We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · NE66 1BS
Listing removedListed 416 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this delightful studio flat, now available for sale and ideal for a buyer who needs their own space near facilities.
Perfectly positioned near beautiful green spaces, sports grounds & Willowburn leisure centre, walking paths, cycling routes, and the Willowburn retail park in Alnwick Step inside to discover an inviting open-plan space that cleverly combines your lounge and bedroom area, making the most of the apartment’s thoughtful layout.
The small yet practical kitchen offers everything you need to whip up a meal, while a dedicated wardrobe and storage area keeps your belongings organised and the living space neat.
An allocated parking space is included. With a Council Tax Band A rating, you’ll enjoy the benefit of lower outgoings.
This lovely studio provides a fantastic opportunity for those looking to downsize, or anyone seeking a buy-to-let investment.
Enjoy easy access to local amenities and the vibrant outdoor lifestyle just beyond your doorstep.
Don’t miss your chance to secure this charming studio flat – book your viewing today and see just how perfectly it could suit your needs!
Communal entrance Front & rear access door | Mail boxes | Staircase to two flats on the first floor (Four flats in the bock) studio living/bedroom space 15' '' x 8'8'' (4.75m x 2.64m) UPVC double-glazed window incorporating a window seat | Laminate floor | Electric wall heater | Phone intercom entry kitchen 6'8'' x 6'7'' (2.03m x 2.01m) Fitted wall & base units incorporating; stainless-steel sink, electric hob & extractor hood, electric oven, space for under-counter sink, space for washing machine UPVC double-glazed window | Part-tiled walls | Electric water heater Shower room Corner shower cubicle with wet-wall panels & electric shower | Cabinet with wash-hand basin | Close-coupled W.C | Tiled walls | Tiled floor | UPVC double-glazed frosted window | Wall-mounted electric fan heater | Electric towel rail | Extractor fan Inner hall Access to shower room | Fitted cupboard with shelf and hanging rail | Storage space Externally Allocated parking space and communal garden Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Fibre to premises Mobile Signal Coverage Blackspot: No known issues Parking: Allocated parking space 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. 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: 49 years from 01/03/2025 Ground Rent: £15 per annum Service Charge: £1310.30 per annum (Includes building insurance) council tax band: A EPC rating: E
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs
FAQ
About 11, Arkle Court, Alnwick
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