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See how verdicts work2-bedroom house · NE66 2SG
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In the very heart of the picturesque coastal village of Alnmouth this rare and exciting opportunity comprises a beautifully appointed two-bedroom first-floor apartment together with the highly regarded ground-floor Bistro 23, offering an exceptional lifestyle and investment opportunity on the stunning Northumberland coastline.
Accessed via a private entrance on Riverbank Road, the apartment welcomes you into an entrance hall with stairs rising to the first-floor accommodation.
The generous open-plan sitting and dining room is flooded with natural light from dual aspect west-facing windows, creating a bright and inviting living space ideal for relaxing or entertaining.
From here, doors lead directly onto a substantial south-west facing rooftop terrace, an exceptional private outdoor space perfect for al fresco dining, summer entertaining or simply enjoying the afternoon and evening sunshine.
The well equipped kitchen features a gas hob, single oven and ample space for white goods, while the current owners have tastefully updated the apartment throughout.
There are two spacious double bedrooms, both enjoying attractive views towards the village church, together with excellent built-in storage cupboards on the landing.
A modern family bathroom completes the accommodation, comprising a bath with shower over, WC and wash hand basin.
Externally, the impressive rooftop terrace provides a peaceful and secluded retreat despite being just moments from the centre of the village.
A secondary staircase offers convenient direct access from the rear lane, enhancing practicality and ease of access.
The property is offered for sale as a whole, incorporating the renowned ground-floor Bistro 23.
The commercial premises comprise a welcoming dining area accommodating approximately 40 covers, a large fully equipped commercial kitchen, storerooms and customer WC facilities.
Successfully established for many years, Bistro 23 enjoys an outstanding reputation, consistently ranking amongst the highest-rated restaurants in Northumberland on Tripadvisor, with a loyal customer base and significant repeat trade.
It represents a turnkey business opportunity in one of the county's most sought-after coastal destinations.
That being said there is some great scope to increase turnover with the business currently only operating on limited hours out of choice.
There is also potential to increase nightly covers at present the owners only sit one cover on a night time.
Properties combining residential accommodation with an established and successful commercial business in such a prime coastal location are exceptionally rare.
Whether seeking a lifestyle change, a thriving hospitality business, or an investment with significant potential, this unique freehold property presents an outstanding opportunity.
Further information regarding the business, trading figures and accounts is available upon request.
Location: Set within an area of outstanding natural beauty on the spectacular Northumberland coast, Alnmouth is widely regarded as one of the region's most desirable villages.
Characterised by colourful period cottages, wide sandy beaches and the tranquil estuary of the River Aln, the village offers a unique blend of coastal charm, vibrant community life and excellent accessibility.
Alnmouth enjoys an enviable selection of independent cafés, award-winning restaurants, traditional pubs, artisan shops and galleries, creating a thriving hospitality scene that attracts visitors throughout the year.
The village is particularly popular with walkers, golfers, sailors and nature lovers, while the beautiful beach, coastal paths and nearby dunes provide endless opportunities for outdoor recreation.
For everyday convenience, residents benefit from a village shop, post office, delicatessen and other essential amenities, while the historic market town of Alnwick is just a short drive away, offering supermarkets, leisure facilities, schools and the famous Alnwick Castle and Gardens.
Alnmouth also benefits from its own railway station on the East Coast Main Line, providing direct connections to Newcastle, Edinburgh and London, making it equally attractive as a permanent residence, holiday home or investment property.
Services Mains gas, electricity, water and drainage. Tenure Freehold Council Tax B
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Riverbank Road, Alnmouth, Northumberland, NE66
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