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See how verdicts work2-bedroom flat · NE28 9JH
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** FIRST FLOOR FLAT – TWO DOUBLE BEDROOMS - IDEAL FIRST TIME BUY - WELL PRESENTED THROUGHOUT - RECENTLY REFURBSIHED KITCHEN WITH INTEGRATED APPLIANCES - MODERN BATHROOM - SOUGHT AFTER LOCATION - DRIVEWAY FOR OFF STREET PARKING - SUBSTANTIAL GARDEN TO FRONT AND SHARED GARDEN TO REAR *** Offered to the sales market, is this Two Bedroom First Floor Flat situated on Kings Road North in Wallsend.
The property is close to all local amenities including schools, shops, good access to all major road and bus links and within walking distance to the Rising Sun Country Park.The property has been refurbished by the current vendors and offers well presented accommodation which would make an ideal first time buy.
The spacious accommodation briefly comprises: entrance with stairs leading to first floor landing, lounge with double doors leading into the recently refurbished 16ft breakfasting kitchen which has the benefit of a range of integrated appliances, modern bathroom/w.c and two double bedrooms (both with fitted wardrobes).
Externally the property has a substantial garden to the front, laid mainly to lawn along with a driveway providing off street parking, there is also the benefit of a shared garden to the rear.
The property also benefits from double glazing and gas central heating. EPC Rating: TBC Viewing is highly recommended to fully appreciate the size, location and presentation of the property on offer.
To arrange a viewing please contact our Wallsend Office. Entrance With composite entrance door, stairs leading to first floor landing.
First Floor Landing With double glazed window to side, central heating radiator, access into loft space which is boarded with ladder and light.
Lounge approx 13' 2'' at widest x 11' 3'' at widest (4.01m x 3.43m) Spacious lounge with double glazed window to rear, electric fire, coving to ceiling, picture rail, storage cupboard housing Logic combi boiler, power points, double doors leading into kitchen.
Lounge additional image Kitchen approx 16' 7'' x 8' 2'' at widest (5.05m x 2.49m) Recently refurbished with a good range of fitted floor, wall and drawer units with work surfaces, stainless steel sink and drainer unit, a good range of integrated appliances to include fridge/freezer, washing machine, electric oven and electric hob with black extractor hood over, power points, vertical radiator, three double glazed windows to side, door to stairs leading down to rear, door leading into bathroom.
Kitchen additional image Kitchen additional image Bathroom/w.c approx 8' 0'' x 6' 4'' (2.44m x 1.93m) Fitted with a modern white, three piece suite comprising bath with shower over and shower screen, wash hand basin set into vanity unit, low level w.c, heated towel rail, double glazed windows to rear and side, infinity mirror, pvc panelled walls, pvc panelled ceiling with spotlights.
Bathroom additional image Bedroom One approx 15' 4'' x 8' 5'' (4.67m x 2.56m) Situated at the front of the property with double glazed bay window, central heating radiator, laminated flooring, power points, coving to ceiling, picture rail, a range of fitted wardrobes giving good storage and hanging space.
Bedroom One additional image Bedroom Two approx 9' 9'' x 7' 4'' (2.97m x 2.23m) Situated at the front of the property with double glazed window, central heating radiator, power points, fitted wardrobes with sliding doors giving good storage and hanging space.
Bedroom Two additional image Externally Externally the property has a substantial garden to the front, laid mainly to lawn along with a driveway providing off street parking, there is also the benefit of a shared garden to the rear.
Front Elevation EPC Rating: TBC A full version of the Energy Performance Certificate is available upon request.
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 Kings Road North, Wallsend
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