1-bedroom flat · NE63 0QF
Listing removedReduced £2k (−4%) on 14 OctListed 249 days
Opportunity summary
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About
Summary ***modern ground floor apartment - one bedroom - integrated kitchen - garden to rear - no upper chain - view now*** Pattinson Estate Agents welcome to the sales market this modern ground floor apartment situated on Redworth Mews in Ashington, Northumberland.
Ideally situauted for local shops and amenities and with easy access into the town centre with an array of shops, supermarkets, leisure facilities and travel links including the new train station linking directly into Newcastle city centre.
Warmed via gas central heating (combi boiler) and with Upvc double glazing throughout the property is sold with no upper chain. Early viewings are essential to avoid disappointment.
Briefly comprising; entrance hallway, open plan lounge/integrated kitchen, double bedroom with built in wardrobe, bathroom.
Externally a gated entrance to the front and to the rear an enclosed low maintenance garden with shed and rear gate for access. To arrange your viewing please contact our Ashington Team.
Council Tax Band: A Tenure: Leasehold Length of Lease: 107 Entrance Hallway Via main access door to the front, internal oak doors throughout, wood effect flooring, radiator.
Lounge (3.39m x 3.29m) Bay window with fitted vertical blinds to the front. Open plan into the kitchen area, wall mounted TV point, wood effect flooring, radiator.
Kitchen (2.65m x 2.60m) French doors opening into the rear garden.
Fitted with a range of wood effect wall, floor and drawer units with square edge worktops and matching trims, one and a half stainless steel sink and drainer with mixer tap, integrated electric oven and gas hob with extractor over, integrated fridge/freezer and dishwasher, plumbing for washing machine, wall mounted gas combi boiler, spotlights and underlighting, vinyl flooring.
Bedroom (3.99m x 2.45m) Window to rear with fitted blind, built in wardrobe, radiator.
Bathroom (2.90m x 2.66m) Fitted with a three piece white suite comprising panelled bath with chrome shower over and glass screen door, pedestal wash hand basin with chrome mixer tap and push flush w.c.
Wall mounted mirrored vanity unit, part tiled walls, radiator.
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
Agent & docs
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FAQ
About 8, Redworth Mews, Ashington
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