2-bedroom flat · NE41 8JA
For saleListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wylam Grange is an exclusive development of apartments which has been created from the extension and conversion of a former mansion house.
The development has electric security gates, followed by an impressive tree lined driveway that takes you up to the property.
There is ample private and designated parking, together with further additional visitors parking.
Set in large mature grounds, this two double bedroom apartment is situated on the first floor and can be accessed by either a staircase or a lift.
The apartment itself is beautifully appointed and well-decorated throughout, having been professionally redecorated in recent times.
Externally there is a designated private parking space with additional visitors parking and mature communal gardens.
The accommodation enjoys gas fired central heating, together with double glazing and offers very secure living and is therefore ideal for single people, couples, as well as retirement purposes.
We strongly recommend an internal inspection in order to fully appreciate what is on offer. BRIEFLY COMPRISING; GROUND FLOOR COMMUNAL ENTRANCE HALL Staircase and lift up to first floor.
FIRST FLOOR COMMUNAL LANDING Door to No. 10. PRIVATE HALL Solid front door. Built-in cloaks cupboards. Leading to: INNER HALL Leading to Bedrooms.
KITCHEN AREA 9'7" x 12'10" (2.92m x 3.9m) A quality fitted kitchen with wall and floor cabinets in high gloss finish with worktops over incorporating a single sink unit with mixer tap over.
Four ceramic hob with extractor hood above, built-in microwave and separate single ovens. Fully integrated quality washer dryer, fridge and freezer, dishwasher, all with matching fascias.
Open plan to: LIVING/DINING ROOM 21'8" x 10'8" (6.6m x 3.25m) (maximum measurement) A light and airy room with three large windows and oak effect flooring, all with fitted blinds, and a pleasant outlook.
DOUBLE BEDROOM TWO 10'5" x 9'9" (3.18m x 2.97m) With matching flooring.
BATHROOM Double ended panelled bath, separate shower cubicle, wash hand basin with cupboards under, low level WC, large heated towel rail, fully tiled walls and ceramic tiled flooring.
DOUBLE BEDROOM ONE 15'3" x 12' (4.65m x 3.66m) With windows to two aspects, oak effect flooring.
EN-SUITE SHOWER ROOM Shower cubicle, wash hand basin with cupboard under, low level WC, large heated towel rail, fully tiled walls and ceramic tiled flooring.
EXTERNALLY DESIGNATED PARKING SPACE With additional visitors parking spaces. COMMUNAL GARDENS Extensive mature gardens with mature trees, bushes, shrubs and lawned areas.
SERVICES Mains electricity, mains water, mains drainage and mains gas are connected. Gas central heating to radiators also supplying the domestic hot water.
TENURE: We understand that the property is leasehold. 999 years from the 18th of October 2016. There is a ground rent of £1 per annum. NOTES All fitted window blinds are included in the sale.
There is an annual service charge of £1,320 per annum, currently reduced to £826 whilst the relevant contractors are waiting to be appointed for general continued maintenance.
This is to cover the buildings insurance, communal maintenance internally and externally, heating, lighting and cleaning and maintenance of all communal areas, car park, garden maintenance, together with lift maintenance.
COUNCIL TAX BAND: The local authority is Northumberland County Council. The property is Council Tax Band D.
REFERRAL FEES: In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are obliged to inform you that this Company may offer the following services to sellers and purchasers from which we may earn a related referral fee from on completion, in particular the referral of: Conveyancing where typically we can receive an average fee of £100.00 incl of VAT.
Surveying services we can typically receive an average fee of £90.00 incl VAT.
Mortgages and related products our average share of a commission from a broker is typically an average fee of £120.00 incl VAT, however this amount can be proportionally clawed back by the lender should the mortgage and/or related product(s) be cancelled early.
Removal Services we can typically receive an average fee of £60 incl of VAT.
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
Agent & docs

FAQ
About Wylam Grange, Station Road, Wylam, Northumberland, NE41
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