1-bedroom flat · NE38 0HZ
Listing removedReduced £25 (−4.3%) on 5 SepListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available to rent, this 1-bedroom flat is in the convenient residential location of Lumley Close, Oxclose, close to the Galleries, Washington.
Situated for easy access to the excellent range of shops, schools, transport links, and local amenities. All measurements are approximate and intended as a guide only.
All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
2/ Fixtures and fittings other than those included in the above details are to be agreed separately.
3/ All EPCs are generated by a third party and Jill Moore Select Properties accepts no liability for their accuracy.
6/ The Floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this.
It is highly likely the plans do not show cupboards, indents, fireplaces or recesses and are not drawn to scale or with doors, staircases and windows in the correct scale or position.
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VIEWING ARRANGEMENTS: Viewings are arranged within our opening hours which are Monday to Friday 9.00am-5.00pm or Saturday 9.00am to 12pm.
Entrance Hall 2.61 x 0.85 - Entrance door, laminate flooring. Living Room 4.11 x 3.29 - 2 Double-glazed windows, door to balcony, laminate flooring, radiator.
Kitchen 2.64 x 2.06 - Double-glazed window, full range of base and wall units, electric oven, electric hob, tiled flooring, tiled splashback, space for washing machine and tall fridge/freezer, radiator.
Dining Area 3.16 x 2.69 - Arch through to kitchen, tiled flooring. Bedroom 3.67 x 3.30 - 2 Double-glazed window, laminate flooring, radiator, boiler.
Bathroom 2.19 x 1.89 - Panelled bath with glass screen, hand basin, w/c, fully tiled walls, tiled flooring, chrome ladder towel warmer, extractor.
Location Lumley Close is in Oxclose, Washington, Tyne and Wear, NE38 0HZ, within the City of Sunderland. Predominantly residential, close to Washington town centre.
The Galleries shopping centre, supermarkets and local shops are nearby. Washington Galleries Bus Station is within walking distance; Chester-le-Street railway station is a few miles away.
Several primary and secondary schools are close by. Leisure: Nearby parks, Washington Leisure Centre and Washington Wetland Centre.
Overall: Convenient residential location with good local amenities and public transport. Directions From the Galleries towards Oxclose.
Follow Biddick Lane / Oxclose in the direction of the residential area. Continue towards Lumley Close. Turn into Lumley Close and follow the road to bottom.
The journey is approximately 0.4–0.5 mile and should take around 8–10 minutes on foot, depending on the exact starting point in The Galleries.
Disclaimer A holding deposit of one weeks rent is payable upon application and all properties are subject to a bond which equates to one month's rent plus, subject to satisfactory references and credit checks.
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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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
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FAQ
About Lumley Close, Oxclose, Washington, Tyne and Wear, NE38
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