1-bedroom flat · NE66 1LE
Listing removedListed 144 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hotspur Residential are delighted to offer for let this modern, very well presented, one bedroom 2nd floor apartment which is located in the heart of the Northumberland market town of Alnwick.
The apartment is presented brilliantly with an open plan lounge/dining room with modern fitted kitchen with integrated appliances including, fridge/freezer, oven & hob, dishwasher, and there is also a washer/dryer, there is a white suite bathroom/wc and double bedroom, double glazing and gas central heating.
There is a lift in the block serving all floors, security entryphone system and to the rear of the building is an allocated off street parking space.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 49, Towergate, Clayport Street, Northumberland
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