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See how verdicts work2-bedroom house · NE46 3SW
Listing removedListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the popular Pudding Mews retirement development in the heart of Hexham, this well-presented first-floor apartment offers comfortable, low-maintenance living exclusively for the over-55s, with the convenience of the town centre's excellent amenities right on the doorstep.
The development benefits from a secure intercom entry system and lift access to all floors, providing both security and ease of access for residents and visitors alike.
The apartment itself offers well-planned accommodation throughout. The welcoming entrance hall features a particularly useful large cloaks cupboard, providing excellent storage space.
The bright and spacious open-plan living area combines a comfortable lounge with a fitted kitchen, creating an attractive and sociable space for everyday living and entertaining.
There are two well-proportioned bedrooms, offering flexibility for guests, hobbies or a home office, while the modern shower room is fitted with a walk-in shower, wash hand basin and WC.
Pudding Mews is ideally situated within central Hexham, allowing easy access to a wide range of shops, supermarkets, cafés, restaurants, leisure facilities, healthcare and public transport links.
The development provides an excellent opportunity for those seeking independent retirement living in a secure and very convenient location.
Early viewing is highly recommended to appreciate the accommodation and superb town centre setting on offer.
Internal dimensions Lounge: 11’3 max x 14’4 max (3.43m x 4.37m) Kitchen: 10’11 max x 5’7 max (3.33m x 1.70m) Bedroom One: 12’7 into robes x 9’7 max (3.84m x 2.92m) Bedroom Two: 12’7 max x 6’7 max (3.84m x 2.01m) Shower Room: 6’6 max 5’5 max (1.98m x 1.65m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Fttc Mobile Signal Coverage Blackspot: No Parking: Communal Parking 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.
Accessibility This property has accessibility adaptations: - Level Access - Lift Access - Wide Doorways 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: 150 years from 30/03/1990 (123 Years Left) Ground Rent: £1,956 Yearly Service Charge: £163 Monthly council tax band: B EPC rating: Tbc
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 2, Pudding Mews, Hexham
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