1-bedroom flat · NE46 1QD
Listing removedListed 114 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GROUND FLOOR FLAT ON THE TOWN CENTRE DOOR STEP! An immaculately presented one bedroom flat with off road parking.
Tenants will love how close to the town centre shops, restaurants and places of work the property is and yet the location is secluded.
The property has had a new kitchen & bathroom fitted recently and new flooring throughout during an extensive make over last year.
The property it's self consists of, a large double bedroom with built in wardrobes and an original feature fireplace. Good sized bathroom with a separate bath and double shower cubicle.
Spacious living room with a beautiful original inglenook fireplace that tenants who like older properties with a bit of character will love.
A recently fitted kitchen/diner with a good range of cupboards together with an electric oven & hob. Dining area has French doors leading onto the sheltered enclosed rear yard.
The property has double glazing throughout, off road parking for one car and gas central heating throughout.
We're still seeing a shortage of all kinds of rental properties at the moment so don't waste any time if you're interested call us on today to arrange a viewing.
Holding deposit- £155.00 Council tax band- A EPC rating: C.
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 Diamond Square, Hexham, NE46
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