3-bedroom flat · NE31 2XG
Listing removedReduced £45 (−6.5%) on 15 SepListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented three-bedroom first-floor flat situated on Red House Road, conveniently situated close to a range of local amenities and excellent transport links.
The property features a modern fitted kitchen, complete with oven and hob, along with a contemporary bathroom fitted with a modern white suite.
Throughout the remainder of the property, the accommodation has been neutrally decorated, creating a bright and versatile living space that would suit a range of tenants.
An ideal opportunity for those seeking a spacious and conveniently located three-bedroom home.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HEB220197/2 Entrance Hall stairs off First Floor Landing Living Room 4.27m x 3.58m (14' 0" x 11' 9") double radiator, double glazed window, storage cupboard Kitchen fitted wall and floor units with contrasting work surface, one and a half bowl stainless steel sink unit and single drainer, integrated electric oven and hob, plumbed for automatic washing machine, space for under bench fridge, two x double glazed windows, double radiator, vinyl floor covering Bedroom 1 4.1m x 3.56m (13' 5" x 11' 8") double radiator, double glazed window Bedroom 2 3.07m x 2.62m (10' 1" x 8' 7") single radiator, double glazed window Bedroom 3 2.62m x 2.97m (8' 7" x 9' 9") single radiator, double glazed window, loft hatch Bathroom white low level wc, pedestal hand wash basin, panelled bath with electric shower over, single radiator, double glazed window, vinyl floor covering Yard small enclosed rear yard, brick outbuilding EPC Rating D Council Tax Band Band A
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
Agent & docs
FAQ
About Red House Road, Hebburn, Tyne and Wear, NE31
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