3-bedroom house · NE23 8FN
Listing removedListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson is pleased to present The Ellerton, a three bedroom terraced property to rent in West Meadows, Cramlington -The ground floor comprises of an entrance hallway leading into the front reception room, which features generous windows that flood the room with natural light.
There is a WC and storage cupboard located in a central lobby, which leads to a fully integrated kitchen dining area, perfect for entertaining, with French doors that effortlessly connect the indoor and outdoor spaces.
The first floor houses an additional storage cupboard, two double bedrooms and one single bedroom which offer ample storage space.
The master bedroom, which faces the front of the property, includes the luxury of an en-suite while a contemporary family bathroom completes the layout.
Key features * Available now - move straight in * Three bedrooms, two bathrooms, downstairs wc * Spacious reception room * Private garden * Excellent location with great transport links Make Renting Simple & Stress-Free: * Professionally Managed - Maintenance handled quickly & efficiently.
* No Unexpected Charges - Repairs due to wear & tear covered. * Customer-first Approach - Clear communication & hassle-free renting.
Don't miss your opportunity to secure this impressive Ellerton-style family home! Register your interest today. Disclaimer: Energy Band: B | Council Tax Band: B.
Please verify with the agent for the most accurate and up-to-date information. We are regulated by The Property Ombudsman (TPO) and also a member of Client Money Protection.
Property features and specifications may vary on a plot-by-plot basis. Whilst every attempt has been made to ensure accuracy, all measurements are approximate, not to scale.
Computer generated images, floor plans and photos (CGIs) are for illustrative purposes only and may not represent the final design or finish of the property.
For further information on layouts and specifications please speak to your Lloyds Living representative. Applicants are required to show an annual salary that is 30X the monthly rent.
This condition can be fulfilled by combining the incomes of family members who will be residing together. Students must provide a guarantor whose income is 36X the monthly rent to be eligible.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: B Deposit: 1,125.00
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 advisors 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
FAQ
About 57, Lavender Way, Cramlington
Explore nearby