3-bedroom semi-detached house · NE66 3TR
Listing removedListed 692 days
Opportunity summary
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About
Maggie’s Den is located within the heart of the charming fishing village of Craster.
A successful holiday let over the past four years the property offers accommodation across two floors and could also make a lovely second home/primary residence.
The gross predicted income for 2025, based on previous years bookings and price increases, is estimated to be approximately £180,000.00, combined with Toms Hideout.
Craster is a coastal village in Northumberland with easy access to the A1 and 6 miles north-east of the town of Alnwick.
The village boasts an array of attractions including the green haven of the Arnold Memorial Nature Reserve, seaside inspired art in The Mick Oxley Gallery, the famous ruins of Dunstanburgh Castle which are accessible via shore side paths and an array of local pubs and cafes to relax in after a long day of exploring your new home.
With its steady demand and enduring appeal, Craster continues to be a sought-after location on the Northumberland coast.
Nearby Alnmouth offers railway transport both North and South as well as its close proximity to the A1 making it attractive for commuters to Edinburgh, Newcastle Upon Tyne and further afield.
On entering the hallway leads into the open plan kitchen/dining/sitting room.
Boasting a fully fitted kitchen including electric hob, combination microwave, oven, warming drawer, dishwasher and fridge/freezer.
The large island with seating and separate space for dining table make this a great space for entertaining.
The freestanding Dunsley wood burner with stone surround offers a cosy finish to the sitting room with arched windows overlooking the harbour.
In addition to the ground floor is a utility room with integrated washer/dryer, sink and storage as well as a separate WC.
Stairs lead to the first floor where there are three well proportioned bedrooms. The master bedroom benefits from an ensuite comprising free-standing copper bath, wall hung basin and WC.
The second bedroom boasts an ensuite with walk in rainfall shower, WC and wash hand basin. There is a separate shower room off the landing with WC and wash hand basin.
Externally the property boasts a yard at the front with space for seating and car parking.
Large arched windows overlook the harbour out to sea offering fantastic location whether it be a family home or holiday let.
Maggie’s Den offers an excellent opportunity to purchase a successful holiday let with contemporary finishes yet retains characterful details throughout.
Furniture would be available by separate negotiation. Services included electric heating, mains water and mains drainage.
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.
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FAQ
About Maggies Den, Haven Hill, Craster, Northumberland, NE66
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