2-bedroom flat · NE61 1EQ
Sold STCListed 123 days
Opportunity summary
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About
Immaculately Presented & Modern First Floor Apartment Located within the Heart of Morpeth with Underfloor Heating Throughout, Lift Access and a Superb Open Plan Kitchen, Dining & Living Space, Large Utility/Laundry Room, Two Excellent Double Bedrooms, En-Suite Bathroom plus Separate Guest Shower Room, Delightful Communal Gardens & Two Secure Allocated Parking Spaces.
This beautifully presented, two-bedroom apartment is ideally placed within the prestigious Greystoke Apartment Development which is positioned on the coveted Kings Avenue, Morpeth.
Kings Avenue is perfectly positioned within a short walk from Morpeth Town Centre, and enjoys a convenient position close to a variety of independent shops, cafes, restaurants and everyday amenities.
Morpeth also offers access to excellent leisure facilities, beautiful riverside walks and highly regarded state schooling, while the railway station provides direct rail services into Newcastle City Centre, Edinburgh and beyond.
The A1 is also easily accessible, making this an excellent choice for professionals, down-sizers and those seeking a well-connected home within one of Northumberland's most desirable market towns.
The internal accommodation comprises: Communal entrance hall with secure entry phone system and lift and stair access to all floors.
Private entrance at the first floor level which leads into a spacious central entrance hall with a useful storage cupboard and access to all rooms.
Beautifully presented throughout, this exceptional apartment offers a light and airy feel with soft neutral décor, recessed lighting and quality finishes.
The hall also provides access to a stylish shower room featuring contemporary floor to ceiling tiling, a walk in shower enclosure, vanity unit and heated towel rail, along with a separate generous utility room fitted with gloss units, work surfaces, sink and plumbing for laundry appliances.
At the heart of the home is an impressive open plan kitchen, dining and living space extending to over 24ft in length and width.
This generous reception space is flooded with natural light from multiple tall windows which provide an aspect overlooking the communal grounds.
The kitchen is fitted with a sleek range of high gloss wall and base units, integrated appliances, with twin 'Neff' eye-level ovens, contrasting work surfaces and a breakfast bar, creating a practical space for both everyday living and entertaining.
There is ample room for both dining and seating areas within this versatile layout.
The apartment then offers access to two well-proportioned double bedrooms, both benefitting from fitted wardrobes and views across the landscaped communal grounds.
The main bedroom enjoys access to a private and contemporary en-suite bathroom with three piece suite, including bath, vanity storage, heated towel rail and elegant tiling.
The second bedroom is served by a stylish shower room featuring a walk-in rainfall shower, vanity unit, heated towel rail and modern tiled finishes.
Both the en-suite and shower room enjoy 'Villeroy & Boch' appliances.
Externally, the development is approached via a secure and well-maintained setting with secure off-road parking available via an electronic roller door which leads beneath the development.
Further parking is available via two visitor parking bays which are positioned adjacent to the main entrance with further permit parking available on both Kings Avenue and De Merley Road.
Residents also benefit from beautifully landscaped communal gardens comprising extensive lawns, mature trees, established planting, paved walkways and seating areas, all creating an attractive outdoor environment surrounding this impressive apartment building.
With lift access, under-floor heating and a private secure store cupboard (situated in the undercroft parking area), this exceptional modern apartment simply demands an early inspection and viewings are strongly advised.
On The First Floor - Entrance Hall - Kitchen/Diner/Living Room - 7.42m x 7.21m (24'4" x 23'8") - Measurements taken from the widest points.
Utility - 3.35m x 1.96m (11'0" x 6'5") - Measurements taken from the widest points. Bedroom - 5.23m x 4.38m (17'2" x 14'4") - Measurements taken from the widest points.
En-Suite Bathroom - 2.10m x 2.49m (6'11" x 8'2") - Measurements taken from the widest points. Bedroom - 3.35m x 3.25m (11'0" x 10'8") - Measurements taken from the widest points.
Shower Room - 1.65m x 2.29m (5'5" x 7'6") - Measurements taken from the widest points.
Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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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About Kings Avenue, Morpeth, NE61
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