3-bedroom flat · NE28 9HQ
To rentListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** EXTENDED FIRST FLOOR FLAT - THREE DOUBLE BEDROOMS - WELL PRESENTED THROUGHOUT - AVAILABLE NOVEMBER 2026 - UNFURNISHED - GARDEN TO FRONT WITH DRIVEWAY FOR OFF STREET PARKING *** Available for let from the beginning of November, on an unfurnished basis is this Well Presented Three Double Bedroom First Floor Flat on Exeter Road in Wallsend.
The property is close to all local amenities: schools, shops, medical and leisure facilities and has good transport links.
The property offers good spacious accommodation which briefly comprises: entrance with stairs to first floor, spacious lounge which is open plan into modern kitchen, modern bathroom/w.c, three double bedrooms.
Externally there is a garden to the front of the property, along with driveway providing off street parking. The property also has the benefit of double glazing and gas central heating.
EPC Rating: C Viewing is essential to appreciate the size and quality of accommodation on offer. To arrange a viewing please call the Wallsend office.
Entrance Lounge approx 16' 10'' x 13' 0'' (5.12m x 3.96m) Kitchen approx 11' 7'' x 6' 5'' (3.52m x 1.95m) Bedroom One approx 13' 1'' x 12' 11'' (3.98m x 3.94m) Bedroom Two approx 14' 1'' x 9' 3'' (4.29m x 2.82m) Bedroom Three approx 12' 7'' x 9' 3'' (3.84m x 2.83m) Bathroom/w.c approx 6' 7'' x 6' 3'' (2.00m x 1.91m) Externally EPC Rating: C A full version of the Energy Performance Certificate is available upon request.
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 Exeter Road, Wallsend
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