Sold STC Flat

Millbank Crescent

Bedlington, NE22 5QJ

2 beds 1 baths Listed 2 Nov 2022 (-1319d)

£75,000

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Property details

Tenure

LEASEHOLD

Council tax band

A

Last sold

£73,000

Local average

£79,214 (-5.3%)

Deprivation

Decile 4 (12,076 of 33,755)

Street crime

129 incidents within 1 mile (Apr 2026)

Key features

  • Spacious first floor flat
  • No onward chain
  • Two bedrooms
  • Close to amenities
  • Modern presentation
  • Large shower room/bathroom
  • High gloss kitchen with some appliances
  • EPC Rating:D/ Council Tax:A
  • Leasehold 999 Years from 20th December 2001

Additional details

Garden
Yes

Description

Available to view now, and offered with no onward chain, this spacious first floor flat would make a fabulous first time buy or an investment opportunity for those looking in the area. Well located for access to the main town centre where you will find a good range of bars, restaurants, shops and amenities, the property briefly comprises; large entrance hallway, stairs to the spacious first floor landing, lounge with lovely bay window, modern kitchen and shower room and two bedrooms. Externally, there is a shared yard to the rear. Early viewings are advised to fully appreciate the size and standard of accommodation on offer.

Listed by

Bedlington

Rook Matthews Sayer - Connells

Reference: 128673686

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
1, Millbank Crescent, BEDLINGTON 61 77 199 m² England and Wales: 1900-1929 Terraced
1, Millbank Crescent, BEDLINGTON 47 68 196 m² England and Wales: 1900-1929 Terraced
11, Millbank Crescent, BEDLINGTON 67 84 95 m² England and Wales: 1930-1949 Terraced
15 Millbank Crescent, BEDLINGTON 74 76 70 m² England and Wales: 1900-1929 Flat
17 MILLBANK CRESCENT, BEDLINGTON 73 77 75 m² England and Wales: 1930-1949 Flat
18 MILLBANK CRESCENT, BEDLINGTON, BEDLINGTON 74 77 74 m² England and Wales: 1900-1929 Flat
19 MILLBANK CRESCENT, BEDLINGTON, BEDLINGTON 59 75 73 m² England and Wales: 1900-1929 Flat
20, Millbank Crescent, BEDLINGTON 70 75 79 m² England and Wales: 1900-1929 Flat
21 MILLBANK CRESCENT, BEDLINGTON 66 77 71 m² England and Wales: 1930-1949 Flat
3 Millbank Crescent, BEDLINGTON 57 61 72 m² England and Wales: 1900-1929 Flat
4, Millbank Crescent, BEDLINGTON 66 75 73 m² England and Wales: 1900-1929 Flat
6 Millbank Crescent, BEDLINGTON 73 76 67 m² England and Wales: 1900-1929 Flat
6, Millbank Crescent, BEDLINGTON 45 75 81 m² England and Wales: before 1900 Flat
6, Millbank Crescent, BEDLINGTON 49 76 68 m² England and Wales: 1900-1929 Flat
7 Millbank Crescent, BEDLINGTON 64 78 77 m² England and Wales: 1900-1929 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

Energy Performance Certificate

Energy Performance Certificate

Price history

342% since 2001

Event Date Price % change
Sold 01/01/2023 (3 years ago) £73,000 +46%
Sold 01/01/2018 (8 years ago) £50,000 -24.2%
Sold 01/01/2010 (16 years ago) £66,000 +300%
Sold 01/01/2001 (25 years ago) £16,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
29 SEATON AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AY £35,000 16/12/2025 Flat
30 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £64,950 15/09/2023 Flat
Same street 8 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £75,000 06/03/2023 Terraced
36 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £60,060 16/12/2022 Flat
5A GLADSTONE TERRACE, BEDLINGTON, NORTHUMBERLAND, NE22 5DB £59,000 26/08/2022 Flat
3 ALFRED AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AZ £46,000 12/07/2022 Flat
37 ALFRED AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AZ £90,000 11/07/2022 Flat
4 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £63,000 22/06/2022 Flat
19 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £56,500 25/03/2022 Flat
20 ALFRED AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5AZ £68,500 23/03/2022 Flat
Same street 17 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £72,000 26/01/2022 Other
Same street 16 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £72,000 26/01/2022 Other
6 GORDON TERRACE, BEDLINGTON, NORTHUMBERLAND, NE22 5DE £45,500 20/01/2022 Flat
25 LILY AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BB £50,000 10/12/2021 Flat
38 ROSALIND AVENUE, BEDLINGTON, NORTHUMBERLAND, NE22 5BA £60,000 22/10/2021 Flat
Same street 18 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £120,000 08/10/2021 Terraced
22A ALLGOOD TERRACE, BEDLINGTON, NORTHUMBERLAND, NE22 5QX £50,000 01/07/2021 Flat

Street average: £84,750 (4 sales)

Area average: £57,578 (13 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 8.6%
10y growth 11%

House Price Index (HM Land Registry — official index, not sold-price averages): Northumberland. Series: Flats and maisonettes. As of March 2026.

1y (index) -3.7%
5y (index) 9%
10y (index) 26.3%

Rental Range

Estimated market rent for Northumberland. Low = conservative, Realistic = average, Optimistic = best case.

Low £604/mo
Realistic £671/mo
Optimistic £738/mo

Based on Local Authority from postcode lookup → Northumberland.

LHA (30th percentile) floor for Northumberland: £424/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Unknown 0.0 miles
Shop Hair @ Zincaba 0.2 miles
Shop Vulcan Place Garage 0.2 miles
Train station Bedlington 0.9 miles
Train station Blyth Bebside 1.3 miles
University Blyth Marine Station 3.5 miles
Hospital St George's Hospital 4.9 miles
Hospital Northgate Hospital 6.0 miles
University Newcastle University 10.8 miles

Street-level crime

Category Count
Anti-social behaviour 38
Violence and sexual offences 31
Shoplifting 16
Criminal damage and arson 12
Public order 10
Other theft 6
Other crime 5
Burglary 4
Drugs 4
Vehicle crime 2
Robbery 1
Total incidents 129

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bedlington Whitley Memorial Church of England Primary School Primary 0.2 miles Requires improvement — 4 Feb 2024
Stead Lane Primary School Primary 0.5 miles Good — 13 Jul 2023
Bedlington West End Primary School Primary 0.7 miles Good — 24 Apr 2024
St Bede's Catholic Primary School Primary 0.7 miles Requires improvement — 14 Dec 2023
St Benet Biscop Catholic Academy Secondary 0.7 miles Good — 8 Mar 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Millbank Crescent, NE22 £550/mo 2 0.01 miles OpenRent
2 Bed Flat, Millbank Terrace, NE22 £550/mo 2 0.04 miles OpenRent
2 Bed Flat, Victoria Terrace, NE22 £575/mo 2 0.19 miles OpenRent
2 Bed Flat, Front Street East, NE22 £1,450/mo 2 0.27 miles OpenRent
2 Bed Flat, Deanery Street, NE22 £625/mo 2 0.58 miles OpenRent
2 Bed Semi-Detached House, Elenbel Avenue, NE22 £675/mo 2 0.61 miles OpenRent
2 Bed Semi-Detached House, Stirling Drive, NE22 £600/mo 2 0.72 miles OpenRent
2 Bed End Terrace, Stirling Drive, NE22 £695/mo 2 0.75 miles OpenRent
2 Bed Terraced House, Glassey Terrace, NE22 £695/mo 2 0.75 miles OpenRent
2 Bed Terraced House, Glassey Terrace, NE22 £650/mo 2 0.76 miles OpenRent

Average rent: £707/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 7.8% gross yield avg £84,750 sale, £550/mo rent
Rent ratio 0.85%
Max investor price (0.8%) £79,750
Target investor price (1%) £63,800
Gross yield 10.2%
Cost-to-rent ratio 9.8×
Monthly cashflow £254/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 14%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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