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See how verdicts work2-bedroom flat · NE28 7RY
For saleListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hive Estates are delighted to present to the market this well presented two bedroom lower Tyneside flat, situated on Westmorland Street in Wallsend.
Offering spacious and versatile accommodation throughout, the property would make an excellent choice for first time buyers, couples or investors.
The living room is a bright and welcoming space, featuring neutral decor, grey carpets and plenty of room for both living and dining furniture.
A useful storage cupboard provides additional practicality.
The kitchen is fitted with wood effect cabinets, grey worktops and matching grey wood effect laminate flooring, alongside an integrated oven and hob and space for freestanding appliances.
A door provides direct access to the rear yard.
Both bedrooms offer good proportions, with the generous master bedroom benefiting from large windows that fill the room with natural light, neutral decor, grey carpets and plenty of space for storage.
The second bedroom provides a versatile additional space, ideal as a bedroom, home office, dressing room or nursery.
The bathroom is fitted with a shower over bath, wash basin and WC, complemented by white tiled walls and grey wood effect laminate flooring.
Externally, the property benefits from a shared rear yard, providing a useful outdoor space for entertaining, relaxing or additional storage.
Westmorland Street is well placed for access to local amenities, bus and Metro routes, schools including Wallsend Church of England Primary School, and a range of nearby green spaces, making this a convenient location for a variety of buyers.
Lounge (5.30 x 3.40 (17'4" x 11'1")) Kitchen/Diner (3.30 x 3.35 (10'9" x 10'11")) Bedroom 1 (4.45 x 3.85 (14'7" x 12'7")) Bedroom 2 (3.55 x 2.52 (11'7" x 8'3")) Bathroom (4.45 x 2.50 (14'7" x 8'2"))
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 25, Westmorland Street, Wallsend
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