2-bedroom flat · NE32 5PJ
Let agreedListed 90 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two Bedroom Unfurnished First Floor Flat in Jarrow!!!! Two Bedroom Unfurnished First Floor Flat situated on Wellesley Street, Jarrow, in this popular and well-established residential location.
Benefitting from Upvc double glazing and gas central heating.
The accommodation comprises an entrance lobby with stairs leading to the first-floor landing, which provides access via a pull-down ladder to a boarded loft offering useful additional storage.
The spacious lounge through diner provides an excellent living and entertaining space, while the fitted kitchen includes an integrated fridge, freezer, gas hob, electric oven and dishwasher, together with plumbing for an automatic washing machine.
There are two well-proportioned bedrooms and a recently refitted modern bathroom featuring a bath, separate shower cubicle, low-level WC and wash hand basin.
Externally, the property benefits from a block-paved rear yard providing valuable off-street parking, accessed via a roller garage door, together with external water and electricity supplies.
The property occupies a convenient position just off Field Terrace, within easy walking distance of Jarrow town centre, where residents can enjoy a wide range of local amenities including supermarkets, independent shops, cafés, healthcare facilities and leisure services.
Jarrow Metro Station and excellent local bus routes provide regular services to Newcastle, South Shields, Sunderland and surrounding areas, making this an excellent choice for commuters.
ENTRANCE LOBBY With stairs up to first floor. FIRST FLOOR LANDING Window to the side, radiator and access to boarded loft via a pull down ladder.
L SHAPED LOUNGE/DINER 7.92m (26'0) max x 4.11m (13'6) max Feature fireplace, two windows to the rear, two radiators.
KITCHEN 3.43m (11'3) x 2.34m (7'8) Wall and base units, gas oven and hob with cooker hood above.
Stainless steel sink unit, plumbed for automatic washing machine, integrated fridge/freezer and integrated dishwasher. Access to the rear. BEDROOM ONE 3.73m (12'3) x 4.62m (15'2) into bay.
BEDROOM TWO 2.79m (9'2) x 2.36m (7'9) BATHROOM 2.11m (6'11) x 2.24m (7'4) max Recently refitted bathroom with bath and separate shower. Low level w.c., and wash hand basin.
Tiling to walls and two Upvc windows. REAR YARD Yard to the rear with off street parking, roller garage door, water and electric supply.
The Agent Of The North Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs.
Sales, Conveyancing, Lettings, Property Management, Surveys and Valuations.
Call now on Affordability In order to rent one of our properties, you will need to demonstrate that you can afford the rental payments.
The test that we apply is normally that you must have a total monthly income amounting to 2.5 times the monthly rent or a total annual income of 30 times the monthly rent.
For example, if the rent is £1,000 PCM, then you will need a monthly income of £2,500 or an annual income of £30,000.
You should also advise us if you have any adverse credit history, as this could affect the results of the referencing checks carried out on all prospective tenants.
Application To proceed to rent one of our properties, you will have to complete our simple online application forms and upload some ID information.
You will then receive a Holding Deposit Agreement and pay a Holding Deposit of one weeks' rent within our online portal.
The holding deposit will be used as part of the first rent payment upon signing the tenancy agreement.
The Holding Deposit Agreement will give you details of the circumstances that could lead to your holding deposit becoming non-refundable, as per the terms of the Tenant Fees Act 2019.
Material Information Whilst every care has been taken to prepare these particulars, they are for guidance purposes only.
All measurements are approximate and are for general guidance purposes and they should not be relied upon. Potential tenants are advised to recheck the measurements.
Broadband & Mobile Coverage The Ofcom website states the average broadband download speed of 15 Mbps and a maximum download speed of 1800 Mbps at this postcode: NE32 5PJ and mobile coverage is provided by EE, Three, O2, Vodafone.
The checker results are predictions and should not be regarded as guaranteed. Council Tax The GOV.UK website states the property is Council Tax Band: A EPC Rating: D
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.
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.
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FAQ
About Wellesley Street, Jarrow
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