2-bedroom flat · NE45 5BZ
For saleListed 125 days
Opportunity summary
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About
This is a spacious first floor two double bedroom apartment with a very pleasant outlook from many of its windows located on the first floor and accessed via either stairs or a lift.
There are communal grounds to three sides and a superb gated and secure underground car parking, for which this apartment has a designated space, and in addition there are visitors parking facilities.
This apartment has undergone complete refurbishment by the current owners and it is beautifully presented throughout and enjoys gas fired central heating and is double glazed.
All fitted carpets and blinds are included in the sale.
The apartment would ideally suit single people, professional couples, as well as retirement purposes, and would be an ideal lock up and leave for those who travel regularly with their jobs.
Alternatively retirement purposes, and the property is literally on the doorstep of the facilities and amenities that Corbridge has to offer, as well as easy distance to the Tyne Valley railway line with a station at Corbridge.
These apartments rarely come onto the market and we would strongly recommend an early internal inspection in order to fully appreciate what is on offer.
BRIEFLY COMPRISING; GROUND FLOOR COMMUNAL ENTRANCE HALL/CORRIDORS With security entry phone system in place. Stairs and lift to upper floors. FIRST FLOOR COMMUNAL LANDING Leading to all apartments.
PRIVATE HALL Solid front door with security viewer. A very useful walk-in storage cupboard which also houses the plumbing for the washing machine and the central heating boiler.
INNER HALLWAY With small study/dining recess to one side. Access to all rooms. Built-in cloaks cupboard.
LIVING ROOM 18'4" x 12' (5.6m x 3.66m) A light and airy room with windows to two aspects including a sliding patio door overlooking the gardens with Juliette balcony, with a very pleasant outlook.
Open plan to: KITCHEN 10'6" x 8'9" (3.2m x 2.67m) Quality wall and floor cabinetry in with finish with dark polished granite worktops incorporating a Belfast sink with mixer tap over.
Five ring induction ceramic hob with stainless steel extractor canopy over. Built-in single oven and separate built-in microwave. Fully integrated fridge/freezer with matching fascias.
DINING ROOM/BEDROOM TWO 13'9" x 8'1" (4.2m x 2.46m) With a pleasant outlook.
EN-SUITE BATHROOM Panelled bath with shower over and glazed side screen, wash hand basin, low level WC, fully tiled walls, ceramic tiled flooring, chrome heated towel rail and large fitted mirror.
Return door to hallway. BEDROOM ONE 18'5" x 8'9" (5.61m x 2.67m) A generous sized room with windows to two elevations, each with a pleasant view.
Range of fitted wardrobes offering hanging and shelving space and matching drawer units.
EN-SUITE SHOWER ROOM Large double sized shower cubicle with rain head/body showers and fitted seating, wash hand basin, low level WC, splash boarding to walls and chrome heated towel rail.
EXTERNALLY COMMUNAL GROUNDS The property has mature garden areas with trees, bushes, shrubs and various sitting areas.
UNDERGROUND CAR PARK Each apartment has the benefit of a private and secure underground car parking space, together with visitors spaces, accessed via a security gated system.
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 1st of January 2010. NOTES All fitted carpets and blinds are included in the sale.
There is a service charge of £320.37 per calendar month made payable to Bradley Hall Managing Agent to cover the buildings insurance, communal maintenance internally and externally, heating, lighting and cleaning and maintenance of all communal areas, car park, garden maintenance and window cleaning together with lift maintenance.
COUNCIL TAX BAND: The local authority is Northumberland County Council. The property is Council Tax Band E.
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
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FAQ
About Princes Court, Princes Street, Corbridge, Northumberland, NE45
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