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See how verdicts work2-bedroom flat · NE66 1PR
Sold STCReduced £10k (−5%) on 26 OctListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the heart of Alnwick is this stunning two double bedroom top floor flat. The property offers spacious accommodation across two floors and features views of Alnwick castle.
The property is located a stones throw away from Alnwick gardens and Lilidorei, both popular tourist attractions. Upon entering, you are welcomed into the entrance hall.
Off the entrance hall is the kitchen which comprises ample wall and base units, an integrated dishwasher, microwave, fridge and freezer.
You have the lounge diner which is dual aspect, allowing the natural light to flood the space creating a light and airy feel.
The property comprises two double bedrooms, the master boasts an en-suite with a walk in shower, close coupled W/C and a pedestal wash hand basin.
Additionally, there is a family bathroom which has a bath, close coupled W/C and a pedestal wash hand basin.
To the second floor is the belvedere look out point which provides amazing views of Alnwick, including a view over Alnwick castle.
This is currently set up as a dining area and provides space for a table and chairs. Externally, there is an allocated parking space and shared bin store.
The property is currently used as a successful holiday let but would also present an ideal small home or a perfect lock up and leave second home.
Location: The property is located on Bondgate Without, in the heart of Alnwick.
The historic market town of Alnwick provides a wide range of amenities, including a variety of shops, restaurants, hotels, traditional pubs, a theatre/cinema, a leisure centre with swimming pool, and schools catering for all age groups.
Perfectly situated for exploring North Northumberland’s stunning coastline, Alnwick offers easy access to miles of sandy beaches, charming harbour villages, and magnificent historic castles.
Excellent transport links include the nearby A1 trunk road, connecting north to Berwick and Scotland, and south to Morpeth and Newcastle upon Tyne, while further commuting options are available from the Main East Coast Railway Station at Alnmouth.
Services Mains electricity, water and drainage. Gas central heating. Tenure Leasehold. 999 years from 1st January 2004. Service charge circa £2000pa. Council Tax Small business rates
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.
Area
Agent & docs
FAQ
About Bondgate Without, Alnwick, Northumberland, NE66
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