1-bedroom flat · NE37 3DX
Listing removedReduced £25 (−4.5%) on 21 JunListed 180 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet and well-maintained residential development, this one-bedroom unfurnished apartment at Waterloo Court offers comfortable and practical living, ideal for a Single occupant preferred or couple.
The property comprises a bright and spacious living area, providing a versatile space for both relaxing and dining.
Large windows allow for plenty of natural light, creating a welcoming atmosphere throughout.
The separate kitchen is well laid out with ample storage and worktop space, offering functionality for everyday use.
The bedroom is a well-proportioned double room, providing a calm and restful environment with space for freestanding furniture.
The bathroom is fitted with a modern suite, including a bath with overhead shower, wash basin, and WC.
The property is offered unfurnished, allowing tenants to personalise the space to suit their own style and needs.
Additional benefits include electric heating, double glazing, and allocated parking within the development.
Waterloo Court is conveniently located in Washington, offering easy access to local amenities, shops, and transport links.
The property is well positioned for commuting to nearby areas such as Sunderland, Newcastle, and Durham, with excellent road connections including the A1(M) and A19.
This property presents a fantastic opportunity for those seeking a well-located and low-maintenance home in a peaceful setting.
Early viewing is highly recommended to fully appreciate what this property has to offer.
Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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
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FAQ
About 14, Waterloo Court, Washington
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