3-bedroom flat · NE66 1PH
For saleListed 14 days
Opportunity summary
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About
This is a rare opportunity to purchase a three-bedroom apartment within Robert Adam Court in Alnwick.
The development is a perfect position for access to the local shops and amenities in the town centre.
The development is specifically for people aged over 60, and residents can take advantage of the communal areas and comfort of having a secure entry system into the main building.
This spacious second floor apartment has an entrance hall with doors to the bathroom, bedrooms, and open plan living room.
The lounge features an attractive large bay of windows incorporating a Juliet balcony, and is open to the kitchen area.
All three bedrooms can accommodate double beds, although the master bedroom also has an ensuite shower room. Heating is via electric radiators and the windows are all UPVC double- glazed.
Residents of Robert Adam Court benefit from the use of a number of communal areas including a lounge, laundry, refuse area, kitchen, outdoor patio areas and a guest bedroom (subject to booking with site management).
An on site Manager is available for residence assistance. Whilst the property does not come with an allocated parking bay, these are available under separate arrangement with the site Manager.
Hall Night storage heater, storage cupboard, walk-in storage cupboard also housing the central heating boiler, and doors to bathroom, bedrooms and lounge.
Lounge 17'6 x 11'5 (5.33m x 3.48m) Double glazed French window with Juliet Balcony.
A bespoke fitted media unit incorporating a range of display shelving and storage cupboards with a central recess designed to accommodate a wall-mounted television.
Electric fire, night storage heater, door to hall and open to kitchen.
Kitchen 8'4 x 8'2 (2.54m x 2.48m) Fitted wall and base units incorporating stainless steel sink, electric oven, electric hob with extractor hood over, integrated fridge/freezer, part tiled walls and tiled floor.
Bedroom one 14'9 plus door recess x 10'8 (4.50m plus door recess x 3.25m) Double glazed window and Juliet balcony, electric storage heater, sliding mirror door fitted wardrobes, and door to ensuite.
Ensuite Shower enclosure with mains shower, tiled walls, tiled floor, wash hand basin set in a vanity unit, W.C., vanity light, wall mounted electric fan heater, electric heated towel rail.
Bedroom two 12'2 x 9'4 (3.71m x 2.84m) Double glazed window and electric wall heater. Bedroom three 8'2” x 14’7” (2.48m x 4.45m) Double glazed window to front, and electric wall heater.
Bathroom Bath with mains shower over and glass screen, W.C., wash hand basin in vanity unit, tiled floor, tiled walls, vanity light and electric towel rail. Tenure Leasehold.
It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 125 years from 27 May 2010 Ground Rent: £247.50 every 6 months Service Charge: £311.57 per month Any Other Charges: Buildings Insurance included within the service charge.
Please note: We have been advised that 1% of the sale price is payable by the seller to McCarthy & Stone when selling on the property.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Night storage Broadband: None Mobile Signal Coverage Blackspot: No Parking: Permit can be purchased Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Agents note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Accessibility This property has accessibility adaptations: • Suitable for wheelchair users • Lift Access • Ramped Access EPC Rating: C Council Tax Band: D
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.
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About 51 Robert Adam Court, Bondgate Without, Alnwick
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