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See how verdicts work2-bedroom flat · NE63 8PE
Listing removedListed 385 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extensively modernised and thoroughly refurbished two bedroom first floor flat occupying a pleasant position within the popular Norfolk Close in Ashington.
The light and spacious accommodation should appeal to a variety of buyers, including first-time and down-sizers.
It includes two designated parking spaces, two outhouses and an enclosed low maintenance garden.
The location is highly accessible to local amenities, schools and transport links and within a short drive of neighbouring countryside and coastlines.
It is also ideally situated for nearby Morpeth and the A1.
The property enjoys a pleasant outlook and also benefits from double glazing throughout, a modern gas combi-boiler and has been recently re-wired.
This is an immaculate property and viewings are highly recommended - there is no forward chain.
Entrance Hallway Double glazed entrance door into the hallway with cloaks area and stairs to the first floor landing. Double central heating radiator.
Landing Laddered loft access to boarded attic (with power and light).
Living Room - 14'11" x 14'2" (4.41m x 4.35m) Electric convector fire, Double glazed window, Single central heating radiator, TV aerial point.
Breakfast Kitchen - 12'1" x 8'11" (3.52m x 3m) Contemporary wall and floor units with worksurfaces over and incorporating a stainless steel sink unit with drainer and mixer tap.
Integrated oven and 4-ring hob with extractor hood over. Integrated microwave and dish washer. Plumbed for washing machine. Space for fridge freezer.
Double glazed window, Double central heating radiator. Bedroom One - 12'5" x 11'7" (3.40m x 3.32m) Double glazed window, Single central heating radiator. TV aerial point.
Built in wardrobes with mirror fronted doors. Bedroom Two - 10'4" x 9'1" (4.04m x 3m) Double glazed window, Single central heating radiator, TV aerial point.
Bathroom - 7'9" x 5'5" (1.80m x 1.65m) Corner shower cubicle, Wash hand basin with vanity unit, WC, Double glazed window, Heated towel rail, Wall mounted mirror-fronted cupboard, Extractor fan.
Externally Enclosed paved low-maintenance garden area. Two brick outhouses. Two designated off-street car parking spaces in front of the property. Services Mains gas, electricity, water and drainage.
Council tax band A EPC C Rating. Tenure Leasehold - 88 years remaining.
Disclaimer These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract.
Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves.
We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About 24 Norfolk Close, Northumberland NE63 8PE
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