2-bedroom flat · NE38 8NB
Listing removedListed 148 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available This smart executive apartment, located on the ground floor of this beautiful development offers great living space with modern furniture and contemporary design.
The property is situated just off the A195 and offers excellent commuter links. Conveniently located close to the Washington galleries shopping centre.
The property briefly comprises: A communal entrance with a secure intercom.
Upon entering the impressive apartment leads you directly to the cosy lounge area which is open plan to the kitchen, offering a spacious modern feel.
The open plan kitchen has smart cherrywood wall and base units with black worktops and quality appliances.
There is a fridge freezer, and washing machine along with space for the dining table and chairs.
The master bedroom is a spacious double room benefitting from a large cupboard with closet space, the second bedroom being a small double.
The spacious bright and modern bathroom comprises of a fitted white suite including panelled bath, sink & pedestal, low level W/C and fitted shower cubicle with thermostatic shower.
The property is warmed by Gas Central Heating, has communal grounds and allocated parking.
Council Tax Band: B Holding Deposit: £184.00 Superb Modern Apartment 12 Month Minimum Contract Allocated parking Two Double Bedrooms Modern Decor Throughout Open Plan Kitchen/Living Area Min term 12 months EPC rating C Council tax band B
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
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FAQ
About 7, Washington
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