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See how verdicts work1-bedroom flat · NE28 7DE
Listing removedListed 402 days
Opportunity summary
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About
*** SOLD & SIMILAR REQUIRED PLEASE CALL FOR FREE VALUATION - SPACIOUS GROUND FLOOR FLAT - ONE BEDROOM - SOME PERIOD FEATURES - IDEAL FIRST TIME BUY/INVESTMENT - SHARED YARD TO REAR *** We welcome to the market this One Bedroom Ground Floor Flat which is situated on Shakespeare Street, Wallsend.
The property is close to all local amenities, schools, shops, industrial, medical and leisure facilities with good access to all major road and bus links.
The property would make an ideal first time buy/investment offering spacious accommodation which briefly comprises; entrance hall, lounge, kitchen, bedroom and bathroom/w.c.
Externally there is a shared garden to the front of the property and a shared yard to the rear of the property. The property benefits from gas central heating and double glazing.
EPC Rating: D An internal inspection is highly recommended to fully appreciate the property on offer. Please contact the Wallsend Office to make arrangements to view.
Entrance Hall With double glazed entrance door, understairs storage cupboard, laminated flooring, coving to ceiling, doors leading into lounge and bedroom.
Lounge approx 17' 9'' at widest x 13' 7'' (5.41m x 4.14m) Spacious lounge with double glazed window to rear, central heating radiator, feature fireplace, telephone point, t.v aerial point, power points, coving to ceiling, ceiling rose, laminated flooring, storage cupboard, double glazed door leading into shared rear yard, door leading into kitchen.
Lounge additional image Kitchen Approx 14' 1'' x 8' 0'' at widest (4.29m x 2.44m) Fitted with a range of floor and drawer units with work surfaces, stainless steel circular sink and drainer unit, cooker point with extractor hood over, space for washing machine, power points, feature brick wall, part pvc panelled walls, laminated flooring, spotlights to ceiling, two double glazed windows to side, wall mounted I-mini boiler, door leading into bathroom.
Kitchen additional image Kitchen additional image Bathroom/w.c approx 8' 1'' x 6' 1'' (2.46m x 1.85m) Fitted with a white three piece suite comprising panelled bath with shower over and shower screen, wash hand basin set into vanity unit, low level w.c, double glazed window to side, central heating radiator, extractor fan, pvc panelled ceiling with spotlights, pvc panelled walls.
Bathroom/w.c additional image Bedroom One approx 14' 1'' x 10' 8'' (4.29m x 3.25m) Situated at the front of the property with double glazed window, central heating radiator, telephone point, coving to ceiling, ceiling rose, power points.
Bedroom One additional image Externally Externally there is a shared garden to the front of the property and a shared yard to the rear of the property with gated access into the rear lane.
EPC Rating: D A full version of the Energy Performance Certificate is available upon request.
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.
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FAQ
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