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See how verdicts work1-bedroom flat · NE61 1US
Listing removedListed 229 days
Opportunity summary
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About
Located in the heart of Morpeth town centre, this beautifully presented one bed, second floor apartment, on William Turner Court, Morpeth.
These apartments are within a purpose-built retirement development, which offers peace of mind, security and includes the benefits of the on-Site House Manager.
Included is a 24-hour emergency call system should you require assistance and a camera door entry system linked to your TV, so you can see who's calling before letting them in.
There's no need to worry about being weighed down by maintenance costs either as the service charge covers the cost of external maintenance, gardening and landscaping, window cleaning, buildings insurance, water rates and security.
Homeowners lounge with kitchen facilities and other communal areas. For those aged 60 years plus.
Morpeth is known for its natural beauty, rich history and as a gateway to all that Northumberland has to offer.
The hustle and bustle of bars, restaurants and shopping delights, all within a stone’s throw from your front door.
The property briefly comprises:- Entrance hallway, spacious lounge with patio door which leads out to a small balcony, where you can watch the world go by.
The lounge has been fitted with light beige carpets and finished with neutral colours.
The kitchen has been fitted with a range of high gloss wall and base units with integrated appliances to include fridge/freezer, electric oven and hob.
You further benefit from a separate walk-in cupboard in the hallway which can easily accommodate your washing machine.
The bedroom is a spacious double with floods of natural light and a generous sized walk-in wardrobe.
The bathroom has been beautifully finished and complimented with W.C., hand basin and walk-in shower.
For days out, you can head to Newcastle, an easy drive on the A1, which also links Morpeth to Edinburgh and beyond.
Bus services run from near the McCarthy & Stone development to Newcastle upon Tyne, Berwick, Amble, Hexham and Carlisle.
Ground rent: £425 per annum Service charges: £2,315 per annum Managed by: McCarthy and Stone Management Services It is a condition of purchase that the new resident/s are to meet the age requirement of 60+.
Car Parking - This property comes with an allocated parking bay Measurements Lounge: 22’06 x 11’03 Max Points (6.86m x 3.43m Max Points) Kitchen: 7’06 x 6’01 (2.29m x 1.85m) Utility Area: 5’00 x 5’03 (1.52m x 1.60) Bedroom One: 16’04 x 9’06 (4.98m x 2.90m) Bathroom: 7’01 x 7’00 (2.16m x 2.13m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Dimplex Radiators Broadband: Fibre to Cabinet Mobile Signal Coverage Blackspot: No 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: 999 years from and including 1 June 2017 The sale of this Property is subject to Grant of Probate. Please seek an update from the Branch if you require any further information.
EPC Rating: B Council Tax Band: D
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 35, William Turner Court, Morpeth
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