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See how verdicts work2-bedroom flat · NE38 0HE
Sold STCReduced £1.6k (−2%) on 26 OctListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with the benefit of an extended lease, this well-proportioned ground floor flat is ideally positioned on Dilston Close in the ever-popular Oxclose area of Washington.
The property is within a short walk of Washington Galleries, local shops, amenities and highly regarded schools, making it an excellent choice for a wide range of buyers.
Internally, the flat offers well-balanced accommodation with good natural light throughout, neutral décor and practical living space.
Externally, the property sits within well-maintained communal grounds with convenient access. Early viewing is strongly recommended to appreciate both the location and accommodation on offer.
Living Room 10' 6" x 14' 5" (3.20m x 4.40m) A spacious and well-proportioned reception room, providing ample space for both living and dining furniture.
The room benefits from a large window allowing plenty of natural light and a neutral finish throughout.
Kitchen 8' 8" x 7' 8" (2.64m x 2.34m) Fitted with a range of wall and base units with complementary work surfaces, sink unit and space for appliances.
A window provides natural light, creating a practical and functional kitchen space.
Bedroom One 12' 9" x 9' 10" (3.89m x 3.00m) A generous main double bedroom with ample space for bedroom furniture and a bright outlook.
Bedroom Two 8' 9" x 10' 3" (2.66m x 3.13m) A well-sized second bedroom, ideal as a guest room, home office or child’s bedroom.
Bathroom 6' 4" x 5' 4" (1.93m x 1.63m) Fitted with a white suite comprising panelled bath with shower over, wash hand basin and WC, with tiled walls for practicality.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QWS260052/2
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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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 advisers 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 Dilston Close, Washington, Tyne and Wear, NE38
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