1-bedroom flat · NE25 0AY
Listing removedListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Generously sized one-bedroom first-floor flat sold with the current long-term tenant in situ, making it an excellent turnkey investment opportunity.
The property is accessed via a private ground-floor entrance with useful storage space and direct access to the rear yard, with stairs leading up to the main accommodation.
Inside, the flat offers a bright and well-proportioned living room overlooking the front of the property, featuring a decorative fireplace, traditional coving and a large window that floods the space with natural light.
The kitchen/breakfast room provides a range of fitted wall and base units and ample work surfaces.
The generous double bedroom is well presented and easily accommodates additional furniture, while the bathroom includes a full-sized bath, pedestal basin and W.C., complemented by a frosted window for light and privacy.
Externally, the property benefits from a shared rear yard and access to a private garage. Freehold EPC: D, Council Tax Band: A, Gas, Electric, Water, Heating, Drainage: Mains Connected.
Broadband: Fibre to Cabinet. Mobile Phone Blackspot: No. Mining: The property is not known to be on a coalfield and is unknown whether to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any
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
FAQ
About 28b, Hartburn Terrace, Whitley Bay
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