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See how verdicts work1-bedroom flat · NE37 3EF
For saleListed 351 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Keyhole Residential are pleased to welcome to the sale market this well presented one bedroom upper floor flat situated in the popular location of Collingwood Court, Washington.
Located near to a variety of local amenities and within a short walk of Concord town centre which offers shops and services along with great bus links to and from Sunderland and Newcastle City Centre, this property boasts easy access to the A19 and A1 making it ideal for commuting across the region.
Viewing is highly advised on this property. Full Description Communal Entrance Entrance Hallway Entrance via newly installed front door leading to hallway, carpet flooring, storage area.
Lounge Double glazed window, double glazed door and window unit leading to balcony which provides outside space, radiator, carpet flooring, television point.
(Room Size: 5.2m x 3.1m) Kitchen Single glazed window, radiator, fitted wall and base units, roll top work surfaces, plumbed for washing machine, integrated electric oven and gas hob, vinyl flooring.
(Room Size: 2.9m x 2.8m) Bedroom One Double glazed window, fitted wardrobe, carpet flooring.
(Room Size: 3.4m x 2.9m) Bathroom Low level WC, pedestal wash hand basin, panelled bath with shower over, partly cladded, ceiling spot lights, vinyl flooring.
(Room Size: 2.2m x 1.8m) Communal Gardens Communal gardens with on street parking.
Leasehold Property - 960 year lease - Ground Rent £10 pa - Service Charge - £1,200 pa (approx.) Council Tax Band: A EPC Rating: D
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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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
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FAQ
About 141, Collingwood Court, Washington
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