2-bedroom flat · NE24 4NE
Listing removedListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptional opportunity to purchase this beautifully refurbished two-bedroom ground floor flat, finished to a high standard throughout and offered for sale with no upper chain.
This stunning home offers spacious and well-designed accommodation, comprising a welcoming entrance hallway, a bright and generous lounge/dining room, and a stylish contemporary fitted kitchen.
There are two well-proportioned bedrooms, with the impressive principal bedroom benefiting from a dedicated dressing area, providing both practicality and a touch of luxury.
A beautifully appointed family bathroom completes the accommodation. Externally, the property enjoys access to a shared rear yard, offering useful outdoor space.
Ideally situated close to a range of local shops, well-regarded schools, and regular bus routes, the property also benefits from excellent transport links, including the nearby new train station, making it an excellent choice for commuters.
Early viewing is highly recommended to fully appreciate the quality, space, and superb location this exceptional home has to offer.
Property description: Entrance: UPVC Entrance Door entrance hallway: Single radiator and storage cupboard.
Lounge: (front): Max measurements include recess 13’34 x 13’21 Double glazed window to rear and double radiator.
Kitchen: (rear): Fitted with a range of wall, floor and drawer units with coordinating work surfaces, stainless steel sink with drainer and mixer tap.
Double glazed window to side, plumbed area for washing machine, space for cooker and fridge freezer, and tiling to floor.
Family bathroom: Three-piece suite comprising paneled bath with shower over, low level wc, wash hand basin, heated towel rail, and tiling to floor.
Bedroom one 12’71 x 8’94 Min measurements exclude recess Double glazed window to the front and radiator and walk in wardrobe area.
Bedroom two 10’03 x 7’33 Double glazed window to the rear and radiator. External Shared yard to the rear with outbuilding.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: None Mobile Signal Coverage Blackspot: No Parking: On Street Parking Mining The Northeast region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Building works Any known planning permissions or proposals in the immediate locality: No Outstanding building works at the property: No Tenure Leasehold.
It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 999 years from 9th August 1985 Any Other Charges/Obligations: Buildings Insurance £197.28 per year Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. Council tax band: A EPC rating: D
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 454, Plessey Road, Blyth
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