1-bedroom flat · NE38 9EW
Listing removedReduced £50 (−9.1%) on 2 JulListed 154 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Residential properties welcome to the sales market this well presented one bedroom first floor flat located in the popular area of Alwin, Rickleton.
This one bedroom upper floor flat is located in Rickleton and offers a good level of public transport and local amenities.
The property comprises; Secure communal entrance with intercom system, double glazing, entrance hallway, lounge, fitted kitchen which is open plan to the lounge, spacious bedroom and a family bathroom with corner three piece suite.
Rickleton Village is on the outskirts of Washington and offers a good range of local amenities, transport links and commuter routes being a short drive away to major road networks including the A1 and A19.
Council Tax Band: BAND A (Sunderland Council) Holding Deposit: £125
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
FAQ
About Alwin, Rickleton, Washington, NE38
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