2-bedroom flat · NE42 5HS
Sold STCListed 171 days
Opportunity summary
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About
This well-presented two-bedroom first floor flat offers spacious accommodation, that should appeal particularly to couples/first-time buyers.
The well-proportioned rooms include a spacious lounge/dining room and two double bedrooms, with a modern bathroom and a useful ground floor utility room.
The private ground floor entrance is directly into a hallway that leads through to the utility room to the rear, with a rear access door to/from the shared rear gardens.
There are stairs up to the first floor accommodation, which comprises a central landing leading to the generously-sized lounge/dining room, providing a comfortable space for both relaxing and entertaining.
A door from the living room leads into the fitted kitchen, which has modern units and granite-effect worktops that include a breakfast bar/counter area to one side and has an electric oven and gas hob with extractor over.
The main bedroom is a spacious double bedroom with a large built-in wardrobe and the second bedroom is also a well-proportioned double bedroom, while the bathroom features a white suite, including a panelled bath with mains-fed shower over, finished in a clean and contemporary style.
Externally, the property benefits from shared rear gardens with access for neighbouring flats, along with a lawned front garden and a shared access flagged pathway to the and side.
On-street parking is available along Adderlane Road. The property is leasehold, with a term of 125 years from January 1996 and over 94 years remaining as of May 2026.
A combined ground rent and service charge of £31pcm applies. It has UPVC double glazing and gas central heating with a combi. boiler.
Location – Adderlane Road is situated within the established residential area of West Wylam, forming part of the wider Prudhoe community in the sought-after Tyne Valley.
Conveniently close to everyday amenities and transport connections, Prudhoe town centre is within easy reach and provides a range of local shops, supermarkets, cafés and services along Front Street.
The area is also home to the well-known leisure facility, Prudhoe Waterworld, which offers swimming and fitness facilities and is a recognised hub for recreation within the town.
The property sits at the eastern edge of the Tyne Valley area of Northumberland, which offers riverside walks and access to nearby villages such as Wylam, Stocksfield and Corbridge and also nearby Crawcrook and Ryton.
The valley setting combines a semi-rural feel with strong links to nearby towns and employment centres, making it a well-regarded location within Northumberland while being well placed for commuters; the providing a direct route east towards Newcastle upon Tyne and west towards Hexham, connecting a number of Tyne Valley communities along the way.
The journey into Newcastle (approximately 11 miles) is straightforward by road (A695) while public transport options are also readily available with regular bus services and rail links from Prudhoe railway station, on the Tyne Valley Line, between Newcastle and Carlisle.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. CRA260151/2
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 Adderlane Road, Prudhoe, Northumberland, NE42
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