1-bedroom bungalow · NE63 8HZ
To rentListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 Bedroom Bungalow – Hendon House, Wansbeck Road, Ashington, NE63 8HZ Independent Living for Residents Aged 55+ This well presented one bedroom bungalow offers comfortable accommodation designed for residents aged 55 and over.
Located at Hendon House, the property provides a peaceful setting with a supportive community atmosphere, while being close to Ashington’s shops, services, and transport links.
Property Features Bright and spacious living room Fitted kitchen with base and wall units One double bedroom Wet room - Level Access shower only No Bath.
Electric heating ONLY Communal outdoor areas Designed for independent living for residents aged 55+ Location Highlights Convenient for Ashington town centre and local amenities Close to public transport routes Easy access to the A189 for travel to Blyth, Morpeth, and surrounding areas Nearby healthcare facilities, supermarkets, and green spaces Suitable For Individuals aged 55 and over Those seeking a quiet, friendly community setting Anyone looking for manageable accommodation with a simple layout Weekly Rent & Service Charge - Rent - £92.54 Service Charge - £23.27 Total - £115.81 No deposit to pay only one week’s rent in advance payable prior to sign up.
An assured tenancy - a lifetime tenancy is offered, for your peace of mind and security. In some cases, a starter tenancy is given to many new housing associations tenants.
It usually lasts for a 12-month trial period. It's a type of assured shorthold tenancy.
At the end of the 12 months the tenancy converts to a lifetime assured tenancy, providing there have been no problems with anti-social behaviour or rent arrears.
Decorating packs (Dulux Decorator Centres) offered for some homes Dogs and Cats are not usually permitted in flats, apart from formal therapy animals, although in some cases where there is direct outdoor access permission can be given, dependent on the scheme
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
FAQ
About Hendon House, Wansbeck Road, Ashington, Northumberland
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