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See how verdicts work2-bedroom house · NE66 2NA
For saleListed 616 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please Quote Reference KK049 When Enquiring. Part buy ‒ part rent Two bedroom end stone cottage available to purchase from a 50% share at £170,000. Includes shares up to 75%.
Etal Cottage is a spacious home with modern day open plan living, a practical but beautifully fitted kitchen that allows you to cook, wash and prepare meals socially and very much integrated with the rest of the dining room & living room.
The living room window benefits from views over the village church.
The inner hallway provides access to bedroom two and a downstairs shower room thoughtfully designed to make maximum use of the space and to be comfortable and luxurious.
The first floor benefits from a generous house bathroom also fitted with contemporary sanitary and a spacious master bedroom with windows to the front & rear elevation.
A fantastic home within a private development with two parking spaces and a gardens to the front & side.
Built with stone and slate, together with conservation grey windows, the property blends seamlessly into its rural environment, and whilst the design reflects the heritage of the local area, the property is equipped for the future with an Air-source heat pump system.
The internal fittings feature modern profile Oak doors, Silestone kitchen worktops, brushed steel spotlights, switches, sockets, and door furniture fitted as standard South Charlton is typical of a small rural Northumberland village.
Surrounded by beautiful countryside and located just 5 miles North of Alnwick and around the same distance from the picturesque and very popular coastal villages of Craster and Newton-by-the-Sea.
Alnwick and its surrounding areas have been voted as one of the most desirable places to live in the UK and living at St James Close offers all that Alnwick has and more with rolling hills and dramatic views to the coast.
The delights of Northumberland, its castles, coast and countryside are all within easy reach.
And the main A1 arterial route is just a few minutes’ drive away giving easy Access North to Berwick Upon Tweed and Edinburgh and South to Alnwick, Morpeth and Newcastle Upon Tyne.
St James Close hugs the Eastern edge of the village with its private cul de sac with rural views and easy access to the coastal villages of Alnmouth, Warkworth and Amble to the South East and Beadnell, Seahouses and Bamburgh to the North East.
EPC Rating: B Tenure: Leasehold (125 years from 2024). Share Available: 50% (£170,000).
Shared Ownership Rent: £390.00 per month Service Charge: £750.00 per annum Lease Management Charge: £26.42 per month What is Home Reach, shared ownership?
Home Reach is about making home ownership accessible. With Home Reach, you buy a share of your chosen home and pay a low monthly rent on the part you don’t buy.
You get to choose whether you buy a bigger share of a cheaper home or a smaller share of a more expensive home.
You can initially purchase up to 75% of your chosen home and Homereach by Heylo will become your landlord, granting you a lease.
This means you will be able to live in your home as if you’ve bought it outright. You can buy more of your home in the future and stop paying rent on that part.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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