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See how verdicts work2-bedroom flat · NE63 8EQ
Listing removedListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***FIRST FLOOR FLAT - WEST END OF ASHINGTON - TWO DOUBLE BEDROOMS - SPACIOUS KITCHEN/DINER - WELL PRESENTED THROUGHOUT - COMBI BOILER - 88 YEAR LEASE - NO UPPER CHAIN - VIEW NOW*** Pattinson Estate Agents welcome to the sales market this two bedroom first floor flat situated on Green Lane in the west end of Ashington.
A great location which is ideally placed for acess to local schools, shops, amenities and travel links including the new train station linking directly into Newcastle City Centre.
Warmed via gas central heating (combi boiler) and with Upvc double glazing throughout this well presented property is sold with no upper chain and is 'turn key' ready.
An ideal purchase for a first time buyer or investor.
Briefly comprising; entrance porch with two storage cupboards, stairs to first floor, landing, large storage cupboard, inner hallway, lounge, kitchen/diner, two double bedrooms and bathroom.
As we anticipate a high level of interest, early viewings are essential.
Please contact our Ashington Team Council Tax Band: A Tenure: Leasehold Length of Lease: 88 Annual Service Charge Amount: £200.00 Entrance Porch 2.3m x 2.87m Via main access door to the front.
Two built in storage cupboards, stairs to first floor, tiled flooring.
Entrance Porch Additional First Floor Landing Storage Room 1.13m x 2.61m Hallway Wood effect flooring, radiator.
Lounge 3.78m x 3.7m Window to front, open archway into the kitchen/diner, radiator. Lounge Additional Kitchen/Diner 3.13m x 4.76m Two windows to the rear.
A modern fited kitchen with a range of white high gloss wall, floor and drawer units with black roll edge worktops and white tiled splashbacks, integrated electric oven and hob with brushed steel extractor over, stainless steel sink and drainer with mixer tap, plumbing for washing machine, housed Baxi gas combi boiler, wood effct flooring, radiator.
Kitchen Area Dining Area Bedroom One 2.56m x 4.25m Window to the front, wood effect flooring, radiator.
Bedroom Two 2.9m x 3.39m Window to the rear, wood effect flooring, radiator. Bathroom 2.29m x 2.47m Frosted window to the rear.
Fitted with a three piece white suite comprising panelled bath with electric shower over and glass screen door, pedestal wash hand basin and push flush w.c.
Built in storage cupboard, chrome heated towel rail, pvc panelled walls, tiled flooring. Bathroom Additional Front Elevation Rear Aspect
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
Agent & docs
FAQ
About Green Lane, Ashington, Northumberland, NE63 8EQ
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