2-bedroom flat · NE41 8JG
For saleListed 9 days
Opportunity summary
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About
For sale: An immaculate two-bedroom flat within the characterful Castle Hill House in Wylam, offering spacious accommodation and extensive communal grounds.
The light-filled apartment comprises a generous open-plan living, dining and kitchen area, creating a practical space for everyday life and entertaining.
The kitchen features ample fitted cabinetry and workspace, with room for appliances and a dining table. The reception area is well proportioned, with neutral décor and good natural light.
There are two bedrooms, including a comfortable primary bedroom with fitted wardrobe storage and an en-suite shower room. The second bedroom is ideal as a guest room or study.
A further bathroom serves the rest of the flat. The property is presented in excellent decorative order throughout and benefits from an EPC rating of C and Council Tax band D.
Castle Hill House is set in expansive landscaped grounds, providing attractive open green space and mature trees for residents to enjoy, approached via a long driveway and gated entrance.
Situated in the sought-after village of Wylam on the north bank of the River Tyne, the flat is well placed for local amenities.
Wylam offers a range of independent shops, cafés and pubs, along with riverside walks and access to nearby countryside. Wylam Primary School and Ovingham Middle School serve the area.
Wylam railway station provides direct services to Newcastle in around 25 minutes and Hexham in approximately 20 minutes, making this an appealing option for commuters seeking a village setting with convenient connections.
Living Room: 14'09'' (max) x 10'04'' (max) - 4.50m x 3.14m Kitchen: 11'09'' x 9'11'' - 3.58m x 3.02m Bedroom One: 14'03'' x 9'09'' (+wardrobes) - 4.34m x 2.98m En-suite: 6'08'' x 5'08'' - 2.04m x 1.73m Bedroom Two: 10'04'' x 6'07'' - 3.14m x 2.01m Bathroom: 6'11'' x 5'08'' - 2.10m x 1.73m Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Cable Mobile Signal Coverage Blackspot: No Parking: Allocated Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. 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: 999 years from 1st January 2000 Ground Rent: Included in service charge Service Charge: £237 pcm council tax band: D EPC rating: C P00007613.sd.sd.10/10/26.V.1
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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About 24 Castle Hill House, Wylam
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