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See how verdicts work3-bedroom semi-detached house · NE66 3AH
Listing removedListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent three bedroom, semi detached house in a lovely position on Lacey Street, with a large east facing rear garden with open aspect views over the playing fields towards the coast - the ex RAF quarters, requiring some cosmetic updating, benefits from a wider plot with a block paved driveway for 2-3 cars, leading to a detached double garage, with a Garden room/conservatory to the rear along with a useful garden store and 14 Solar Panels to the roof.
The semi detached house, lived in by the current family for over 30 years, is ideally placed for lovely walks to the beach and Sugar Sands, and to the nearby village amenities including First School, Co-op supermarket, 'Running Fox' and village cafe, historic Church and village hall.
The 'Fishing Boat Inn' in nearby Boulmer is located overlooking the sea and coast.
Ground floor - Entrance hallway with stairs to the first floor, under stairs storage cupboard and small cloaks cupboard | Sitting room with two windows to the front | Open plan L shaped kitchen /dining room with a door opening to the garden and decorative beams to the ceiling | Kitchen fitted with a range of cabinets with integrated hob, oven, microwave and plumbing for a washing machine and tumble drier.
First floor - First floor landing with loft access | Double bedroom one with views over the garden to the coast, and an electric shower | Double bedroom two | Double bedroom three | Bathroom with a bath with electric shower over, WC and wash hand basin.
Externally - Detached double garage with an up and over door, power and lighting | Impressive & versatile Garden room and garden store located to the rear of the garage | Block paved driveway for 2-3 cars | Lawned front and rear garden with views over the fields to the rear, mature trees and shrubs to the boundary | 14 Solar panels producing energy and income from the feed in tariff to the National Grid.
Approximate distances : Boulmer & sea 1.8 miles - Alnwick 4.5 miles - Alnmouth Railway Station 3 miles - Morpeth 23 miles - Newcastle upon Tyne - 37 miles Services: Mains Electric, Gas, Water & Drainage | Gas Central Heating | Solar Panels | Tenure: Freehold | Council Tax: Band A | EPC: C
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
Agent & docs
FAQ
About Lacey Street, Longhoughton, Alnwick, Northumberland
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