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See how verdicts work3-bedroom flat · NE66 2SH
Listing removedReduced £45k (−16.4%) on 16 SepListed 95 daysAuction 1 May · ended
Opportunity summary
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About
For Sale via online Auction - A welcoming entrance hall provides access to the accommodation.
Two generously sized double bedrooms are positioned at the front of the property, each enjoying the convenience of a private en-suite.
One is fitted with a walk-in shower, wash hand basin and WC, while the other offers a bath with wash hand basin and WC.
The second bedroom also benefits from dual-aspect windows, allowing plenty of natural light to fill the room.
The centrepiece of the apartment is the spacious open-plan living area, combining the lounge, dining space and fitted kitchen to create a sociable and versatile room.
The kitchen is well-appointed with a range of fitted cabinetry and integrated appliances including an electric oven, fridge, dishwasher and washing machine.
Located towards the rear, the principal bedroom is another spacious double complete with its own en-suite bathroom, featuring a bath, WC, wash hand basin and a built-in storage cupboard.
The apartment retains a wealth of original charm, with elegant sash windows and impressive ceiling heights enhancing its character throughout.
Outside, residents benefit from a shared courtyard together with the rare advantage of two allocated parking spaces, adding further appeal to this delightful home.
Location Alnmouth is one of Northumberland's most picturesque coastal villages, celebrated for its golden beach, colourful waterfront and relaxed atmosphere.
A variety of cafés, restaurants, traditional pubs, independent shops and two golf courses are all within easy reach, making it a highly desirable place to live or visit.
The nearby market town of Alnwick is approximately five miles away and offers a wider range of shopping, leisure and educational facilities.
The A1 provides straightforward road links both north and south, while Alnmouth railway station offers direct rail services to Newcastle, Edinburgh and London, making the village ideal for commuters as well as holidaymakers.
Entrance hall 11' 11'' x 4' 9'' (3.63m x 1.45m) Access to bedroom two and three | Access to living/dining room | Radiator Dining/kitchen 19' 9'' x 21' 7'' (6.02m x 6.57m) Fitted cupboards and worktops incorporating integrated appliances and a 1.5 stainless steel sink | Radiators | Sash windows | Carpet and laminate wood flooring | Part-tiled walls Bedroom three 8' 10'' x 12' 8'' measured into door recess (2.69m x 3.86m) Sash window | Radiators Ensuite bedroom three Bath with mains shower over and glass screen | Ladder style radiator | Close-coupled W.C.
| Wash-hand basin | Part-tiled walls Bedroom two 8' 9'' x 10' 8'' measured into door recess (2.66m x 3.25m) Dual aspect room with three sash windows | Radiators ensuite shower room: Tiled shower cubicle | Close-coupled W.C.
| Ladder style radiator | Part-tiled walls | Pedestal wash-hand basin Bedroom one 11' 8'' x 15' 11'' (3.55m x 4.85m) Three sash windows | Two radiators Bathroom Close-coupled W.C.
| Pedestal wash-hand basin | Part-tiled walls | Bath with mains shower over and glass shower screen | Wall-mounted bathroom cabinet | Access to boiler | Single-glazed window Agents note Please note that an aml fee is chargeable once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas central Broadband: Not known Mobile Signal Coverage Blackspot: No known Issues Parking: Allocated parking space Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Tenure Leasehold. It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 999 years from 01/05/2017 council tax band: Small business rates currently apply (used as a holiday let) but it was previously listed as Council Tax Band D.
EPC rating: Exempt-Grade II listed - However, an EPC is being prepared AL009720/vg/hh/DM/20.07.2026/V.1
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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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About The Sea Chest, Estuary Drive, Alnwick
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