1-bedroom flat · NE46 1BA
Sold STCListed 208 days
Opportunity summary
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About
Investment Consideration: Vacant possession VAT is NOT applicable to this property Comprises second floor one-bedroom residential flat To be held on a new 999-year leasehold Located on Battle Hill, which forms part of the main vehicular route through Hexham town centre, with occupiers nearby including Post Office, HSBC, Greggs and more.
Property Description: Comprises second floor residential flat, providing the following accommodation and dimensions: Second Floor: 55 sq m (592 sq ft) 1 Bedroom, kitchen/living room, bathroom Tenure: Long leasehold.
To be held on a 999 Year lease from completion at a ground rent of peppercorn.
Location: Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road some 20 miles to the east.
Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre around 23 miles to the east.
The property is located on Battle Hill, which forms part of the main vehicular route through Hexham town centre. Fore Street is located approximately 50 yards to the east.
The property adjoins the Globe Inn, and is directly opposite the town's Post Office.
Location: Hexham is a thriving market town, lying adjacent to the A69 Trans-Pennine route, which provides access to the A1 trunk road some 20 miles to the east.
Carlisle lies around 38 miles to the west and Newcastle upon Tyne City centre around 23 miles to the east.
The property is located on Battle Hill, which forms part of the main vehicular route through Hexham town centre. Fore Street is located approximately 50 yards to the east.
The property adjoins the Globe Inn, and is directly opposite the town's Post Office.
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.
Area
Agent & docs
FAQ
About 9A Battle Hill, Hexham, Northumberland, NE46
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