1-bedroom flat · NE25 0BL
Listing removedListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Excellent investment opportunity to purchase this first floor flat in Kearsley Close, offered for sale to cash buyers due to short lease of 34 years.
Briefly comprising: Entrance lobby, Lounge with UPVC door opening to balcony area, Kitchen with wall and floor units incorporating electric hob and oven and stainless steel sink unit, Double bedroom, Bathroom with White suite of panelled bath with electric shower over, wash hand basin and low level WC.
Also benefits from UPVC double glazing and some electric wall heaters. Externally there is a garage in a block and communal garden area.
Entrance Lobby Lounge (3.35m 0.30m x 2.79m (11' 1 x 9'2)) Kitchen (1.57m x 2.36m (5'2 x 7'9)) Bedroom 1 (3.56m x 2.26m (11'8 x 7'5)) Bathroom/Wc (1.85m x 1.65m (6'1 x 5'5)) Externally Garage Disclaimer ML Estates Ltd endeavour to maintain accurate descriptions of properties in Virtual Tours, Brochures, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
All rooms have been measured with electronic laser and are approximate measurements only.
None of the services to the above property have been tested by ourselves, and we cannot guarantee that the installations described in the details are in perfect working order.
ML Estates for themselves, the vendors or lessors, produce these brochures in good faith and are a guideline only.
They do not constitute any part of a contract and are correct to the best of our knowledge at the time of going to press.
Pictures may appear distorted due to enlargement and are not to be used to give an accurate reflection of size. All negotiations and payments are subject to contract.
The Tenure of the property should be clarified by your legal representative prior to exchange of contracts.
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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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 42, Kearsley Close, Whitley Bay
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