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See how verdicts work2-bedroom flat · NE23 2FA
No longer listedReduced £5.5k (−9.2%) on 21 JunListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A larger style, two bedroomed semi detached ground floor flat, situated on the edge of the estate with a semi open aspect to the front.
The property is equipped with gas fired combi central heating and upvc framed double glazing.
There are gardens to both and rear with a garage in a block nearby ( in need of repair ) Leasehold from 1976 Annual Ground Rent £15 Council Tax Band A EPC Rating D Chain free " All services/appliances have not and will not be tested" Entrance Lobby Upvc double glazed exterior door, built in cupboard Living Room (4.75m (15'7") x 3.58m (11'9")) Double radiator, single radiator Kitchen (2.74m (9'0") x 2.13m (7'0")) Fitted with a range of white base and wall units with laminate worktops, stainless steel sink unit, built in cooker with electric hob and oven, plumbing for washing machine, wall mounted Baxi gas combi central heating boiler Bedroom 1 (3.86m (12'8") x 3.05m (10'0")) Built in wardrobe, double radiator Bedroom 2 (3.86m (12'8") x 3.05m (10'0")) Double radiator, built in wardrobe Bathroom White coloured suite of panelled bath with Triton electric shower over, pedestal wash basin and low level wc set, double radiator, partly tiled walls Externally Gardens to front and rear ( the garden to the rear adjoining the flat ) Garage in block nearby ( end of nearest block, in need for repair ) Tenure Leasehold
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 4, Huntingdon Drive, Cramlington
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