3-bedroom house · NE63 9HQ
Listing removedListed 85 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***three bedrooms - terrace house - recently modernised throughout - immaculate presentation*** We are pleased to introduce this delightful three-bedroom terraced house nestled in the appealing town of Ashington.
This residential rental property offers the perfect blend of comfortable living and convenience. Recently renovated to a high standard terraced house is located on Alexandra Road in Ashington.
A popular location close to local primary and secondary schools, shops, supermarkets and travel links including the newly opened train station.
The property benefits from double glazing, GCH and briefly comprises: Entrance with stairs to first floor, lounge, dining room, fully fitted kitchen, downstairs bathroom and three bedrooms to the first floor.
The front has an enclosed walled town garden with artificial lawn for low maintenance and a yard to the rear.
An early viewing is highly recommended to truly appreciate what this property has to offer. Book a viewing today and take the first step towards finding your new home.
EPC: C Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: A Deposit: 775.00 Entrance Via double glazed door -Stairs to first floor Living Room (3.16m x 3.54m) 2 x double glazed windows to front -Radiator -Double doors to dining room -Storage cupboard Dining Room (4.17m x 4.10m) Double glazed window to rear -Radiator Kitchen (1.75m x 4.63m) Double glazed window & door -Fitted wall & base units with work tops -Integrated electric oven & hob with extractor hood -Plumbed for washing machine -Stainless steel sink & drainer unit -Cupboard housing combi boiler Bathroom Double glazed window -Panelled bath with screen and mains shower over -Low level wc -Vanity wash hand basin -Radiator Bedroom 1 (4.17m x 3.66m) Double glazed window -Radiator Bedroom 2 (1.97m x 4.17m) Double glazed window -Radiator Bedroom 3 (2.06m x 3.22m) Double glazed window -Radiator Rear Yard Enclosed with gated access
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
Agent & docs
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FAQ
About 13, Alexandra Road, Ashington
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