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See how verdicts work2-bedroom flat · NE28 7SB
Sold STCListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** IDEAL FIRST TIME PURCHASE ** TWO DOUBLE BEDROOMS ** NEW CARPETS ** ** PRIVATE REAR YARD ** REAR PARKING ACCESS ** PEPPERCORN LEASE 999 YEARS FROM 06.02.2004* ** WITHIN WALKING DISTANCE TO RICHARDSON DEES PARK AND CLOSE TO "THE GREEN" ** ** CLOSE TO LOCAL AMENITIES, GOOD TRANSPORT LINKS AND SCHOOLS ** ** NO GROUND RENT PAYABLE ** COUNCIL TAX BAND A ** ENERGY RATING C ** Entrance Hallway - Composite entrance door into the lobby, door into the hallway, under stair storage cupboard, radiator, wood effect laminate flooring, access to the bedrooms and living room.
Living Room - 4.46m x 3.77m - Double glazed window to the rear elevation, radiator, access to the kitchen.
Kitchen - 3.16m x 2.07m - Double glazed window to the side elevation, part tiled walls, fitted with a range of wall and floor units, counter surfaces, sink unit, built in gas hob, electric oven, extractor hood, door to the rear yard, access to the inner lobby leading to the bathroom.
Bedroom One - 4.11m x 4.07m - Double glazed window to the front elevation, radiator, ceiling rose. Bedroom Two - 3.42m x 2.37m - Double glazed window to the rear elevation, radiator.
Inner Lobby - 1.07m x 1.53m - Access to the bathroom.
Boiler Bathroom - 1.91m x 1.47m - Double glazed window to the side elevation, part tiled walls, fitted with a three piece suite comprising: WC, wash hand basin, bath with overhead shower.
External - There is a good sized private yard to the rear with parking access for up to two vehicles.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE- Good outdoor and in-home O2- Good outdoor Three- Good outdoor, variable in-home Vodafone - Good outdoor We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Leasehold - Peppercorn 999 year Lease from 6 February 2004 - No Ground Rent payable. This information must be confirmed with your conveyancer.
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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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.
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About Cumberland Street, Wallsend
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