2-bedroom flat · NE28 6RU
Listing removedListed 497 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity has arisen to acquire this beautifully presented, two-bedroom first floor flat situated on James Terrace Wallsend, this property benefits from luxuriously tall ceilings, an excellent feature seen throughout.
It is located just a stone’s throw from Wallsend where you will find a wealth of shops and amenities.
Excellent schooling options for all age groups are easily accessible, and the property benefits from excellent transport links, including the nearby metro and bus interchange.
Upon entering, an inviting entrance hallway greets us, granting access to the spacious living room, two bedrooms, and a well-appointed bathroom.
The living area boasts a remarkable expanse, providing ample room for various furniture arrangements.
Complementing this generous space, a beautiful large window bathes the room in an abundance of natural light, fostering a delightful and airy ambiance.
Leading from the living room we find a well-designed kitchen adorned with a variety of wall and base units, ensuring plentiful storage capacity.
The kitchen is thoughtfully equipped with integrated appliances, such as an electric oven and a gas hob. Additionally there is also room for a family dining table and other desired furnishings.
Both of the generously proportioned bedrooms offer ample space to comfortably accommodate a double bed.
The main bedroom presents an additional highlight with its charming bow window, allowing an abundance of natural light to fill the room, creating a bright and inviting atmosphere.
With its generous size, the main bedroom provides abundant space to arrange desired furnishings Adjacent to the bedrooms, we find the neutral tone bathroom.
The bathroom is equipped with an over bath shower, and clean finish. Externally, the property on offer benefits from a welcoming back garden
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 21, James Terrace, Wallsend
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