2-bedroom flat · NE42 6QF
Listing removedListed 66 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We welcome to the market this first floor two bedroom flat on the periphary of Prudhoe. It has a small grassed are to the front of the property and a garage within a block.
This property is ideally located closer to local transport links running between Hexham and Newcastle city centre via both train and bus routes.
The property itself comprises on entrance hall with stairs leading to the first floor, living room, compact kitchen, bathroom double main bedroom and single bedroom.
The property is available on an unfurnished basis, available to let now. Council Tax Band: A IMPORTANT PLEASE READ: A holding and a bond equal to to one weeks rent is required on application.
One months rent in advance and a bond equal to one months rent less the holding fee is required upon move in. Please contact the office for further information.
All tenancies will intitially be for six months and renewed thereafter. Living Room 4.8m x 3.7m Neutral decor, double glazed window, views, laminate flooring, storage cupboard, x two radiators.
Kitchen 2m x 2.7m White high gloss units, grey mottled bench top, stainless steel sink and draining board, stand alone electric cooker, space for washing machine, space for fridge/freezer, laminate floor, double glazed window.
Bathroom 2m x 2m White sanitaryware which comprises of sink on a pedestal, low coupled toilet, bath with shower attachment, doubleglazed window, laminate flooring, radiator.
Bedroom 3.9m x 3m Neutral decor, double glazed window, curtains, beige coloured carpet, radiator.
Bedroom 3m x 3.1m Neutral decor, laminate flooring, double glazed window, curtains, cupboard which houses the boiler.
Disclaimer All measurements are approximate and intended as a guide only. All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
2/ Fixtures and fittings other than those included in the above details are to be agreed separately.
3/ All EPCs are generated by a third party and Red Hot Property Ltd accepts no liability for their accuracy.
6/ The Floorplans that are provided are purely to give an idea of layout and as such should not be relied on for anything other than this.
It is highly likely the plans do not show cupboards, indents, fireplaces or recesses and are not drawn to scale or with doors, staircases and windows in the correct scale or position.
Applicants must satisfy themselves of any size or shape before committing to any expense. Terms of Website Use Information provided on our website is for general information only.
It may not be wholly accurate, complete or up-to-date and should not be relied upon. (truncated)
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

FAQ
About Cranbrook Drive, Prudhoe, Northumberland, NE42
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