We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE28 9UW
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• STUNNING TWO BEDROOM FIRST FLOOR FLAT • SUPERBLY PRESENTED & READY TO MOVE INTO • • MODERN KITCHEN & BATHROOM • SPACIOUS LOUNGE • LOW MAINTENANCE GARDEN TO REAR • • ROAD LINKS TO THE A1058 COAST ROAD & SILVERLINK RETAIL PARK • GARAGE IN NEARBY BLOCK • • FANTASTIC FIRST TIME BUY • HIGHLY POPULAR LOCATION • 999 YEAR LEASE FROM 1973 • • COUNCIL TAX BAND A • ENERGY RATING C • Entrance - Entrance door, stairs to the first floor accommodation.
Landing - Double glazed window, part panelled walls, access to all rooms. Lounge - 4.96 x 3.73 - Double glazed window, radiator.
Kitchen - 3.00 x 2.69 - Fitted with a modern range of wall and base units with contrasting work surfaces over and sink unit, integrated oven and hob with extractor hood over, double glazed window, radiator.
Bedroom 1 - 3.99 x 3.20 - Double glazed window, radiator and storage cupboard. Bedroom 2 - 2.73 x 2.58 - Double glazed window, radiator.
Bathroom - 2.23 x 1.72 - Bath, WC and wash hand basin with built-under storage, part panelled walls, double glazed window.
External - Externally there is a garden to the rear which has artificial grass for low maintenance.
Garage - There is a single garage which is situated in a nearby block Lease - The property has a 999 year lease dated from 01/06/1973. Ground rent is £20 per year.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit EE-Good outdoor and in-home O2-Good outdoor, variable in-home Three-UK-Good outdoor, variable in-home Vodafone_Good outdoor and in-home We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
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
FAQ
About Ashburn Road, Hadrian Park
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