1-bedroom flat · NE45 5ES
Listing removedListed 541 days
Opportunity summary
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About
A lovely one-bedroom ground floor apartment situated in the very popular Primlea Court, Corbridge.
Close to all local amenities including an excellent range of shops, a doctor’s surgery and good transport links. Secure door entry system, resident management staff and careline system in place.
Regular social activities include: Coffee mornings, keep fit activities, embroidery class and social outings & gatherings. New residents accepted from 60 years of age.
Hallway A welcoming hallway with carpeted flooring, coving to the ceiling and a generous storage cupboard.
Living Room A fabulous bright room with glazed patio doors out to a patio seating area surrounded by beautiful flower beds.
Kitchen An impressive fitted kitchen with contrasting work surfaces, sink unit inset, electric hob with cooker hood above, integrated fridge and freezer, electric oven, double glazed window to the front, vinyl flooring, part tiled walls, coving to ceiling and a wall heater.
Shower Room A stylish modern shower room with sizeable shower enclosure with laminate inset, sink unit inset to a feature storage unit, push button WC, extractor fan, vinyl flooring, coving to the ceiling, shelving, heated towel rails and tiled walls.
Bedroom A well-proportioned bedroom with fitted wardrobes, carpeted flooring, double glazed window to the front, a storage heater and coving to the ceiling.
External Externally there is a charming patio to enjoy the sunny aspect and benefitting from its own ramp access.
There is a beautifully maintained communal garden laid to lawn with mature borders and seating areas to enjoy the tranquil surroundings.
The communal garden is easily accessed from the apartment, as is the resident parking, laundry room and communal lounge.
Internal dimensions Lounge: 19’6 x 10’8 (5.94m x 3.25m) Kitchen: 8’5 x 7’7 (2.57m x 2.31m) Bedroom: 17’0 plus robes x 8’11 narrowing to 5’10 (5.18m x 2.72m x 1.78m) Bathroom: 6’9 x 5’5 (2.06m x 1.65m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Night Storage & Electric Immersion Water Heating Broadband: Fibre To Cabinet Mobile Signal / Coverage Blackspot: No Parking: Communal Parking Mining The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
Restrictions and rights Pets may be allowed, subject to approval of the management company. 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 01/01/2007 Ground Rent: £197.50 per six months Service Charge: £1214.96 per six months council tax band: C EPC rating: B
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
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FAQ
About 4 Primlea Court, Aydon Road, Corbridge
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