2-bedroom flat · NE28 6JH
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Dilston Grange, Wallsend, NE28 A well-proportioned two-bedroom apartment situated within Dilston Grange, offering a modern open-plan layout, two bedrooms and the added benefit of a walk-in wardrobe.
The apartment is entered into a central hallway which provides access to each of the principal rooms.
At the heart of the property is the spacious open-plan kitchen and living area, creating a sociable and practical space for both relaxing and dining.
The kitchen is fitted with a range of wall and base units, providing cupboard and drawer storage together with useful worktop preparation space.
There is a fitted sink and drainer, cooking facilities and space for additional appliances.
The living area provides plenty of room for a sofa arrangement as well as space for a dining table if required.
French-style doors with a Juliet balcony provide natural light and give the room a more open feel.
A previous listing at Dilston Grange describes the same combination of open-plan fitted kitchen/living accommodation and Juliet balcony.
There are two bedrooms, with the principal bedroom offering comfortable space for bedroom furniture.
A particularly useful feature of the apartment is the separate walk-in wardrobe, providing excellent dedicated storage away from the main bedroom.
The second bedroom provides further flexibility and could be used as a guest bedroom, child's room or home office depending on the buyer's requirements.
The bathroom is fitted with a panelled bath with shower over, WC and wash hand basin, providing a practical three-piece suite. Overall, the apartment extends to approximately 605 sq.
Ft., with the open-plan living space and separate walk-in wardrobe making particularly good use of the accommodation.
Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 75, Dilston Grange, Tyne and Wear
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