2-bedroom flat · NE28 7RZ
For saleListed 1 day
Opportunity summary
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About
CHAIN FREE • NEWLY FITTED KITCHEN AND SHOWER ROOM • READY TO MOVE INTO • RECENTLY PAINTED THROUGHOUT • GROUND FLOOR FLAT • TWO DOUBLE BEDROOMS • PRIVATE REAR YARD AND GARAGE • CLOSE TO LOCAL AMENITIES, SCHOOLS AND TRANSPORT LINKS COUNCIL TAX BAND A • ENERGY RATING D • LEASEHOLD 999 YEARS FROM 20 December 1983 Entrance - Composite door into inner lobby Hallway - 4.00 max x 0.99 max (13'1" max x 3'2" max) - Laminate flooring, radiator, cupboard and access to Lounge, Bedroom 1 and Bedroom 2 Lounge - 4.39 x 3.84 (14'4" x 12'7" ) - Fitted cupboards to each side of chimney breast wall, high gloss laminate flooring, radiator, doubek glazed window and access to kitchen.
Kitchen - 2.76 x 2.02 (9'0" x 6'7" ) - Double glazed window and UPVC door giving access to rear yard.
Newley fitted kitchen with range of wall and floor units with complimentary work surfaces, gas hob with overhead extractor hood, electric oven, sink unit and space for fridge.
Shower Room - 2.57 max 2.33 max (8'5" max 7'7" max ) - Newly fitted shower room with large shower cubicle, WC, wash hand basin, cupboard which houses boiler and plumbed for washing machine, ladder stykle radiator, two double glazed windows, tile effect cladding to walls, laminte flooring and recessed lighting.
Bedroom 1 - 4.40 max x 4.14 + bay (14'5" max x 13'6" + bay - Double glazed bay window, radiator, cornice to ceiling, and carpet.
Bedroom 2 - 3.80 max x 3.32 max (12'5" max x 10'10" max ) - Double glzed window, radiator, laminate flooring and coving to ceiling.
External - To the rear there is a private yard with decked area, artificial turf and access to garage. Garage - Garage has power and lighting.
Can also be accessed via rear lane to allow for off street parking. Leasehold - Leasehold 999 years from 20 December 1983. No ground rent payable.
This information must be confirmed via your legal respresentative.
Material Information - BROADBAND AND MOBILE: At the time of marketing we believe this information is correct, for further information please visit Various factors can affect coverage, such as being close to large trees or buildings when outdoors, or the thickness of walls if you’re inside a building.
This means there may be differences between the coverage prediction and your experience.
EE-Good outdoor and in-home O2-Good outdoor Three - Good outdoor and in-home Vodafone - Good outdoor If you’re struggling to make phone calls indoors, consider using Wi-Fi calling, where your mobile phone uses a broadba We recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
FLOOD RISK: Yearly chance of flooding: Surface water: Very low. Rivers and the sea: Very low. CONSTRUCTION: Traditional This information must be confirmed via your surveyor and legal representative.
Value & comps
No previous sales on record.
Returns
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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
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