2-bedroom flat · NE63 8NE
For saleListed 1417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GROUND FLOOR FLAT - TWO BEDROOMS - KITCHEN - FRONT & REAR ENTRANCES - SHARED GARDEN TO REAR - IDEAL INVESTMENT - CURENTLY TENANTED SUBJECT TO THE CURRENT ASSURED SHORTHOLD TENANCY AGREEMENT- EPC GRADE C- MUST VIEW *** Mike Rogerson Estate Agents are pleased to welcome to the market this well presented two bedroom ground floor flat situated on High Market, Ashington, close to local amenities, schools, bus & road links to neighbouring towns.
The accommodation briefly comprises communal entrance & hallway, flat entrance, lounge, two bedrooms, bathroom and kitchen. Externally to rear shared garden.
Viewings are highly recommended to appreciate the accommodation on offer. To arrange yours, please contact the Ashington office.
Communal Entrance Lounge 15' 2'' x 12' 9'' (4.63m x 3.89m) Double glazed window to front elevation, wall mounted radiator.
Kitchen 14' 10'' x 10' 2'' (4.53m x 3.09m) Fitted with a range of wall drawer and base units with coordinating work tops, integrated fridge freezer, integrated dishwasher, oven, hob with extractor hood over, sink with drainer, double glazed window and door to rear, cupboard housing boiler, tiled splashbacks, inset spotlights.
Kitchen Additional Image Hallway Wall mounted radiator Bedroom One 15' 11'' x 8' 9'' (4.86m x 2.66m) Double glazed window, wall mounted radiator, inset spotlights Bedroom Two 10' 0'' x 5' 8'' (3.06m x 1.72m) Double glazed window, wall mounted radiator.
Bathroom Fitted with a three piece suite comprising of pedestal wash hand basin, low level w/c, corner bath with shower over, part tiled walls, wall mounted radiator.
Rear Yard Enclosed shared rear yard.
EPC Graph A full copy of the energy performance certificate can be provided upon request Tenure We are advised by our vendor clients that the property is held Leasehold.
Any interested party should ask their legal representatives to confirm this.
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.
Area
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FAQ
About High Market, Ashington
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