2-bedroom flat · NE24 2EN
To rentListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented two bedroom flat offers comfortable living with a fresh, neutral décor throughout.
The property features a spacious living area, a modern fitted kitchen with integrated oven and gas hob, plus ample countertop space and contemporary kitchen units.
The modern bathroom suite includes a bathtub with overhead shower and stylish modern flooring.
Double-glazed windows and a combi boiler gas central heating system help keep the space warm and energy efficient (EPC rating D).
Both bedrooms are well-proportioned, making this flat ideal for a range of tenants. Rent is set at £550 per month, with a damage deposit of £630.
Outside, there is convenient on-street parking available, making it easy for residents and visitors alike.
The location is well-suited for those seeking easy access to local amenities and public transport links.
With its modern finishes and practical layout, this flat is ready to move into and sure to attract a lot of interest. Early viewing is recommended.
**Please note the current tenant is in the process of moving out images may vary when viewing** Living Room (4.41m x 4.13m) Kitchen (2.57m x 2.51m) Bathroom (3.11m x 2.27m) Landing (2.68m x 2.27m) Main Bedroom (4.38m x 4.13m) Bedroom 2 (2.90m x 2.27m)
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
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FAQ
About 60 Croft Road, Blyth
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