2-bedroom flat · NE66 1PH
Sold STCListed 308 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this well-presented two-bedroom apartment is located on the upper ground floor of a highly desirable McCarthy Stone Retirement Living development for the over-60s.
Ideally positioned just 200 yards from Alnwick town centre, the property provides easy access to local amenities. Moving Made Easy - Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • FREE Entitlements Advice to help you find out what benefits you may be entitled to.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties. For more information speak with our Property Consultant today.
Summary - Robert Adam Court was built by McCarthy & Stone purpose built for retirement living. The development consists of 55 one and two-bedroom retirement apartments for the over 60s.
There is a House Manager on site and a 24-hour emergency call system provided via a personal pendant alarm and with call points in the bathroom.
The apartment features a fully fitted kitchen, bathroom with bath and separate shower. The development includes a Homeowners' lounge and landscaped gardens.
There is a guest suite for visitors who wish to stay (additional charges apply). A car parking – permit scheme applies, check with the House Manager for availability.
A CAR PARKING -PERMIT SCHEME APPLIES, CHECK WITH THE HOUSE MANAGER FOR AVAILABILITY.
Robert Adam Court is situated in Alnwick set in some of the North East’s most scenic landscape and nestled between Newcastle-upon-Tyne to the South and Berwick upon-Tweed to the North.
The town’s greatest landmark is the majestic Alnwick Castle which stands proud above the river Aln.
This is the home to the Duke and Duchess of Northumberland and, after Windsor, is the second largest inhabited castle in Britain.
This foreboding medieval castle with stunning staterooms is one the of the area’s most popular visitor attractions and was also the famous Hogwarts Castle in the Harry Potter films.
Adjacent to the Castle lies the exciting Alnwick Gardens which includes the infamous poison garden, several impressive water features and many fascinating plants.
There are also many projects available here, with the Education Room offering a variety of workshops and activities for all ages.
Alnwick town centre which is less than 300 metres from the Robert Adam Court, boasts a wide array of shops from high street brands to small local boutiques.
It is a condition of purchase that all residents must meet the age requirements of 60 years.
Entrance Hall - Front door with spy hole leads to the large entrance hall - the 24-hour Tunstall emergency response pull cord system is situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard.
Illuminated light switches, smoke detector, apartment security door entry system with intercom and emergency pull cord located in the hall. Doors lead to the bedrooms, living room and bathroom.
Lounge - A focal point is the feature fireplace with fitted electric fire.
Additional benefits include TV and telephone points, two ceiling lights, fitted carpets, and raised electric power sockets for ease of use.
A partially double-glazed door leads through to the separate kitchen. Kitchen - Fully fitted kitchen with lino floor. Double glazes window with stainless steel sink with mono block lever tap.
Built-in oven, ceramic hob with extractor hood and under pelmet lighting. Bedroom One - Ceiling lights, TV and phone point. Bedroom Two - Spacious second bedroom.
Built in double mirror fronted wardrobe. Ceiling lights, TV and phone point.
Bathroom - Fully tiled and fitted with suite comprising of walk-in shower, panel enclosed bath, WC, vanity unit with sink and mirror above.
Service Charge - • House Manager • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • Window Cleaning (outside only) • 24-hour emergency call system • Upkeep of gardens and grounds • Camera door-entry system • Intruder-alarm system • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance The Service charge does not cover external costs such as your Council Tax, electricity or TV.
To find out more about the service charges please contact your Property Consultant or House Manager. The annual service charge is £3,539.88 for the financial year ending 28/02/2026.
Car Parking (Permit Scheme)Subject To Availability - This apartment comes with its own allocated parking space.
Lease Information - Lease: 125 years from 1st June 2010 Ground rent: £495 per annum Ground rent review: 1st June 2025 Managed by: McCarthy Stone Management Services It is a condition of purchase that residents must meet the age requirement of 60 years old.
Additional Information & Services - • Superfast Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 18 Robert Adam Court, Bondgate, Alnwick
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