1-bedroom flat · NE46 1DF
Sold STCListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a superb ground floor one bedroom flat that has in recent times undergone extensive refurbishment and modernisation to a high standard and is now presented in immaculate order throughout close to the town centre.
The accommodation enjoys the benefit of gas-fired central heating and is double glazed.
Backing onto the former Hexham Middle School site, the property is being offered with full vacant possession and no ongoing chain.
This property will undoubtedly appeal to first time buyers but also private investors and retirement purposes, and we would strongly recommend an early inspection in order to avoid disappointment.
BRIEFLY COMPRISING; GROUND FLOOR ENTRANCE HALL uPVC front door with glazed upper panels. Large walk-in storage cupboard and laminate flooring.
DOUBLE BEDROOM 10'7" x 11'2" (3.23m x 3.4m) With large built-in wardrobe. BATHROOM Panelled bath with shower attachment, pedestal wash hand basin, low level WC and tiled splash back.
LIVING ROOM 14' x 11'10" (4.27m x 3.6m) (maximum measurement) Recess incorporating a wood-burning stove on a stone hearth. Laminate flooring throughout and cornice ceiling.
KITCHEN 9'4" x 7'9" (2.84m x 2.36m) Fitted wall and floor units with worktops incorporating a stainless steel sink with single drainer and mixer tap over.
Four ceramic hob cooker with stainless steel extractor canopy above and single oven under, tiled splash back and ceramic tiled flooring. Plumbing for washing machine and two built-in storage cupboard.
uPVC rear door to garden. EXTERNALLY GARDEN To the rear of the property is an enclosed garden wth a large lawned area, patio area and concrete base suitable for entertaining a shed/summerhouse etc.
The garden is surrounded by high fencing. SERVICES Mains electricity, mains water, mains drainage and mains gas are connected. Gas central heating to radiators also supplying the domestic hot water.
TENURE: We understand that the property is leasehold. 125 years from the 30th of September 2002. NOTES Any fitted carpets and blinds are included in the sale.
There is a maintenance charge of £47 per calendar month paid to Karbon Homes which covers the buildings maintenance, buildings insurance and the service charge. The ground rent is £10 per annum.
There is a right of access to the front and rear of the property over the neighbours (1 Bondgate Close), driveway and garden. COUNCIL TAX BAND: The local authority is Northumberland County Council.
The property is Council Tax Band A.
REFERRAL FEES: In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are obliged to inform you that this Company may offer the following services to sellers and purchasers from which we may earn a related referral fee from on completion, in particular the referral of: Conveyancing where typically we can receive an average fee of £100.00 incl of VAT.
Surveying services we can typically receive an average fee of £90.00 incl VAT.
Mortgages and related products our average share of a commission from a broker is typically an average fee of £120.00 incl VAT, however this amount can be proportionally clawed back by the lender should the mortgage and/or related product(s) be cancelled early.
Removal Services we can typically receive an average fee of £60 incl of VAT.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Bondgate Close, Hexham, Northumberland, NE46
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