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See how verdicts work1-bedroom flat · NE42 6JD
Sold STCListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale: A one-bedroom flat in Prudhoe, offering spacious accommodation and elevated views over the Tyne Valley.
Set on the first floor of a small block, the flat is accessed via an external staircase and private entrance door.
Inside, a generous reception room with a focal fireplace and a large window drawing in good natural light.
The separate kitchen provides ample worktop space, fitted base and wall units and room for appliances, making it a practical cooking area.
The double bedroom is well proportioned, with two windows and a contemporary feature wall. A white bathroom suite includes WC, wash hand basin and panelled bath with tiled splashbacks.
Public transport is convenient: Prudhoe railway station is approximately a 15–20 minute walk or a short drive, with regular services to Newcastle (around 20 minutes) and Hexham/Carlisle, making this a suitable base for commuters.
Local bus routes run through the town, connecting surrounding villages and into Newcastle.
This one-bedroom flat represents an appealing opportunity for buyers seeking a sensibly sized home or investment property in a well-connected Tyne Valley location.
The accommodation: Entrance: Composite external door, stairs to first floor flat.
Bathroom: Double glazed UPVC window to the front, paneled bath, wc, pedestal wash hand basin, extractor fan and radiator.
Kitchen: 10’7’’ 3.22m x 9’5’’ 2.87m Double glazed UPVC window to the side, fitted with a range of matching wall and base units with work surfaces above incorporating sink with drainer, plumbed for washing machine, radiator and door to; Lounge: 16’3’’ 4.95m plus recess x 13’9’’ 4.19m Double glazed UPVC window to the rear, fireplace, no fire and radiator.
Bedroom: 14’1’’ 4.29m x 13’11’’ 4.24m into alcove Two double glazed UPVC windows to the front, storage cupboard and radiator.
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Broadband: Unknown Mobile Signal Coverage Blackspot: No Parking: Unknown EPC - D 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: The seller has advised us there isn’t a lease currently, we will be granting one. It will be a Tyneside lease, 999 years, no ground rent or service charge.
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
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FAQ
About 2, Prospect Terrace, Prudhoe
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