2-bedroom flat · NE37 1EZ
Listing removedListed 100 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Parsons House, a beautifully refurbished second-floor apartment located on Parsons Road in Washington.
This charming property offers a comfortable living space of 636 square feet, making it an ideal choice for individuals or small families seeking a modern home.
The apartment features two well-proportioned bedrooms, providing ample space for relaxation and rest.
The reception room is inviting and well-presented, perfect for entertaining guests or enjoying quiet evenings at home.
The recently refurbished block ensures that you will enjoy contemporary finishes and a fresh atmosphere throughout.
One of the key benefits of this property is the convenience of parking for one vehicle, making it easy for you to come and go as you please.
The apartment is offered unfurnished, allowing you the freedom to personalise the space to your taste and style.
Situated in a desirable location, Parsons House is well-connected to local amenities and transport links, making it easy to access everything Washington has to offer.
This apartment is a fantastic opportunity for those looking to rent a stylish and comfortable home in a vibrant community. Don't miss your chance to make this lovely apartment your new home.
Communal Entrance Communal Hallway Entrance Hall Lounge/Kitchen Laundry Bedroom 1 Bedroom 2 Bathroom
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 19, Parsons House, Washington
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