1-bedroom flat · NE46 1QF
Sold STCReduced £25k (−10.4%) on 26 AugListed 155 days
Opportunity summary
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About
A beautifully presented one bedroom second floor apartment featuring a west-facing Juliet balcony in the bright open-plan living area, allowing for the enjoyment of afternoon sun.
The property also benefits from a modern fitted kitchen and shower room, along with a spacious double bedroom with built-in wardrobe.
Hewson Court is a McCarthy & Stone retirement living development, built in August 2021 and is situated closed to local amenities including Hexham General Hospital, shops and the bus station.
Hewson Court Hewson Court was purpose built by McCarthy & Stone for retirement living. The development consists of 43 one and two-bedroom retirement apartments for the over 60s.
For peace of mind, there is a House Manager on site and a 24-hour emergency call system provided via a personal pendant alarm and with call points in the bathroom and hallway.
The apartment is all electric and the meter is an Economy 10 giving 10 hours of Off Peak electricity.
There is a ventilation system throughout the development which draws fresh air in from the outside.
The development also includes a Homeowners' lounge, potting shed, boule court and landscaped gardens with patio area, all perfect for socialising with friends, family and neighbours.
There is a mobility scooter charging point and a lift to all floors. In addition, there is the benefit of a guest suite, available for visitors to book wishing to stay (additional charges apply).
Local Area The town's residents adore the weekly farmers' market in the town centre, which is only a short stroll from the development.
Here, you can purchase everything from plants and flowers to decorate your apartment to bread and sweets.
The market is held on Tuesdays from 9am to 4pm but, on other days of the week, a small number of market stalls sell goods on the Shambles. It's simple for the family to come and visit, too.
The A69 provides direct access to Newcastle and Carlisle, while the nearby rail network provides good links to towns and cities throughout the region.
Newcastle can be reached in 33 minutes by train, while Sunderland and Durham can both be reached in just under an hour.
If you like to take a stroll and explore away from the development, then Hexham Abbey is the perfect choice.
The abbey is over 1,300 years old and regularly welcomes people of all faiths who come to see the artefacts on display, including the Anglo-Saxon tombstone of a Roman soldier and The Phelps Organ.
If you're a lover of the great outdoors, then you'll love taking a walk in Sele Park. Here you'll find a number of woodland walks, an open expanse of grass and a traditional bandstand.
The park and gardens also provide fun for all the family when they visit, as there's a skate park, a children's play area and public toilets.
The centre of Hexham contains all the amenities you'll need for a full and active retirement.
You'll also find a number of independent retailers, as well as banks, cafes and restaurants, as well as known high street retailers such as WHSmith, Marks & Spencer and Next.
Hexham General Hospital is located across from the development.
Entrance Hall Front door with spy hole leads to the large entrance hall - Illuminated light switches, smoke detector, apartment security door entry system with intercom and the 24-hour Tunstall emergency response pull cord system are situated in the hall.
From the hallway there is a door to a walk-in storage cupboard/airing cupboard and further doors lead to the living room, bedroom and bathroom.
Lounge A good size lounge with west facing aspect and Juliet balcony which allows lots of natural light in and provides outlook over the side elevation. The room has space for both lounge and dining.
There are TV and telephone points, two ceiling lights and raised electric power sockets.
Open Plan Kitchen Fully fitted modern kitchen with a window and range of light grey wall and base units with a roll top work surface and splashback. Sink and drainer unit with mono block lever tap.
Appliances include a raised level built-in oven, four ring ceramic hob with extractor hood over and an integrated fridge and freezer. Ceiling and under pelmet lighting.
Bedroom Spacious west facing bedroom with window overlooking side elevation. Built in mirror fronted wardrobe. With a TV and telephone points, two ceiling lights and raised electric power sockets.
Shower Room Partially tiled and fitted with suite comprising of a level access walk-in shower with glass screen, support rail and adjustable shower-head, WC, vanity unit with wash basin and mirror above, and further mirrored medicine cabinet and heated towel rail.
Service Charge • House Manager • Cleaning of communal windows • Water rates for communal areas and apartments • Electricity, heating, lighting and power to communal areas • 24-hour emergency call system • Upkeep of gardens and grounds • Repairs and maintenance to the interior and exterior communal areas • Contingency fund including internal and external redecoration of communal areas • Buildings insurance • Cleaning to communal area The service charge does not cover external costs such as your Council Tax, electricity or TV, to find out more about service charges please contact your Property Consultant or House Manager.
Service Charge: £2,943.12 per annum (per calendar year ending 29/02/2027) Leasehold Information Leasehold length: 999 years from 2021 Ground rent: £425 per annum Ground rent review date: June 2036 Managed by McCarthy Stone Moving Made Easy & Additional Information Moving is a huge step, but don’t let that hold you back.
We have a range of services to help your move go smoothly, including: • free Entitlements Advice to help you find out what benefits you may be entitled.
• Part Exchange service to help you move without the hassle of having to sell your own home. • Removal Services that can help you declutter and move you in to your new home.
• Conveyancing specialists who are experienced with sales and purchases of McCarthy Stone retirement properties.
For more information check our webpage additional services or speak with our property consultant • Full Fibre Broadband available • Mains water and electricity • Electric room heating • Mains drainage
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About 43 Hewson Court, Dene Park, Hexham
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