2-bedroom flat · NE63 9BL
Listing removedListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** TWO BEDROOMS - GROUND FLOOR FLAT - SHARED YARD TO FRONT - GAS CENTRAL HEATING - CLOSE TO LOCAL AMENITIES - IDEAL INVESTMENT - NO UPPER CHAIN - EPC GRADE E *** For Sale By Auction LIVE ONLINE AUCTION 28th MAY - OPTION 1 For sale by auction see Disclaimer 1 The Agents Property Auction have not inspected this property.
None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only.
Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts.
The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract.
No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see Disclaimer 2 Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence.
The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell.
The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee.
At your request we can refer you to a North East based Solicitor from our panel.
It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.
Disclaimer 3 A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
We are pleased to offer for sale this two-bedroom ground floor flat on Beatrice Street, Ashington, presenting an excellent opportunity for investors seeking a property with value-add potential.
Requiring modernisation, the property offers scope to increase both rental income and capital value once improved.
The location is well placed for tenant demand, with easy access to local amenities, schools, and public transport links.
The accommodation comprises: entrance hallway, spacious lounge/diner, kitchen, bathroom, and two bedrooms, providing a practical layout suited to the rental market.
Additional benefits include gas central heating, partial uPVC double glazing, and an enclosed shared yard to the rear.
With strong letting potential in a popular residential area, this property is ideal for buy-to-let investors or those looking to expand their portfolio. Early viewing is advised.
Please contact the Ashington office for further details or to arrange an inspection. Front Porch uPVC double glazed door to front. Access to bedroom one and two.
Entrance Hallway Double glazed door to front elevation. Lounge 14' 1'' x 15' 2'' (4.30m x 4.63m) Double glazed window to rear elevation, wall mounted radiator, feature log burner.
Kitchen 10' 4'' x 7' 2'' (3.16m x 2.19m) Double glazed window to rear, Modern fitted kitchen boasting a good range of high gloss wall, base and drawer units with coordinating work surfaces, free standing oven and hob unit, plumbing and space for washing machine, stainless steel sink and drainer unit, tiled splashbacks and combi boiler.
Bathroom 9' 1'' x 7' 4'' (2.76m x 2.24m) Double glazed frosted window to rear elevation, fitted with a three piece bathroom suite comprising of bath, low level W/C and pedestal wash hand basin, part tiled walls.
Inner Hallway Access to bedroom one and bedroom two. Bedroom One 13' 1'' x 11' 11'' (3.98m x 3.64m) Double glazed window to front elevation, wall mounted radiator.
Bedroom Two Double glazed window, wall mounted radiator. Rear Yard Shared rear yard. EPC Graph A full copy of the Energy Performance Certificate can be provided upon request.
Tenure We are advised by our vendor clients that the property is held Leasehold. Any interested party should ask their legal representatives to confirm this.
Value & comps
No previous sales on record.
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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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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.
Area
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FAQ
About Beatrice Street, Ashington
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