2-bedroom flat · NE41 8LA
Listing removedListed 218 days
Opportunity summary
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About
For sale: A first floor, two-bedroom flat in the heart of Wylam village, offering convenient access to local amenities and public transport.
The neutrally decorated accommodation includes a reception room with large windows and defined dining space, which opens directly onto a balcony enjoying river views.
The kitchen features a full range of fitted, shaker-style units, good natural light and a useful utility area.
There are two bedrooms: A double master bedroom with built-in wardrobes and river views, and a further single bedroom. The walk-in shower room includes a heated towel rail.
Loft access provides additional storage, and the property benefits from parking.
Wylam village offers a range of local shops, cafés and a friendly high street environment, together with riverside walks along the Tyne and access to nearby countryside.
The flat is well placed for Wylam’s amenities, including local pubs, everyday services and community facilities. Public transport links are a notable feature of this location.
Wylam railway station provides regular services to Newcastle in around 20–25 minutes and to Hexham and Carlisle to the west, making it suitable for commuting or leisure travel.
Bus services also connect Wylam with surrounding villages and towns.
The property’s position combines river views with proximity to the village centre, providing a setting that balances everyday convenience with access to open spaces and walking routes along the river and through the Tyne Valley.
Living Room: 13'09'' x 18'01'' - 4.19m x 5.51m Kitchen: 13'09'' (max) x 7'04'' - 4.19m x 2.24m Bedroom One: 11'04'' x 10'07'' - 3.45m x 3.22m Bedroom Two: 11'04'' x 6'06'' - 3.45m x 1.98m Bathroom: 7'00'' x 5'08'' - 2.13m x 1.73m Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Electric Broadband: Fibre 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.
Material / construction abnormalities We have been informed that this is non-standard construction – Timber Framed 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 31/10/1986 Service Charge: £174.71 per month council tax band: C EPC rating: Tbc P00007533.sd.sd.16/3/26.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.
Area
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FAQ
About 2, Stephenson Court, Wylam
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