Sold STC Flat

21 COLLEGE ROAD

ASHINGTON, NORTHUMBERLAND NE63 0TU

2 beds 1 baths 581 sq ft Listed 15 Apr 2024 (-838d)

£57,500

Guide Price

Reduced on 17 Sep 2024

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Listing type

Auction

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Property details

Listing category

Auction

Tenure

LEASEHOLD

Floor area

54 m²

Council tax band

A

EPC rating

C

Year built

England and Wales: 1950-1966

Last sold

£58,000 Feb 2025

Price per m²

£1,065/m²

Local average

£47,583 (+20.8%)

Deprivation

Decile 1 (844 of 33,755)

Street crime

242 incidents within 1 mile (May 2026)

Key features

  • Two Bedroom First Floor Flat
  • Well Presented
  • Modern Bathroom
  • Modern Kitchen
  • No Upper Chain Available now
  • Garage in Block
  • Leasehold: 173 years remaining
  • Current building insurance premium: £117.23 per annum
  • Council Tax Band: A
  • EPC Rating: C

Additional details

Parking
Yes
Garden
Yes

Description

For Sale by Auction on 12th December 2024. Option 2. Terms and conditions apply

Well presented two bedroom first floor flat available on College Road, Ashington. With excellent transport links and located close to local shops/college and amenities. Offering double glazing and gas central heating, the accommodation briefly comprises: entrance hall, stairs to first floor, lounge, fitted kitchen, two good sized bedrooms with fitted wardrobes and a modern fitted bathroom. Externally there is a garage in a separate block and a garden to the front.


Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+VAT (total £2400) Auction Administration Fee.



Joint Agents: The Agents Property Auction Ltd.



Terms and conditions apply see website:

PROPERTY DESCRIPTION ENTRANCE HALLWAYDouble glazed door to side, cupboard, stairs to first floor. LOUNGE 14' 11" (4.55m) x 11' 2" (3.4m)Double glazed window to front, TVpoint. KITCHEN 8' 8" (2.64m) x 6' 7" (2.01m)Fitted wall and base units, roll top work surfaces, one and a half sinkand drainer unit, mixer tap, electric cooker point, single glazedwindow to rear. BEDROOM 1 8' 11" (2.72m) x 11' 11" (3.63m)Double glazed window to front, built in wardrobes. BEDROOM 2 9' 9" (2.97m) x 8' 8" (2.64m)Double glazed window to rear, built in wardrobe. BATHROOMLow level w.c, pedestal wash hand basin, panelled bath with electricshower over, single glazed window to rear, cupboard, plumbing for washing machine. EXTERNALLYGarden & garage in nearby block.  PRIMARY SERVICES SUPPLYElectricity: MainsWater: MainsSewerage: MainsHeating: GasBroadband: NoneMobile Signal Coverage Blackspot: NoParking: Garage in separate block  TENURELeasehold.  It is understood that this property is leasehold. Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.Length of Lease: 189 from 29/07/2008Ground Rent: £0Current building insurance premium: £117.23 per annum COUNCIL TAX BAND: A
EPC RATING:  C

Listed by

Ashington

Rook Matthews Sayer - Connells

Reference: 146818445

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 03/02/2015

Expiry date: 02/02/2025 (expired)

Current heating cost: £390/year

Potential heating cost: £269/year

Est. upgrade cost to C: £2,230

Recommendations

  • Cavity wall insulation (£500 - £1,500)
  • Low energy lighting for all fixed outlets (£30)
  • Replacement glazing units (£1,000 - £1,400)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

Energy Performance Certificate

Energy Performance Certificate

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #985306

Property Details

Street: 21 College Road

Town: Ashington

Postcode: NE63 0TU

Installation Details

Items: 2 windows

Certificate Issued: 19/09/2003

Work Completed: 11/08/2003

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

12% since 2015

Event Date Price % change
Sold 28/02/2025 (1 year ago) £58,000 +11.5%
Sold 18/11/2015 (10 years ago) £52,000

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
61 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TX £30,100 11/04/2023 Flat
Same street 31 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TU £55,500 03/04/2023 Flat
61 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TX £14,000 10/03/2023 Flat
Same street 4 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TU £110,000 12/08/2022 Terraced
16 COLLEGE PLACE, ASHINGTON, NORTHUMBERLAND, NE63 9QZ £51,000 05/08/2022 Flat
Same street 8 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TU £85,000 01/07/2022 Terraced
87 CANTERBURY CLOSE, ASHINGTON, NORTHUMBERLAND, NE63 9QG £44,000 09/06/2022 Flat
47 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TX £59,000 03/12/2021 Flat
Same street 16 COLLEGE ROAD, ASHINGTON, NORTHUMBERLAND, NE63 0TU £105,500 19/11/2021 Terraced

Street average: £89,000 (4 sales)

Area average: £39,620 (5 sales)

Capital growth trend

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

5y growth 55%
10y growth 70.5%

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

1y (index) 0.5%
5y (index) 9.6%
10y (index) 27.5%

Rental Range

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

Low £618/mo
Realistic £687/mo
Optimistic £756/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 N. Seaton, College Road 0.1 miles
Shop College Food and Wine 0.3 miles
Shop Plumbing Trade Supplies 0.3 miles
Bus stop High School 0.3 miles
Train station Ashington 1.1 miles
Train station Museum Halt 1.3 miles
University Blyth Marine Station 3.9 miles
University Northumbria University Coach Lane Campus 11.5 miles
Hospital Priory Day Hospital 11.7 miles

Street-level crime

Category Count
Violence and sexual offences 76
Anti-social behaviour 58
Criminal damage and arson 25
Burglary 18
Shoplifting 16
Public order 15
Other theft 12
Other crime 8
Drugs 5
Vehicle crime 5
Robbery 2
Possession of weapons 1
Theft from the person 1
Total incidents 242

Within 1 mile during May 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
NCEA James Knott CofE Primary School Primary 0.4 miles (Inspected (no overall grade))
NCEA Bishop's Primary School Primary 0.4 miles Good — 7 Dec 2022
NCEA Duke's Secondary School Secondary 0.5 miles Requires improvement — 24 Jul 2023
St Aidan's Catholic Primary School, Ashington Primary 0.5 miles Good — 1 Feb 2022
NCEA Castle School Other 0.5 miles Good — 19 Jan 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 Terraced House, Milburn Road, NE63 £550/mo 2 0.3 miles OpenRent
2 Bed Flat, Highfield Drive, NE63 £650/mo 2 0.3 miles OpenRent
2 Bed Terraced House, Chestnut St, NE63 £650/mo 2 0.92 miles OpenRent
2 Bed Terraced House, Castle Terrace, NE63 £599/mo 2 1.01 miles OpenRent

Average rent: £612/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.09%
Max investor price (0.8%) £78,125
Target investor price (1%) £62,500
Gross yield 13%
Cost-to-rent ratio 7.7×
Monthly cashflow £311/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 22.4%
  • 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).