3-bedroom flat · NE70 7EP
For saleListed 236 days
Opportunity summary
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About
FOR SALE VIA ONLINE AUCTION: terms and conditions apply.
Link to bid: auction.bradleyhall.co.uk/lot/details/171846 A superb coastal apartment set within a stunning Grade II Listed property with breathtaking views, positioned close to Bamburgh and overlooking the ever-changing waters of Budle Bay.
Occupying the third floor of an attractive former mill, this impressive home was thoughtfully converted in 2003 and finished to an excellent standard throughout.
The apartment benefits from lift access and offers bright, well-proportioned accommodation including three double bedrooms, two bathrooms and a spacious open-plan living, kitchen and dining area designed to make the most of the spectacular coastal outlook.
Residents enjoy allocated parking, additional visitor spaces and access to well-maintained communal gardens, all set against the backdrop of uninterrupted sea views across the bay.
The historic village of Bamburgh, famed for Bamburgh Castle, its award-winning beach and popular eateries, is just a short drive away.
The harbour village of Seahouses and the iconic Holy Island are also easily accessible.
Equally suited as a main residence, a lock-up-and-leave holiday home or an investment purchase for long- or short-term letting, this is a rare opportunity to secure a beautifully presented apartment in a highly desirable coastal setting.
Ground Floor: Secure communal entrance with entry system, shared hallway and storage room.
Third Floor: Communal landing leading to private hallway, open-plan kitchen/living/dining room, principal bedroom with en-suite, two further double bedrooms and a family bathroom.
Externally: Allocated parking, visitor parking, landscaped communal grounds and bin store.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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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