2-bedroom flat · NE42 6QJ
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Red Hot Sales and Lettings are pleased to welcome to the market this lovely two bedroom, second floor flat in Prudhoe.
Situated within easy access to transport links the property would make an ideal first home and comprises of, communal entrance with stairs to second floor, hallway with two large storage cupboards, open plan kitchen/living room, master bedroom with ensuite, second bedroom and bathroom.
Communal Entrance Stairs to 2nd floor, post-box. Hallway Two good sized storage cupboards, loft access, central heating radiator, telephone intercom.
Open plan lounge/kitchen 6.86m by 3.66m - Kitchen area has a range of wall and base units with work surfaces over, sink and drainer unit with mixer tap, splash back tiles, integrated oven and hob with extractor hood, concealed central heating boiler, fridge freezer, washing machine, central heating radiator, double glazed window.
Lounge area has a double glazed window and television point. Bedroom One 3.96m by 3.66m - Double glazed window, central heating radiator.
En Suite Shower cubicle, wash hand basin, WC, part tiled walls, central heating radiator, extractor fan, shaver point, part tiled walls.
Bedroom Two 3.38m by 2.2m - Central heating radiator, double glazed window.
Bathroom Fitted with a three piece suit comprising of a low level WC, wash hand basin, bath with mixer tap, part tiled walls, heated towel rail and shaver point Externally There is an allocated parking space, communal bin storage area.
Disclaimer
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.
Area
Agent & docs
FAQ
About Old Eltringham Court, Prudhoe, NE42
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