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See how verdicts work3-bedroom property · CA9 3HS
For saleReduced £15.1k (−8.6%) on 21 JunListed 3682 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Eldon House is a large four story stone-built property located in the center of Alston. On the ground floor is a shop, which is let and above which is a large maisonette arranged over three floors.
The flat has modern double-glazed wooden sliding sash windows and retains original wood floors and features throughout. The property has gas central heating and 2 attic rooms.
Eldon enjoys a prominent position within the market place with easy access for local facilities. Apartment Entrance leads to a small storage area and utility meters.
Stairs up to- First Floor Landing The landing area has doors off to the Kitchen and Living room. There is a window to the rear aspect and stairs up to the next floor with small storage space under.
Living Room 18’8” (5.7m x 3.51m)11’6” Bay window to front aspect, double radiator and doors off to landing.
Kitchen/Diner 16’1(4.92m x 3.84m)12’7” awp A range of floor and wall units, gas boiler, electric cooker point, plumbing for washing machine, double radiator and window to front aspect in the dining area.
Second Floor Landing Doors off to the bedrooms and bathroom and stairs up to the attic rooms. Bedroom 1 10’3”(3.15m x 2.52m)8’3” Window to front aspect and single radiator.
Bedroom 2 11’0”(3.37m x 3.82m)12’6” awp Window to front aspect and double radiator. Bedroom 3 11’3” (3.45m x 2.17m) 7’1” Window to rear aspect and single radiator.
Bathroom 12’0” (3.67m x 1.33m) 4’4” 3 piece suite comprising low level WC wash/hand basin and bath with mixer taps and shower over. Airing cupboard and radiator.
Attic rooms Two pitched roofed beamed rooms with skylights and one with electric storage heater. Services Mains gas, electric, water and drainage.
Tenure We are advised by the vendor that the property is Alston Lease. Additional Information The shop and the flat are both currently let.
The flat produces £6,900 per annum and the shop produces £4,800 per annum, a total gross income of £11,700 per annum.
The shop and/or the flat may be available with vacant possession if vacant possession is required.
The vendor is open to the possibility of splitting the title deed if a buyer is only interested in purchasing the flat or the shop.
Local Information The schools at Alston provide education from the ages of 5-16 years. The town also provides banking services, a dentist, a cottage hospital, doctor’s surgery and fire station.
There are also an abundance of local shops in Alston providing for most everyday needs and a scenic railway. Directions The building is located in the Market Place in Alston.
Viewings are strictly by prior appointment with the sole agent, Pennine Ways Ltd.
To arrange an appointment, please call Haltwhistle or Alston To view more of our properties for sale or to let, please check our website Pennine Ways Ltd is a member of the Property Ombudsman Free market appraisals We will be pleased to provide unbiased and professional advice without obligation on the marketing & current value of your present home.
Just contact one of our offices to request a valuation.
Pennine Ways Ltd for themselves and for the vendors or lessors of this property whose agents they are give notice that (1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract, (2) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them, (3) no person in the employment of Pennine Ways Ltd has any authority to make or give any representation or whatever in relation to this property.
May we also courteously advise that whilst every care is taken to ensure the accuracy of the measurements in these details, please do not incur any expense until you have verified the sizes to your own satisfaction.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Eldon House, Market Place, Alston, Cumbria
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