1-bedroom flat · DH3 2JL
Let agreedReduced £20 (−4%) on 28 AugListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Penshaw View. This property is a lovely one-bedroom, one-bathroom studio flat in Penshaw View, Birtley, DH3. Keep reading to find out what makes this property unique!
Non-Allocated Private Off Street Parking: Enjoy the convenience of off-street parking, ensuring easy access and peace of mind for your vehicle.
Gas Bill Included: Experience the added convenience of an inclusive gas bill, making budgeting simpler and ensuring you remain warm in the winter months.
Convenient Location: The property is situated in a convenient location with quick access to the A1 and with ample amenities local to the property making daily life easier.
The studio comprises of a spacious living room/bedroom, as well as a functional modern kitchen with built-in appliances including an electric oven and hob freestanding fridge freezer and a washing machine.
The kitchen also features ample cabinetry. You also have a bathroom complete with a walking shower enclosure and a chrome towel rail.
Externally you have a lawn and non-allocated private driveway to the front of the property as well as a large, enclosed communal garden to the rear of the house with both grass and patio, providing plenty of space for outdoor activities.
This house is located near many local amenities such as transport links, shops, takeaways, and is only an 8 minute drive to Team Valley Retail World.
Penshaw View is conveniently located close to a range of local amenities, with easy access to nearby towns including Washington, Houghton-le-Spring, and Sunderland, offering a wider range of retail, dining, and leisure options.
Early viewing is highly recommended. This property is available with flatfair's No Deposit solution, so you won't have to pay a traditional deposit.
Instead, you would pay a small check-in fee equal to 28% of a month's rent (+VAT) - significantly less than a five week deposit.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damages that might occur. Council Tax Band: A (Gateshead Council) Holding Deposit: £114.23
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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