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 house · NE45 5ES
Listing removedListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb two bedroom ground floor retirement apartment with en-suite shower room and patio door.
The apartment is entered via the internal access door into the apartment’s central hallway offering doors to lounge, both bedrooms, shower room and utilities cupboard.
The lounge is situated to the front elevation overlooking the patio area and car park beyond. This apartment benefits from having a patio door for direct external access.
Off the lounge is the kitchen with a range of wall and base units, fridge freezer and over/hob.
The main bedroom is a large double with window to front elevation and fitted wardrobes to the rear and well-equipped en-suite shower room beyond.
The second bedroom is another double with window to front elevation. The main shower room is off the central hallway and is also well equipped.
The apartment does have a large utilities cupboard off the hallway which contains hot water tank, as well as electricity consumer unit and cloaks hanging and some shelving in place.
Primlea Court is situated just out of the centre of Corbridge giving it a quiet position but still within reach of amenities.
There are communal areas and facilities to make use of such as lounge, laundry and refuse areas. Parking is offered in the form of a communal car park for all residents.
Emergency assistance pull cords are fitted throughout the apartment.
These apartments do come to the market every now and then but not very often on the ground floor with a second bathroom so we anticipate it won’t stay around for long.
INTERNAL DIMENSIONS Lounge: (abnormal shape) 19’8 max x 10’9 max (5.99m x 3.28m) Kitchen: (abnormal shape) 8’6 max x 7’7 max (2.59m x 2.31) Bedroom 1: (abnormal shape) 15’0 max x 8’7 max (4.57m x 2.62m) En-Suite: 8’7 into shower x 5’6 max (2.62m x 1.68m) Bedroom 2: (abnormal shape) 16’2 max x 9’1 max (4.93m x 2.77m) Shower Room: 5’7 into shower x 6’8 (1.7m x 2.03m) Utilities Cupboard: 6’3 x 3’4 (1.91m x 1.02m) PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Broadband: Fibre to Cabinet Mobile Signal / Coverage Blackspot: No Parking: Communal Car Park MINING The property is not known to be on a coalfield and not known to be directly impacted by the effect of other mining activity.
The North East region is famous for its rich mining heritage and confirmation should be sought from a conveyancer as to its effect on the property, if any.
ACCESSIBILITY This property has ramp access to front door and the building has lift access to all floors. 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: 125 years from 1/2/2005 Ground Rent: £230 per 6 months. Service Charge: £1753.30 per 6 months. COUNCIL TAX BAND: D EPC RATING: 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.
Area
Agent & docs

FAQ
About Aydon Road, Corbridge
Explore nearby