIRED - IDEAL INVESTMENT/FIRST TIME BUY - SOUGHT AFTER LOCATION *** Offered to the sales market, with no upper chain is this Two Bedroom First Floor Flat situated on Dene Crescent in Wallsend.
The property is close to all local amenities including schools, shops, good access to all major road and bus links and within walking distance to The Green and Richardson Dees Park.The property does require some modernisation but would make an ideal first time buy/investment.
The accommodation briefly comprises: entrance with stairs leading to first floor landing, spacious lounge, kitchen, two double bedrooms and bathroom/w.c.
Externally the property is situated on a generous corner plot giving the property a substantial garden to the side with patio area, greenhouse, pond and fenced boundaries.
The property also benefits from double glazing and new electric heating. EPC Rating: TBC Viewing is highly recommended to fully appreciate the plot and location on offer.
To arrange a viewing please contact our Wallsend Office. Entrance With composite entrance door, double glazed window to rear, stairs leading to first floor landing.
First Floor Landing With double glazed window to side, electric heater, spotlights to ceiling, doors leading to all rooms.
Lounge approx 12' 7'' x 11' 9'' (3.83m x 3.58m) With double glazed window to front, coving to ceiling, electric heater, power points.
Lounge additional image Kitchen approx 9' 9'' x 6' 9'' (2.97m x 2.06m) Fitted with a range of floor, wall and drawer units with work surfaces, stainless steel sink and drainer unit, cooker point, space for fridge/freezer and washing machine, part tiled walls, coving to ceiling, power points, double glazed window to rear.
Kitchen additional image Bedroom One approx 12' 7'' x 10' 4'' (3.83m x 3.15m) Situated to the rear of the property with double glazed window, coving to ceiling, electric heater, power points, cupboard containing water tank plus additional cupboard.
Bedroom Two approx 11' 7'' x 11' 3'' (3.53m x 3.43m) Situated to the front of the property with double glazed window, coving to ceiling, electric heater, power points.
Bathroom/w.c approx 8' 0'' x 4' 7'' (2.44m x 1.40m) Fitted with a white three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level w.c, tiled walls, double glazed window to side, access into loft space.
Externally Externally the property is situated on a generous corner plot giving the property a substantial garden to the side with patio area, greenhouse, pond and fenced boundaries.
Garden additional image Rear Elevation EPC Rating: TBC A full version of the Energy Performance Certificate is available upon request.
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.
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About Dene Crescent, Wallsend
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