1-bedroom flat · NE24 4JZ
Listing removedListed 393 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This property is being sold under a Section 106 Discount Market Value clause. This is part of the Section 106 affordable housing scheme and the price shown is 80% of the full market value.
The property can only be purchased by people who meet the criteria of this agreement meaning that it would not be suitable for investors as described in the listing since the clause forbids letting the property without specific permission from Northumberland County Council.
For sale is a charming 1 bedroom apartment in the delightful neighbourhood of Cowpen, Blyth.
This residential property is an ideal opportunity for a first-time buyer, single occupant, or an investor looking for a sound investment in the heart of Northumberland.
Upon entering the apartment, you are welcomed into a spacious reception room, providing the perfect, inviting area for relaxation or entertaining guests.
The space benefits from an abundance of natural light creating a bright, airy atmosphere and further enhancing its sizeable layout.
The property features one generously-sized bedroom with ample storage space, making it an ideal retreat after a long day.
The bathroom is tastefully fitted with modern fixtures and finishes providing a tranquil and functional space.
Situated in Chase Farm, which boasts a sense of community and local amenities, the location is ideal for those who value the tranquillity of suburban living while being near to Blyth's bustling town centre.
In summary, this property offers a fantastic opportunity to enjoy comfortable, convenient living or to make a smart investment in a desirable location.
At Pattinson Estate Agents, we highly recommend an early viewing of this property - it could be the charming home or investment opportunity you've been searching for!
Council Tax Band: A Tenure: Leasehold Length of Lease: 118 Annual Ground Rent Amount: 50.00 Annual Service Charge Amount: 770.00 Entrance Hallway Storage cupboard.
Lounge (3.84m x 3.97m) Double glazed windows, central heating radiators.
Kitchen (2.91m x 2.21m) Fitted with a range of wall drawer and base unis with complementary work surfaces, stainless steel sink with drainer and mixer tap, integrated washing machine, electric oven and gas hob with extractor, space for fridge freezer, double glazed widow.
Bedroom (2.89m x 2.69m) Double glazed window, central hating radiator Bathroom (2.86m x 1.76m) Fitted with panelled bath with shower over, hand wash basin, low level wc, central heating radiator, double glazed window.
Externally Externally there is allocated parking to the rear.
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 4, Fontburn House Haggerston Road, Blyth
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