2-bedroom flat · NE61 1SQ
For saleReduced £15k (−7.5%) on 3 JulListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fabulous top floor duplex apartment is available in Admiral Collingwood Court, which is located right in the heart of Morpeth town centre.
The property itself is located just a stones throw from all of the local delights that Morpeth has to offer, such as an array of traditional shops, local bars, restaurants and delightful river walks all on your doorstep.
Internally the property offers spacious rooms and neutral décor throughout.
The property briefly comprises:- Entrance hallway, which guides you down the spacious light and airy open plan lounge and kitchen.
The lounge is a great space for relaxation with a Juliet balcony, offering picture perfect views. In addition there is ample space for your dining table and chairs.
The kitchen has been fitted with a range of wood wall and base units offering abundance of storage. Appliances include fridge freezer, dishwasher, washing machine, gas hob and electric oven.
In the hallway there is a large walk-in cupboard, excellent for storage or a small home office.
There are two good size double bedrooms, two doubles and one single, both of which have been fitted with a light beige carpets.
You further benefit from an extra room which could be used as a dressing room or office to suit. The master bedroom further benefits from its own en-suite shower room and large fitted wardrobes.
The main bathroom is fully tiled and has been fitted with a basin, bath tub and W.C. Externally you have one allocated parking space, which is a rarity around the centre of town.
Early viewings are recommended to appreciate the space on offer. Available with no onward chain, this is a must view.
Measurements Kitchen/Lounge: 19’10 x 15’6 Max Points (6.05m x 4.72m Max Points) Bedroom One: 15’11 x 8’8 Max Points (4.85m x 2.64m Max Points) En-suite: 8’8 x 3’8 (2.64m x 1.15m) Bedroom Two: 11’9 x 8’5 (3.58m x 2.57m) Dressing Room: 8’5 x 6’9 (2.57m x 2.06m) Bathroom: 9’4 x 11’7 (2.84m x 3.53m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Night Storage Broadband: Cable Mobile Signal / Coverage Blackspot: No Parking: Allocated Parking Space 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 1st October 2000. EPC Rating: Tbc Council Tax Band: D
Value & comps
No previous sales on record.
Returns
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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 21, Admiral Collingwood Court, Morpeth
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