2-bedroom terraced house · NE38 0EQ
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with NO ONWARD CHAIN, this generously proportioned two-bedroom first floor apartment is pleasantly positioned within the quiet and established Wigeon Close development in the popular Ayton area of Washington.
Providing approximately 667 sq ft (62 sq m) of accommodation, the property offers an excellent opportunity for a buyer looking for a home they can update and personalise to their own taste.
The accommodation includes a particularly spacious lounge/dining room, separate kitchen, two bedrooms and bathroom.
A particularly appealing feature is the property's first-floor position with external terrace/balcony access, while the surrounding development benefits from mature greenery and an established residential setting.
The Area Ayton remains a popular residential area of Washington, particularly convenient for access to local amenities and surrounding employment centres.
The property is well placed for road connections including the A1(M) and A194(M), making it a practical base for commuting towards Newcastle, Durham, Sunderland and throughout the wider North East.
Washington's Galleries Shopping Centre is also within easy reach, along with a range of supermarkets, leisure facilities and local services.
The development itself enjoys a quieter residential setting with established green areas surrounding the properties.
Accommodation Lounge / Dining Room 3.30m x 5.66m (10'10" x 18'7") A particularly generous main reception room providing ample space for both lounge and dining furniture, with windows providing natural light.
Kitchen 2.00m x 3.26m (6'7" x 10'8") Separate kitchen fitted with a range of wall and base units, work surfaces, sink unit and space for appliances.
Master Bedroom 5.40m x 2.00m (17'9" x 6'7") A generously proportioned principal bedroom with plenty of scope for bedroom furniture and storage.
Bedroom Two 3.35m x 1.67m (11'0" x 5'6") A second bedroom which could also work particularly well as a home office or study.
Bathroom 2.00m x 2.30m (6'7" x 7'7") maximum Fitted with a bath, pedestal wash hand basin and WC. Total Floor Area Approximately 62.0 sq metres (667.4 sq feet).
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QCT260370/2
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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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
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FAQ
About Wigeon Close, Washington, Tyne and Wear, NE38
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