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 work2-bedroom flat · NE46 3NP
For saleListed 770 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning collection of luxury, one and two-bedroom apartments, duplexes, and penthouses for sale in the picturesque market town of Hexham, Northumberland.
We are delighted to bring to the market a stunning collection of luxury, one and two-bedroom apartments, duplexes, and penthouses for sale in the picturesque market town of Hexham, Northumberland.
The Wool House benefits from a multitude of perks including private parking, EV charging points, cycle store, communal landscaped gardens, video access and much, much more.
The apartments are ideal for last time buyers, sole occupiers, retirees, downsizers or young professionals looking for quality and comfort.
Located on Gilesgate right in the heart of this bustling town which is surrounded by the tranquil Tyne Valley countryside and picturesque Northumberland Coast.
Right on the doorstep of your apartment you will find the historic Hexham Abbey, Old Goal Museum, weekly markets, an array of independent businesses and shops, cafes, restaurants, theatre, library, cinema, galleries, golf course and sports clubs.
Hexham also has an excellent leisure centre with swimming pool and bowling alley, Hexham Racecourse and the River Tyne with country walks in and around the town.
Hexham is set within excellent road and rail distance of Newcastle, Carlisle and beyond; making it the perfect location for those that enjoy both country and metropolitan pursuits APARTMENTS The Wool House is designed across six residential floors, and you'll discover that no two apartments are the same.
An apartment here means individuality, a unique floor plate and the chance to really make a statement with your new home in Hexham.
We have one and two-bedroom apartments, duplexes and penthouses available in seven repeated styles throughout, as well as 13 special one-off apartment layouts.
All apartments are styled to benefit from an abundance of natural light, and complimented by a neutral colour palette creating the perfect backdrop, and complimenting the carefully chosen lighting, flooring and plush wool carpets.
Floor six is where you will find our more exclusive penthouse apartments with French doors and Juliet balconies overlooking the hills of the Tyne Valley beyond.
Central to the design of each apartment are well-planned kitchens, bathrooms and living spaces.
We know some buyers prefer a separate kitchen while others love open-plan space with a large (truncated) CHARGES Leasehold properties with a 999 year lease.
Service charge expected to be £1200-£1500pa. SERVICES Mains electric and water, Gas Combi boiler central heating. Fibre-optic WIFI.
VIEWINGS To arrange your personal viewing and consultation with one of our agents call us at our Hexham office on: .
FREE MARKET APPRAISAL We would be pleased to provide professional, unbiased advice on the current value and marketing of your existing home.
PARKING Garage: £25,000 (currently sold out) Undercroft Parking: £15,000 Pavilion Parking: £10,000 Outside Parking: £7,000 EV Charging: £2,000 *subject to car park positioning
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 The Wool House, Gilesgate, Hexham, Northumberland, NE46
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