2-bedroom flat · NE23 1DY
Under offerListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary For sale is a delightful two bedroom flat situated in the sought-after residential location of Cramlington.
Formerly a three bedroom flat, this property boasts a cosy and carefully-planned layout that maximises the use of space, making it an ideal first home or investment opportunity.
As soon as you step inside, you're greeted by a welcoming reception room, offering an inviting atmosphere for relaxation or entertainment.
The property comprises two bedrooms, ample living space, and a modern shower room. The bedrooms are well proportioned with a shower room is designed with a contemporary aesthetic.
The property is located within a lovely village location while being conveniently close to shops, schools and transport links, making it an excellent choice for individuals or small families.
This flat not only offers an enviable location but also combines comfort and simplicity that is sure to impress any potential homeowner.
Please don't hesitate to get in touch if you would like to organise a viewing or require any additional information.
On behalf of Pattinson Estate Agents, we look forward to showing you around this fantastic property.
Council Tax Band: A Tenure: Leasehold Length of Lease: 988 Entrance Hallway Stairs to first floor landing. Living Room (4.54m x 3.77m) Double glazed window, central heating radiator.
Kitchen (3.11m x 1.88m) Fitted with a range of wall and base units with complementary work surfaces, sink with drainer and mixer tap, integrated electric oven with gas hob and extractor, double glazed window.
Bathroom Fitted with a low level wc, hand wash basin, shower cubicle. Double glazed frosted window central heating radiator. Plumbed for washing machine housed in cupboard.
Bedroom One (4.29m x 3.87m) Double glazed window, central heating radiator. Bedroom Two (2.79m x 2.23m) Double glazed window, central heating radiator.
Bedroom Three Open aspect to the living room, double glazed window, central heating radiator. Externally Externally there is an enclosed yard to the rear with gated access.
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 5, East View Avenue, Cramlington
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