Lake Road, Hadston, Northumberland, NE65 9TG
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 2 Storey Freehold Block of 25 flats
- Potential To Increase To 38+ Flats STPP
- Gross Fully Let £149,340 Yield 11.1%
- High Occupancy Rates - All Let On ASTs
Description
All one and two bedroom apartments are currently being let on assured shorthold tenancy (AST) agreements. The 25 flats are in high demand due to there being limited numbers of 1 bed flats available to rent in the local area and as such have a high occupancy rate. The apartments have been well maintained and are all self-contained within a modern two story single building. There is the ability subject to obtaining local authority planning approval, to further extend the property by at least 13 units by adding 2 wings and 2 units over a single story extension. This in turn would add at 50-60% more rental income.
Just over 3 miles from Hadston is Amble town where there is a large Morrisons supermarket, marina and yaught club, Amble links holiday park leisure centre with pool, an array of shops, cafe's and restaurants, pubs, bars and ice cream parlours! Amble is also home to some of the finest fish and chip shops, and seafood restaurants in Northumberland.
Also just the other side of the coast road from Hadston is located Druridge Bay Country Park. Druridge Bay Country Park has all the amenities you will need to enjoy a day at the coast with cafe and children's play area, large lake where you can take your own boat, meadows and woodlands. The lake and park was restored from an old opencast coal mine and has now become a very pleasant landscape for walks and picnics. In addition a short walk from the lake is 3 miles of high-quality beach and sand-dunes offering ample space to get away from it all.
The property benefits from gas central heating and double glazing.
Location
Hadston has a well established infrastructure which includes, a health clinic, a Co-operative supermarket, Healthclub (next to building) take out restaurants and a pharmacy. Hadston is located just off the A1068 Coast road which joins the A1 at Alnwick and then heads south towards Newcastle. There are also good bus services to Amble, Alnwick and Morpeth from Hadston.
Under 20 minutes drive away is Alnmouth train station which has direct trains to London and Edinburgh.
Accommodation
The portfolio comprises 17 number one beds, 8 number two bed flats. We are advised that all have gas central heating.
EPC
All available upon request (rating C).
Tenure
Freehold. Title number ND144314.
Council Tax
Band A
Letting Agreements
All flats are fully let on ASTs agreements
Additional Information
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Brochures
Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Lake Road, Hadston, Northumberland, NE65 9TG
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Acklington Station2.1 miles
- Widdrington Station3.7 miles
About the agent
Pattinsons, Pattinsons Commercial North East
Kingfisher Way Silverlink, Wallsend, NE28 9NY
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 439666. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinsons, Pattinsons Commercial North East. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.