2-bedroom flat · NE21 5AG
Sold STCListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This lovely two bedroom first floor apartment is in an ideal location in Blaydon, close to local shops and transport links.
The property comprises of spacious lounge, two bedrooms, bathroom and modern style kitchen. Externally the property benefits from an allocated parking space in a private car park.
Would suit a wide range of buyers. EPC Rating C.
Lounge 14' 2'' x 12' 10'' (4.32m x 3.90m) Kitchen 13' 11'' x 8' 6'' (4.25m x 2.60m) Fitted with a modern style range of wall and base units, integrated oven/hob.
With space for freestanding appliances. Bathroom 7' 5'' x 6' 3'' (2.26m x 1.91m) Bath with shower over, wash basin, W/C.
Bedroom 1 18' 0'' x 8' 9'' (5.48m x 2.66m) Bedroom 2 12' 6'' x 10' 3'' (3.82m x 3.13m) Max Features a built in cupboard for storage.
Externally Externally the apartment benefits from a private car park with allocated parking space.
This property is within easy reach of Blaydon shopping precinct and transport links making it ideal for a wide range of buyers.
Leasehold Information Length of original lease: 125 years Original date: April 1989 Years remaining: 88 Annual service charge (inclusive of ground rent): £90PCM Included in the service charge: Maintenance of carpark, communal areas and window cleaning.
Additional Information Council tax band A. EPC Rating C. We understand this property is leasehold.
Mobile phone coverage and broadband availability: Coal mining: The North East has a widespread coal mining heritage and many properties are built within the vicinity of historic coal mining.
We have not been made of aware of any specific issues with this property. Your conveyancer may carry out a coal mining search.
Important Note To Purchasers We have prepared these sales particulars as a general guide to give a broad description of the property.
They are not intended to constitute part of an offer or contract. The measurements are a guide to prospective buyers only and are not precise.
We have not carried out a structural survey and the services, appliances and fittings have not been tested by us. If you require any further information, please contact us.
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.
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