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See how verdicts work2-bedroom flat · NE38 0RA
Listing removedListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Riverside Residential Properties welcome to the sales market this well presented two-bedroom ground floor flat, situated in the popular area of Burtree, Lambton.
With a long lease, a garage, and no onward chain, this property is sure to appeal to a range of buyers.
Lambton is home to its own well-rated primary school, with Holly Park Primary School just a short distance away. Additional schools are located within Oxclose, one of the neighbouring villages.
Transport links are excellent for both public transport users and commuters, with the A19 and A1 both within easy reach.
This well-proportioned ground floor flat briefly comprises a spacious lounge with French doors allowing plenty of natural light, leading into a fitted open-plan kitchen with a range of wall and base units.
There are two well-sized bedrooms, both neutrally decorated, along with a functional bathroom suite.
Externally, the property benefits from a garage and well-maintained communal surroundings, making it an ideal purchase for first-time buyers, downsizers, or investors alike.
Lounge: 4.60m x 4.20m A large and spacious lounge with double-glazed French doors and a large double-glazed window, allowing an abundance of natural light to flood the room.
Finished with neutral décor and carpeted flooring, with access to the open-plan kitchen.
Kitchen: 3.40m x 2.70m A fitted kitchen comprising a range of wall and base units with complementary work surfaces, a stainless steel sink, and an integrated electric oven with gas hob and overhead extractor.
Double-glazed window and tile-effect flooring. Bedroom One: 4.00m x 3.40m A bright double bedroom with a large double-glazed window, neutral décor, radiator, and wood-effect flooring.
Bedroom Two: 3.40m x 2.50m A spacious bedroom with a large double-glazed window, neutral décor, radiator, and carpeted flooring.
Bathroom: 2.70m x 2.60m A fitted bathroom suite comprising a walk-in shower cubicle, low-level WC, and wash hand basin. Finished with tiled walls and lino flooring.
Council Tax Band: Band B (Sunderland Council) Tenure: Leasehold (959 years) peppercorn
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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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 Burtree, Lambton, Washington, NE38
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