2-bedroom house · NE63 9JQ
Listing removedReduced £26 (−4.2%) on 28 JulListed 107 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2788792. A well-presented and newly decorated two-bedroom end-terrace property, ideally located in Ashington.
The property has been well maintained throughout and benefits from a new damp-proof course, making it a clean, tidy, and comfortable home.
Property Features: Two bedrooms Spacious lounge Modern kitchen with breakfast bar Family bathroom with shower Enclosed rear yard Off-street parking to the front of the property Newly decorated throughout New damp-proof course Well maintained and ready to move into This property would suit tenants looking for a long-term home who can demonstrate a strong rental history.
Tenant Criteria: Previous rental history in Ashington preferred. No unexplained gaps in tenancy history. Proof of rent payments to your current landlord for the last 12 months.
A homeowner working guarantor maybe required. Move-in Costs: Bond and first month's rent payable in advance, totalling £1,250 to secure the property.
A holding deposit of £144.23 (equivalent to one week's rent) is required to reserve the property.
This amount will be deducted from the total move-in costs upon successful completion of the referencing process. Viewings are available by appointment.
Please get in touch with details of your current circumstances and rental history if you wish to arrange a viewing.
Summary & Exclusions: - Rent Amount: £625.00 per month (£144.23 per week) - Deposit / Bond: £625.00 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 13 July 2026 - Maximum number of tenants is 4 - No Students - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: D If calling, please quote reference: 2788792 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
Property Reference two million seven hundred and eighty-eight thousand seven hundred and ninety-two
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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About Castle Terrace, Ashington
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