3-bedroom terraced house
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Three bedroom terraced house | recently refurbished | available now The property has been updated throughout and offers spacious, modern accommodation, making it an ideal home for families or couples.
The accommodation briefly comprises: Entrance hallway, spacious lounge, modern fitted kitchen/diner with integrated oven and hob, and a separate utility area with access to a ground floor WC.
To the first floor there are three bedrooms, two benefiting from fitted wardrobes, and a modern shower room featuring a walk-in shower, wash basin and WC.
The property benefits from gas central heating, double glazing, fresh neutral dcor and modern flooring throughout.
Externally, there is a garden to the front, providing a low-maintenance outdoor space.
Ideally located within easy reach of Ashington town center, the property is well positioned for local shops, schools, supermarkets and public transport links, including Ashington railway station.
Available to move into now. Early viewings are highly recommended. Contact Pattinson Estate Agents Ashington to arrange your viewing.
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: 917.31 Rear External The property is accessed directly from the street.
Rear Entrance Entrance porch with access to the kitchen/diner and ground floor WC. Cloaks / WC Fitted with a low-level WC and wash hand basin. Window providing natural light.
Kitchen/Diner (2.32m x 3.64m) Modern fitted kitchen with a range of wall and base units, complementary worktops, integrated oven and hob, sink with mixer tap, and space for dining furniture.
Utility Room Separate utility area with wood-effect flooring, plumbing for a washing machine and worktop space.
Lounge (4.36m x 4.24m) Spacious lounge with a front-facing window, wood-effect flooring, radiator and neutral dcor throughout.
Bedroom 1 (3.38m x 3.64m) Spacious double bedroom with fitted wardrobes, carpeted flooring, radiator and window providing natural light.
Bedroom 2 (2.91m x 4.24m) Good-sized double bedroom with fitted wardrobes, carpeted flooring, radiator and window providing natural light.
Bedroom 3 (2.42m x 2.85m) Single bedroom with carpeted flooring, radiator and window providing natural light. Ideal as a child's bedroom or home office.
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.
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FAQ
About Laburnum Terrace, Ashington
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