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 work1-bedroom flat · NE40 3NX
Listing removedListed 522 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** attention investors **** This beautifully refurbished one-bedroom apartment located in the sought-after area of Old Ryton Village, nestled on the charming Ferndene Grove.
This delightful property offers a perfect blend of modern living and village charm.
Upon entering, you will find a reception room that provides a warm and inviting atmosphere, perfect for relaxation or entertaining guests.
The apartment features a bedroom, offering a peaceful retreat at the end of the day. The bathroom has been tastefully updated, ensuring both style and functionality.
One of the standout features of this property is its fully refurbished condition, there is a long term tenant in situ meaning you can buy your investment property and receive income immediately on completion with all compliance certificates in place, Investment return 9% Old Ryton Village is known for its picturesque surroundings and community spirit, providing a tranquil lifestyle while still being conveniently close to local amenities and transport links.
This apartment is a rare find in such a desirable area, and it is sure to attract considerable interest. Do not miss the chance to make this charming property your new investment.
Entrance Hallway Entrance door to hallway, central heating radiator, inset spotlights and meter cupboard.
Lounge Upvc windows to front and side aspects, central heating radiator, cupboard housing combi boiler.
Kitchen New fitted kitchen with wall and base units with soft closing doors and draws, laminate work surfaces, integral oven, electric hob, stainless steel chimney extractor, stainless steel sink and drainer with mixer tap, plumbed for washing machine, Upvc window to side aspect and laminate upstands.
Bedroom Upvc window to rear aspect and central heating radiator.
Shower Room Walk in glazed shower cubicle with combi fed shower and waterfall head, WC and wash hand basin set into vanity unit, heated chrome towel rail, fully laminated walls and ceiling, click vinyl flooring, Upvc window to side aspect and extractor fan.
Gardens Communal garden to rear and enclosed side garden. Internal brick storage cupboard.
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 1, Ferndene Grove, Ryton
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