3-bedroom house · NE63 9FP
Listing removedListed 125 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary We are pleased to offer to the rental market this three bedroom semi-detached new build home situated on the Barley Rise Estate, Ashington.
Ideally situated close to Ashington town centre with all its amenities, Wansbeck Hospital and bus and road links throughout the North East.
The family accommodation briefly comprises Entrance Hallway, Lounge, Dining Room, Kitchen, First Floor Landing, Master Bedroom with En Suite, Two Further Bedrooms and Family Bathroom.
Externally, there is a driveway and garage to the front of the property and to the rear there is an enclosed, large garden.
We recommend you take the first step to falling in love with this property by contacting us today to arrange a viewing. Available from 21/08/2025.
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: 875.00 Length of Tenancy: 6 Entrance Lobby/Hallway - Spacious - Carpeted - Radiator - Leading to Lounge & Upstairs Downstairs WC (1.96m x 0.87m) - Spacious - Radiator - Low Level W/C - Wash Basin - Double Glazed Window Lounge (4.47m x 3.80m) - Spacious - Carpeted - Radiators - Double Glazed Windows - Radiators - TV, Sky Point & Telephone Point - Double Doors Leading to Dining Room.
Dining Room (2.46m x 3.46m) - Spacious - Carpeted - Storage Cupboard - Door Leading to Kitchen - French Patio Doors Leading to the Garden Kitchen (3.23m x 2.23m) - Spacious - Double Glazed Window - Fitted Wall Units & Base Units - Plumbed for Dishwasher and Washing Machine - Stainless Steel Single Drainer and Sink Unit - Integral Gas Oven and Hob - Central Heating Boiler - Radiator Bedroom One (3.81m x 3.12m) - Spacious - Carpeted - Double Glazed Window - Radiator - En-Suite En-Suite (1.55m x 1.25m) - Spacious - Low Level W/C - Wash Basin - Shower Cubicle Bedroom Two (3.09m x 2.33m) - Carpeted - Radiator - TV/Sky Points - Double Glazed Patio Doors with Juliet Balcony Bedroom Three (2.35m x 2.02m) - Carpeted - Radiator - Double Glazed Window - Storage Cupboard Bathroom (2.2m x 1.6m) - Three Piece Bathroom Suite - Low Level WC - Paneled Bath - Double Glazed Window - Radiator
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
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FAQ
About 4, Howard Walk, Ashington
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