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See how verdicts work2-bedroom flat · NE46 1BG
For saleReduced £10k (−8.7%) on 24 JunListed 344 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *** two bedroom apartment*** ***share of freehold*** ***garage en-bloc*** Pattinson are pleased to welcome to the market this two bedroom apartment, located on Eastgate in Hexham.
The property is entered via a secure entry door, with intercom system, and comprises an entrance hallway, with doors leading to the open plan living room/kitchen, both bedrooms, and the main bathroom.
Bedroom 1 also features an en-suite. Externally, the property comes with a storage cupboard, a garage to the rear of the building, visitor parking, and a communal area located above the garage block.
Kings Mews is a small complex of flats and houses standing on Eastgate, just a short distance from the Town Centre, and situated in a popular residential location.
Hexham is well served with shops, schools, leisure facilities, health centres and a hospital.
It lies just off the A69 main trunk road an has a mainline rail station and regular bus routes to all points between Carlisle and Newcastle.
Early viewing is recommended, and you can arrange a viewing by contacting our Hexham Team.
Council Tax Band: C Tenure: Share Of Freehold Annual Service Charge Amount: 1,531.00 Entrance Hallway Doors leading to living room/kitchen, both bedrooms and the bathroom.
Living Room Open plan with the kitchen. Featuring French doors with a Juliette Balcony overlooking mature trees, and grassland.
Kitchen Range of wall and floor units, central island housing more storage, the electric hob and oven, and integrated fridge/freezer. Double glazed sash window.
Bedroom 1 Dual aspect double glazed sash windows, featuring secondary glazing, double room, with in-built storage cupboard, and en-suite.
En-Suite Large walk in shower, Toilet and Basin Bedroom 2 Double room with alcove for storage, single aspect double glazed sash window, with secondary glazing and central heating radiator.
Bathroom Featuring a white 3-piece suite, including low lying toilet, pedestal sink and bath with shower over. Central heating radiator and electric extractor fan.
Externally The property benefits from an external, secure storage cupboard and a garage located to the rear of the building on the complex grounds.
Information The property is located within Northumberland County Council area. It is being sold with a Share of the Freehold. It is Council Tax Band C.
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.
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FAQ
About 2, Kings Mews, Hexham
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