1-bedroom flat · NE33 4JS
Listing removedListed 128 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this newly renovated 1-bedroom ground floor flat. Located in Ravensworth Terrace and is finished to a high standard.
The flat features a brand-new sleek navy kitchen with wooden worktops, open-plan with the living area, creating a modern and spacious feel.
The property has brand-new grey carpets throughout and freshly skimmed white-painted walls, offering a clean, contemporary look.
The living room comes with an electric fire, adding a cosy touch to the space.
The newly fitted bathroom includes a white WC and wash hand basin, a white bath with a modern shower over, and stylish tiles throughout.
To the outside, there is a private yard, providing a small outdoor space.
The flat is ideally located close to local amenities, schools, and is just a short distance from the metro station, making it perfect for easy commuting.
This property is a great choice for anyone looking for a modern, well-located home. Don’t miss out-contact us today to arrange a viewing!
The property has the added benefit of an energy efficient heat pump Briefly comprises: Hallway, Bedroom, Kitchen, Living Room, Bathroom and Private Yard Entrance Hall Living Room (3.21-4.41 (10'6"-14'5")) The living room has been newly refurbished, featuring brand-new grey carpets, white-painted walls, and a new electric fire.
Kitchen (3.43-1.98 (11'3"-6'5")) The kitchen features a brand-new navy design with wooden-effect worktops, complemented by grey wooden-effect lino flooring and white-painted walls, creating a sleek and modern look.
Bedroom (3.32-4.44 (10'10"-14'6")) The bedroom is a good size, with brand-new grey carpets, white-painted walls, and a bright bay window.
Bathroom (1.6-2.5 (5'2"-8'2")) The brand-new bathroom features a modern white wash hand basin, white WC, a white bath with a shower over, a towel radiator, and grey wooden-effect lino flooring.
External Private yard with double gates
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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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.
Area
Agent & docs
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FAQ
About 61, Ravensworth Terrace, South Shields
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