2-bedroom flat · NE22 5QX
Listing removedListed 308 days
Opportunity summary
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About
A spacious first floor flat located on the popular Allgood Terrace, Bedlington. The property is offered with NO FURTHER CHAIN INVOLVED and benefits from a good sized Southerly aspect rear garden.
As well as a generous sized living room there are two double bedrooms and decent sized kitchen, rear lobby and bathroom.
The home comes with double glazing and gas central heating via a combination boiler.
We feel the property may suit a range of buyers: a first-time buyer, buy-to-let investor or someone looking for a down-size purchase.
Allgood Terrace remains a popular street due to its ease of access into the town centre, local schools and good bus and road links.
The A189 Spine Road is within reach and the soon to arrive South East Northumberland rail link will offer speedy access into Newcastle City Centre.
Council Tax Band: A Tenure: Leasehold Length of Lease: 958 Entrance The only entrance to the flat is located at the rear of the building.
A private entrance door and staircase lead to the spacious first floor landing. Off the landing there is a generous sized living room. Loft access.
Living Room 4.34m x 4.56m A good-sized room situated to the rear providing onward into the kitchen. A feature fire place with electric fire is the main focal point of the room.
There are two decent sized bedrooms, both located on this room. In addition there is a double glazed window, central heating radiator and storage.
Kitchen 2.35m x 3.11m The kitchen is also a good size and provides access into the rear lobby and bathroom.
Fitted with a range of wall and base units with work surfaces and stainless steel sink unit with taps and drainer board. Space and plumbing for washing machine, space for fridge/freezer and cooker.
Double glazed window to the side elevation. Another Kitchen Image Rear Lobby Double glazed window to the side elevation, access into the bathroom.
Bathroom Fitted with a white three piece suite comprising: low level WC, wash hand basin and bath with shower over. Tiling to walls, central heating radiator, double glazed window.
Bedroom One 3.4m x 4.17m A good sized double room situated to the front with a double glazed window and central heating radiator.
Bedroom Two 1.8m x 4.17m Another respectable sized room also situated to the front with a double glazed window and a central heating radiator.
Outside The property comes with a generous sized private rear garden which boasts a Southerly aspect. In addition there is a shared yard. Floor Plan
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs

FAQ
About Allgood Terrace, Bedlington, Northumberland, NE22 5QX
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