3-bedroom flat · NE70 7EP
For saleListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bayview apartment and Jetty Cottage - A fantastic, three bedroom apartment, and cosy 'Jetty Cottage' enjoying superb views over Budle Bay and its stunning Nature Reserve, towards Lindisfarne and Holy Island in the distance - located approx 2.4 miles west of Bamburgh village, the apartment is ideal as a second home or commercial holiday let on the beautiful Northumberland coast, benefiting from allocated parking for three cars, and communal lawned gardens and a secure decked terrace.
NO UPWARD CHAIN The excellent and spacious apartment is located on the ground and first floors of this stunning Grade II Listed former late 18th century Mill building, with its own private entrance at ground floor level, and additional entrances to take advantage of the lift access and avoidance of stairs.
The property benefits from electric night storage heating, double glazed windows, and three parking spaces.
Ground floor - Private entrance to entrance hallway | Ground floor WC | Store room with access to a further communal store area | Staircase to the living and bedroom accommodation.
First floor Living - Communal entrance at first floor level from the southern elevation | Reception hallway with secure entry phone and stairs leading down the ground floor store and WC, and door leading to the gardens and parking area | Fabulous open plan living/dining room and kitchen, with three windows with window seats, overlooking Budle Bay & sands to the stunning coastline | Kitchen fitted with a range of cabinets, with an electric hob, oven, plumbing for a dishwasher and washing machine and space for a fridge/freezer - built in cupboard housing the water tank.
First floor Bedrooms - Master bedroom with a full height window and space for freestanding bedroom furniture | Ensuite shower with a walk in mains shower, wash hand basin, WC and ladder radiator | Double bedroom two | Twin bedroom three with full height window | Family bathroom - bath with an electric shower over, wash hand basin and WC.
'Jetty Cottage' - A superb versatile room, directly overlooking Budle Bay and the Waren Burn - recently repointed and redecorated, with a new double glazed window and composite door - an ideal studio, reading or quiet birdwatching room to observe the wide variety of birds and wildlife at close proximity ( Restrictions are in place to remain as a studio and not sleeping accommodation).
Externally - The apartment benefits from one allocated parking space, and Jetty Cottage, two allocated parking spaces | Well maintained communal gardens and grounds | Fabulous newly refurbished enclosed decked terrace, with secure gated entry for all residents.
Services: Mains Electric, Water & Drainage | Storage Heaters | Tenure: Leasehold | Council Tax: Business Rates | EPC: C Lease Details: Owner of Freehold & Managing Agents: Waren Mill Management Company | Lease: 999 years from 1/11/2001 | Years Remaining: 975 years | No Ground Rent | Service Charge: £3,827 annually to include upkeep of communal grounds, external painting, building insurance, Wifi, maintenance of shared areas, fire alarm, lifts, car park, and decoration of communal areas | Pets allowed
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 Bay View and Jetty Cottage, The Mill, Waren Mill, Belford, Northumberland
Explore nearby