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See how verdicts work2-bedroom flat · NE23 2FA
Listing removedListed 335 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Updated and beautifully presented by its current owner this first floor flat is a must view.
Located in Cramlington with excellent transport links and amenities close by it makes a perfect first time buyer home. The property has lounge/diner, kitchen, two double bedrooms and updated bathroom.
Externally it offers open views to the front a private rear garden and a garage in the block to the rear. Early viewing is advised to avoid disappointment. Entrance UPVC entrance door.
Entrance Hallway Stairs to first floor landing, double glazed window to side.
Lounge 15.84ft x 12.73ft (4.82m x 3.88m) Double glazed window to front, double radiator, built in storage cupboard, television point, coving to ceiling.
Kitchen 8.71ft x 6.79ft (2.65m x 2.06m) Double glazed window to rear, single radiator, fitted with a range of wall, floor drawer units with co-ordinating roll edge work surfaces, co-ordinating sink unit and drainer with mixer tap, tiled splash backs, built in electric fan assisted oven, electric hob with extractor fan above, space for fridge/freezer, plumbed for washing machine, laminate flooring.
Bedroom One 12.51ft x 9.84ft (3.81m x 2.99m) Double glazed window to front, single radiator, television point.
Bedroom Two 9.91ft x 9.34ft (3.02m x 2.84m) Double glazed window to rear, fitted wardrobes and drawers, built in cupboard.
Bathroom/wc 7.04ft x 6.40ft (2.14m x 1.95m) Four piece white suite comprising of; panelled bath with mains shower over, wash hand basin (set in vanity unit), low level wc, spotlights, double glazed window to rear, double radiator, part tiling to walls, extractor fan.
External Private rear garden laid mainly to lawn, flower beds, bushes and shrubs. Garage Garage in separate block, up and over door, new roof.
PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre To Premises Mobile Signal Coverage Blackspot: No Parking: Garage in separate block & on street parking MINING The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. TENURE Leasehold. It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 100 years from 20.08.2013 Ground Rent: £612.00 per annum. Service Charge: N/a Any Other Charges/Obligations: N/a COUNCIL TAX BAND: A EPC RATING: C
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Huntingdon Drive, Cramlington
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