1-bedroom flat · NE38 8EJ
Listing removedListed 59 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one bedroom ground floor flat offering a bright lounge with French doors giving access to the rear garden. One Double sized bedroom with built in storage.
Kitchen with cooking facilities, fridge & freezer. Bathroom with over bath electric shower. Large walk in storage cupboard. Easy Maintained private garden with decked area. Off road communal parking.
Easy access to major road networks and shopping.
Council Tax Band: A Holding Deposit: £120 Lounge Bright spacious lounge with French doors opening directly into the fully enclosed private garden. Newly decorated with modern laminate flooring.
Kitchen Kitchen with a range of wall and base cabinets, built in cooking facilities, under counter fridge and freezer and breakfast bar area.
Bathroom Modern bathroom with over bath electric shower, vanity basin unit and white WC.
Bedroom 1 Double sized bedroom with French doors opening directly into the fully enclosed private gardens.
Decorated in neutral tones with carpet flooring and built in storage Hall Hallway offers a large walk in storage cupboard. Decorated in neutral tones with carpet flooring.
Garden Fully enclosed private garden with decking and easy maintained patio area.
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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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 Stockley Road, Barmston, Washington, Tyne and Wear, NE38
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