3-bedroom terraced house · NE63 9JH
To rentListed 42 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
First Months Rent Free Middleton Estates and Lettings are delighted to bring to the rental market his beautiful three-bedroom home situated on Castle Terrace, Ashington.
Castle Terrace is a popular residential street within walking distance of Ashington town centre, close to local amenities, parks, and schools.
Excellent transport links to Morpeth, Bedlington, and Newcastle via the A189 and nearby bus services.
The property has been finished to a high standard; fitted with herringbone flooring in both bathroom and kitchen, brand new kitchen with a range of integrated appliances, garage with electricity and waste, brand new bathroom with thermostatic shower and towel rail with cottage style doors throughout.
Briefly comprising the ground floor; Entrance Hallway, Front Reception Room, Rear Reception Room, Kitchen, Utility, Family Bathroom; First Floor Landing With Loft access And Storage Cupboard, A Single Double Bedroom, A Double Bedroom And A Final King Size Bedroom.
Externally, To The Front Enclosed Garden And To The Rear An Enclosed Rear Yard; Which Is Ideal For Parking.
The property benefits from uPVC double glazing and gas central heating, via combi boiler, throughout.
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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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 Castle Terrace, Ashington, Northumberland, NE63
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