2-bedroom flat · NE28 7RP
No longer listedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 3061611.
Newly Renovated Two-Bedroom Flat with Private Rear Yard A beautifully newly renovated two-bedroom flat, finished to a fresh, modern standard throughout and ready for its new tenants.
Excellent transport links, within walking distance to Wallsend shopping centre and local schools.
The property has undergone extensive improvements, including new flooring, doors and carpets, freshly plastered and decorated walls, and new fixtures and fittings throughout, creating a clean and welcoming home.
The accommodation offers two well-proportioned bedrooms, comfortable living space and a particularly spacious bathroom with a huge storage cupboard, finished with stylish fittings and a bath with overhead shower.
Heated towel radiator and spotlights.
A major feature of the property is its own private rear yard which is an excellent size, providing valuable outdoor space for relaxing, entertaining or enjoying the warmer months.
The neutral decor is complemented by attractive contemporary touches, including feature panelling, modern lighting, patterned bathroom flooring and traditional-style radiators, giving the flat plenty of character while remaining easy to furnish.
Key features: Newly renovated throughout - Two bedrooms - New flooring and carpets - Newly plastered and decorated walls - New fixtures and fittings and new oven in the kitchen - Large bathroom - Private rear yard - Fresh, modern interior - Ready to move into An excellent opportunity for tenants looking for a freshly renovated, spacious two-bedroom home with the added benefit of private outdoor space.
Summary & Exclusions: - Rent Amount: £700.00 per month (£161.54 per week) - Deposit / Bond: £807.69 - 2 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 10 October 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - No Parking Available - Property has garden access - EPC Rating: E If calling, please quote reference: 3061611 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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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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 High St East, Wallsend
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