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See how verdicts work2-bedroom flat · NE41 8JG
For saleReduced £5k (−2.9%) on 21 JunListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**luxury apartment**two bedrooms**extensive woodland grounds**secure gated entrance**en suite**2nd floor**lift access** This two bedroomed apartment is situated in the beautiful grounds of Wylam Manor.
Wylam manor has communal woodland ground for residents to enjoy as well as electric gated secure entrance and your own allocated parking bay.
The apartment its sell offers two bedrooms one with en suite as well as spacious lounge and kitchen. Available with no upper chain and as a leasehold with 974 years on the lease.
The development has lift access. The property comprises of a handy entrance lobby that then leads into he inner hallway.
At the end of the hallway is the lounge room with a huge bay window overlooking the woodland. There are French doors to the rear that lead into the dining kitchen.
The kitchen has room for a table and has fully integrated appliances including Fridge freezer, dishwasher, washer/dryer, electric cooker and a gas hob, as well as under unit lighting.
The kitchen has laminate flooring. There is a double sized main bedroom with fitted wardrobes and an ensuite shower room.
There is a second single sized bedroom with a storage cupboard and houses the gas combi boiler. The family bathroom has has a panelled bath with shower over, pedestal wash basin and a wc.
The property is neutrally decorated throughout. Externally there are ground that can be enjoyed as well as a private gated walk way directly to Wylam train station.
There is a great allocated parking spot situated on the end spot as well as visitor parking. The current service charge is £2596.83 per year for the period Jan 2025 to Dec 2025.
This can be paid via direct debit over 10 months. Services Mains electricity, mains drainage and mains water are connected. Gas central heating.
Tenure Leasehold council tax band: D directions WHAT3WORDS: Every three metre square of the world has been given a unique combination of three words 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 plus VAT.
Surveying services we can typically receive an average fee of £100.00 plus VAT.
Mortgages and related products our average share of a commission from a broker is typically an average fee of £150.00 plus 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 plus of VAT.
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
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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.
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FAQ
About 36, Castle Hill House, Wylam
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