2-bedroom flat · NE24 5RS
Listing removedListed 93 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Introducing a delightful 2-bedroom upper flat situated in the charming neighbourhood of Newsham, Blyth.
As you ascend the staircase, you are greeted by a well-maintained upper floor flat boasting a stunning arrangement of two spacious, light-filled bedrooms.
Each room offers ample space for comfort and functionality, while maintaining a tranquil atmosphere to unwind in.
The flat also includes a dedicated reception area; an inviting space for entertaining or relaxing after a long day.
A beautifully designed space, it encourages delightful moments of relaxation and leisure. One of the most riveting aspects of this property is its superb location.
Residing in close proximity to local amenities, you'll have quick and convenient access to shops, restaurants and various services right in the heart of Newsham.
This strategic location positively boosts the lifestyle of its inhabitants by providing an ease of day to day liveliness in the area.
This property serves as an excellent residential rental opportunity, providing a superb investment prospect. Tenants will appreciate the comfortable living arrangements and the well-connected locale.
The property offers a balance between peaceful living and the convenience of urban life. Don't miss the opportunity to visit and appreciate this intriguing property.
This might just be the perfect rental residence you've been searching for on the Blyth property market. We anticipate a lot of interest, so please get in touch to arrange a viewing.
We look forward to welcoming you to this lovely upper flat in Newsham, Blyth.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 364.62 Entrance Hallway Stairs to first floor.
Lounge (3.37m x 4.09m) Double glazed window, central heating radiator, feature fire surround with hearth, built in storage cupboard.
Kitchen (3.60m x 2.57m) Two double glazed windows, fitted wall and base units with work surfaces over, single sink and drainer with mixer tap.
Tiled splashbacks, plumbed for washing machine, central heating radiator. Bedroom One (4.15m x 3.41m) Two double glazed windows, central heating radiator, storage cupboard.
Bedroom Two (3.19m x 4.45m) Double glazed window, storage cupboard, central heating radiator.
Bathroom (2.43m x 1.44m) Low level wc, wash hand basin, panelled bath, tiled walls, double glazed frosted window. External Communal area to the front and shared area's to the rear with outhouse.
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 95, Fallow Park Avenue, Blyth
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