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See how verdicts work3-bedroom flat · NE28 6SJ
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** SOLD & SIMILAR REQUIRED PLEASE CALL FOR FREE VALUATION - FIRST FLOOR FLAT - THREE BEDROOMS - NO UPPER CHAIN - WELL PRESENTED THROUGHOUT - SPACIOUS ACCOMMODATION - IDEAL FIRST TIME BUY/INVESTMENT *** We are delighted to welcome to the sales market, with no upper chain, this Three Bedroom First Floor Flat situated on Gladstone Street in Willington Quay, Wallsend.
This property is close to all local amenities, schools, shops, industrial, medical and leisure facilities with good access to all major road, bus and links.
The property is well presented throughout, having recently been decorated and carpeted by the current vendor and would make an ideal first time buy/investment.
Offering spacious accommodation which briefly comprises: entrance with stairs leading to first floor landing, spacious lounge, recently refurbished kitchen, utility area, three good sized bedrooms and modern bathroom/w.c.
Externally there is a small yard to the rear of the property with access into the rear lane. The property also benefits from double glazing and gas central heating.
EPC Rating: D Viewing is highly recommended to appreciate the accommodation on offer. To arrange a viewing please contact the Wallsend office.
Entrance With double glazed entrance door, stairs leading to first floor. First Floor Landing With central heating radiator, power point.
Lounge approx 15' 0'' at widest x 14' 1'' (4.57m x 4.29m) Spacious lounge with double glazed window to rear, telephone point, coving to ceiling, ceiling rose, power points, central heating radiator, storage cupboard, door leading into kitchen.
Kitchen approx 8' 1'' x 7' 8'' (2.46m x 2.34m) Recently refurbished with a good range of fitted floor, wall and drawer units with work surfaces, stainless steel sink and drainer unit, built in electric oven and electric hob with stainless steel extractor hood over, part tiled walls, tiled floor, coving to ceiling, power points, double glazed window to side, open into utility area, door to stairs leading down to rear yard.
Kitchen additional image Utility Area approx 8' 1'' x 3' 5'' (2.46m x 1.04m) With fitted floor unit and work surfaces that match kitchen, plumbing for washing machine, tiled floor, part tiled walls, Alpha boiler, coving to ceiling, power points, door leading into bathroom.
Bathroom/w.c approx 7' 11'' x 5' 6'' (2.41m x 1.68m) A modern white three piece bathroom suite comprising panelled bath with shower over and shower screen, wash hand basin set into vanity units, low level w.c, coving to ceiling, double glazed window to side, heated towel rail, pvc panelled walls and ceiling.
Bathroom/w.c additional image Bedroom One approx 14' 1'' at widest x 14' 0'' (4.29m x 4.26m) Situated at the front of the property with double glazed window, central heating radiator, coving to ceiling, power points.
Bedroom One additional image Bedroom Two approx 11' 1'' x 8' 7'' (3.38m x 2.61m) Situated at the rear of the property with double glazed window, central heating radiator, power points, access into loft space.
Bedroom Three approx 9' 0'' x 8' 6'' (2.74m x 2.59m) Situated at the front of the property with double glazed window, central heating radiator.
Externally There is a small yard to the rear of the property giving 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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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.
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