1-bedroom flat · NE38 7SU
Listing removedListed 108 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom studio apartment ideally located in central Washington is now available for those looking for an initial twelve month tenancy.
The accommodation briefly comprises: communal hallway, shower room, double bedroom and a further kitchen / living room area. The apartment includes intercom access and off-street residential parking.
The area provides a range of amenities including shops, schools, boutique coffee shops, restaurants and pubs as it is situated a thirty second walk from The Galleries shopping centre.
Washington is centrally located for commuting and has excellent access to both the A1(M) and the A19.
A holding fee of 1 weeks' rent is payable upon application and all properties are subject to a bond which is the value of a month's rent.
Please visit our website for full details on the application process.
Entrance Hall This flat is located on the ground floor of the development, accessed via the communal hallways with FOB entry.
Kitchen/Lounge 5.02 x 3.35 - A range of wooden wall and floor units with contrasting worksurfaces, splashback tiling, electric heater, three glazed windows, half carpet/half laminate flooring.
Bedroom 2.86 x 2.72 - Double bedroom; electric heater, carpet flooring. Shower Room 2.67 x 1.66 - Wash hand basin with splashback tiling, low level WC, shower cubicle, vinyl flooring.
Council Tax Band A. EPC Band B.
Agent Notes Due to no electricity at the time, the bedroom and shower room photos are from a different flat and are for show only - they are similar but not identical.
Bond Disclaimer A holding fee of 1 weeks' rent is payable upon application and all properties are subject to a bond which is the value of a month's rent.
Please visit our website for full details on the application process. Property Disclaimer All measurements are approximate and intended as a guide only.
All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
2/ Fixtures and fittings other than those included in the above details are to be agreed separately.
3/ All EPCs are generated by a third party and Jill Moore Select Properties accepts no liability for their accuracy.
6/ The Floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this.
It is highly likely the plans do not show cupboards, indents, fireplaces or recesses and are not drawn to scale or with doors, staircases and windows in the correct scale or position.
Applicants must satisfy themselves of any size or shape before committing to any expense. Terms of Website Use Information provided on our website is for general information only.
It may not be wholly accurate, complete or up-to-date and should not be relied upon. (truncated)
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

FAQ
About Glendale House, Washington, Tyne and Wear, NE38
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