1-bedroom property · NE38 0DE
For saleListed 645 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to welcome to the market this semi-detached property located on the sought after Cormorant Close, Washington.
The property briefly comprises a spacious lounge and a feature spiral staircase. The kitchen comes with integrated hob and oven, washing machine and fridge/freezer.
To the first floor is a large double bedroom, storage space. The bathroom comes with a three piece suite with a shower over the bath, pedestal wash hand basin.
The property also benefits from a combi boiler. Externally there is a front and large side garden.
Located in a quiet and family-friendly neighbourhood, the property benefits from nearby local amenities, reputable schools, and excellent transport links, ensuring convenience alongside the potential for growth.
With vision and creativity, this house could be transformed into a stunning family home or a lucrative investment. This property is not to be missed!
To view this property please call the Washington branch Council Tax Band: A Tenure: Freehold
Value & comps
No previous sales on record.
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 asking
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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 9, Cormorant Close, Washington
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