2-bedroom flat · NE38 0HR
Sold STCListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Residential welcome to the sales market this well-presented two-bedroom ground floor flat in Oxclose, Washington. With a modern interior and private garden, this property is sure to impress.
This beautifully maintained ground floor flat offers practical living in a sought-after area.
The property features a spacious lounge/dining room with neutral décor and French doors that lead out to a private, low-maintenance garden — a mix of patio and artificial lawn.
The kitchen is fitted with modern wood-effect units, tiled splashbacks, and integrated appliances, while the bathroom benefits from a large walk-in shower and contemporary fixtures.
There are two bedrooms, including a bright and spacious main bedroom ideal for a couple or single occupant, and a second room suitable as a child’s bedroom, office, or guest room.
A separate store room provides ample utility or storage space. The flat is accessed via an entrance hall with panel flooring and leads to all rooms in a well-thought-out layout.
With tasteful finishes throughout, this home is ideal for first-time buyers, downsizers, or buy-to-let investors.
Location Ideally situated in the popular residential area of Oxclose, this home is within close proximity to a variety of local amenities including shops, schools, and healthcare facilities.
The Galleries Shopping Centre is just a short walk away, offering a wide range of retail and dining options.
Excellent bus and road links provide easy access to Newcastle, Sunderland, and Durham, making this location perfect for commuters and families alike.
Room Measurements & Descriptions Entrance Hall – Entrance door, panel flooring, access to all rooms, and built-in storage.
Lounge/Dining Room – 7.5m x 3.2m (24'7" x 10'5") – A bright and spacious living/dining area with access to the rear garden via French doors.
Kitchen – 2.8m x 2.3m (9'2" x 7'6") – Modern fitted kitchen with integrated oven, wooden units, and views over the rear garden.
Bedroom One – 3.5m x 1.9m (11'5" x 6'2") – Generous bedroom with neutral décor and laminate flooring.
Bedroom Two - 3.30m x 1.70m (10' 10" x 5' 7") - Single bedroom with a radiator and laminate flooring.
Bathroom – 2.6m x 1.9m (8'6" x 6'2") – Contemporary walk-in shower, modern tiling, low-level WC, and vanity unit.
Store Room – 2.6m x 1.8m (8'6" x 5'10") – Versatile space, currently used as a utility/storage room.
Externally To the rear the property has a private low maintenance garden — a mix of patio and artificial lawn. EPC Rating: D
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
About Bamburgh Close, Oxclose, Washington
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