1-bedroom flat · NE38 7BF
Listing removedListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Safe and Secure are delighted to welcome to the rental market this immaculate ground floor apartment situated in the stunning Grade II listed building of Dame Margaret Hall.
Secluded in the historic estate the hall benefits from extensive grounds featuring allocated parking within the gated residence and landscaped gardens.
Situated on The Avenue the ideal location provides direct access to Washington Village and the surrounding cities of Newcastle, Durham and Sunderland.
Briefly comprising of: An entrance hall, open plan kitchen/lounge, master bedroom and bathroom.
Safe and Secure are delighted to welcome to the rental market this immaculate ground floor apartment situated in the stunning Grade II listed building of Dame Margaret Hall.
Secluded in the historic estate the hall benefits from extensive grounds featuring allocated parking within the gated residence and landscaped gardens.
Situated on The Avenue the ideal location provides direct access to Washington Village and the surrounding cities of Newcastle, Durham and Sunderland.
Briefly comprising of: An entrance hall, open plan kitchen/lounge, master bedroom and bathroom. Entrance hall Built in storage cupboard and radiator.
Kitchen/lounge 19' 11" x 29' 10" (6.08m x 9.10m) Part tiled walls, fitted wall and base units, work surfaces, 1 1/2 bowl and sink unit, integrated electric oven and hob, integral fridge freezer, two bay windows, two radiators, period coving and ceiling rose.
Master bedroom 9' 3" x 12' 7" (2.83m x 3.84m) Bay window, fitted wardrobes and radiator.
Bathroom Part tiled walls, white three piece suite comprising of a panelled bath with shower over, pedestal wash hand basin, low level WC and radiator.
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.
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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 Apartment 2, Dame Margaret Hall, Washington Village
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