1-bedroom flat · NE20 9GY
Listing removedListed 204 days
Opportunity summary
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About
Description Henderson Court was built by McCarthy & Stone purpose built as retirement living with assisted living. The development comprises of one and two-bedroom apartments for the over 70s.
There is an Estates Manager on site and a 24-hour emergency call system provided via a personal pendant alarm and call points to bathroom.
This unique development provides the opportunity to continue living an active life. A homeowners' lounge is available whenever you feel like a chat or need that all important company.
The lounge is also available to invite friends and family over for a special celebration.
This One bedroom second floor apartment is accessed via lifts and comes fully fitted with everything you would need in a modern well presented home.
Open every day, the service restaurant serves tasty and nutritious lunches for our homeowners and their friends and family, all at very reasonable prices.
For a special occasion or celebration, you're also welcome to book our function room for any special events.
Henderson Court also benefits from beautifully maintained landscaped gardens to sit and soak in the fresh air and sunshine.
A guest suite is provided for visitors who can stay on site when visiting relatives at an additional charge.
Cleaning of communal windows * Water rates for communal areas and apartments * Electricity, heating, lighting and power to communal areas * 24-hour emergency call system * Upkeep of gardens and grounds * 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 service charges please contact your Property Consultant or House Manager.
Service charge £8,354.64 per annum (for financial year end 31st March 2024) car parking (permit scheme) Parking is by allocated space subject to availability.
The fee is usually £250 per annum, but may vary by development. Permits are available on a first come, first served basis. Please check with the House Manager on site for availability.
Lease information Lease Length: 125 years from 2011 Ground rent: £435 Ground rent review: Jun 2026 Council Tax Band: D (Northumberland County Council) Tenure: Leasehold (121 years) Ground Rent: £435 per year Service Charge: £8,354.64 per year Entrance Hallway 2.42m x 2.22m Accessed via beautiful inlaid timber door into entrance hallway with central light fitting, neutral decor and power points.
Assisted intercom and door entry, doors leading to all accommodation, large storage cupboard. Carpets lead throughout the property offering additional comfort under foot.
Lounge / Diner Large and spacious proportions make this an enjoyable room to sit and dine. With feature fire surround and inset electric fire resin style hearth. Carpets and neutral decor to walls.
2 light fittings to ceiling, warmed by floor mounted electric heater. Double glazed window overlooking communal gardens..
Kitchen 2.28m x 2.45m This beautiful modern kitchen has a good range of beech wood grain effect wall and base units. Electric oven set into vertical half height housing, 4 ring electric hob.
Intergrated 60/40 fridge freezer. Single sink and drainer with chrome mixer tap. Double glazed window with electronic remote opener. Spot light track to ceiling.
Tiling to work surface areas and fully tiled floor.
Bedroom 1 6.25m narrowing to 3.06m x 1.97m Generous room with newly fitted plush carpet, fitted sliding mirrored wardrobes, neutral decor to walls, central light fitting, double glazed windows with two openers overlooking gardens and grounds warmed via electric wall mounted heater, emergency pull cord.
Bathroom 2.59m n to 1.59m x 2.62m This very spacious bathroom comprises wc, sink set into vanity unit, bath with chrome mixer taps, fully tiled walls, wall mounted heater, recessed spotlights to ceiling, walk-in shower with chrome thermostatic shower and riser bar with wet room style floor area, two times emergency pull cords, heated, chrome towel rail, electrically fed.
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 52 Henderson Court, North Road, Newcastle upon Tyne
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