Sold STC Flat

21 MILLBANK CRESCENT

BEDLINGTON, NORTHUMBERLAND NE22 5QJ

2 beds 1 baths 71 m² Listed 25 Sep 2024 (-626d)

£74,950

Reduced on 23 Nov 2024

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Front External Kitchen Bedroom One Rear External Inner Hallway Under Stair Storage Lounge Kitchen Kitchen Additional Image Bathroom Energy Performance Certificate Bedroom Two Additional Image Bedroom Two

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Property details

Tenure

LEASEHOLD

Floor area

71 m²

Council tax band

A

Last sold

£64,000 Aug 2014

Local average

£79,214 (-5.4%)

Deprivation

Decile 4 (12,076 of 33,755)

Street crime

129 incidents within 1 mile (Apr 2026)

Key features

  • Two Bedroom
  • Ground Floor Flat
  • Investment Opportunity
  • Kitchen
  • Lounge
  • Rear Yard
  • Town Garden To Front
  • No Onward Chain
  • Bathroom
  • Popular Location

Additional details

Parking
Yes
Garden
Yes

Description

* TWO BEDROOM - GROUND FLOOR FLAT - KITCHEN - LOUNGE - BATHROOM - REAR YARD - CLOSE TO TOWN CENTRE - MUST BE VIEWED - EPC GRADE D *

Mike Rogerson Estate Agents are pleased to bring to the market this two bedroom ground floor flat located in the highly sought after Millbank Crescent area in Bedlington. Ideally situated with close proximity of local amenities, local bus routes and schools. This spacious ground floor flat would make an ideal purchase for those looking in the area as a first time buyer or investor. With generous room sizes throughout.

The property comprises of entrance hallway, two bedrooms, lounge, kitchen and family bathroom. Externally to the rear there is a yard and to the front is a small town garden.

The property benefits from double glazing and gas central heating!

We would encourage anyone interested to arrange viewing via our Bedlington Office!

Listed by

Bedlington

Mike Rogerson Estate Agents

Reference: 152969171

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC Graph

EPC Graph

FENSA Certificates

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

FENSA Certificate #8440971

Property Details

Street: 21 Millbank Crescent

Town: BEDLINGTON

Postcode: NE22 5QJ

Installation Details

Items: 6 windows and 1 door

Certificate Issued: 10/10/2011

Work Completed: 15/09/2011

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

Event Date Price % change
Sold 29/08/2014 (11 years ago) £64,000

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
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 16 MILLBANK CRESCENT, BEDLINGTON, NORTHUMBERLAND, NE22 5QJ £72,000 26/01/2022 Other
Same street 17 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 0.6 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).