2-bedroom terraced house · NE63 9FA
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***modern terraced house - two double bedrooms - very well presented - ground floor cloaks - kitchen/diner - garden - available now*** Pattinson Estate Agents welcome to the rental market this two bedroom terraced house situated on Hindmarsh Drive in the Barley Rise development in Ashington, Northumberland.
A great location close to Wansbeck hospital and within easy reach of the town centre with an array of shops, supermarkets, leisure facilities and travel links.
Well presented throughout with gas central heating (combi boiler) and Upvc double glazing. Early viewings are essential to avoid disappointment.
Briefly comprising; entrance hallway, ground floor w.c, lounge and kitchen/diner. To the first floor two double bedrooms and bathroom. Externally open plan lawns with pathway to the front.
To the rear an enclosed garden with patio area.
To arrange your viewing please contact our Ashington Team on or email Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor. Council Tax Band: A Deposit: 775.00 Entrance Hallway Via main access door to front, stairs to first floor, radiator.
Cloakroom Frosted window to front, wash hand basin, w.c, radiator. Lounge (4.15m x 3.40m) Window to front, double doors opening into kitchen/diner, radiator.
Kitchen/Diner (4.34m x 2.62m) Window to rear and french doors opening into the rear garden.
Fitted with a range of wood effect wall, floor and drawer units with black roll edge worktops and tiled splashbacks, sink and drainer with mixer tap, integrated electric oven and hob with extractor over, wall mounted Baxi combi boiler, plumbing for washing machine, understair storage cupboard, radiator.
Bedroom One (4.38m x 3.61m) Two windows to front, built in storage cupboard, radiator. Bedroom Two (3.20m x 2.37m) Window to rear, built in storage cupboard, radiator.
Bathroom (1.93m x 1.69m) Frosted window to rear. Fitted with a three piece white suite comprising panelled bath with shower over, wash hand basin and w.c. Part tiled walls, radiator.
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.
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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 85, Hindmarsh Drive, Ashington
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