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See how verdicts workHouse · NE66 5PX
For saleListed 563 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive terrace of three cottages for sale as a single lot. Constructed of stone under slate roofs, the cottages are currently vacant and require complete refurbishment throughout.
An opportunity exists, subject to necessary consents, to demolish the existing buildings, redesign and build larger units that would enjoy more of the site, space, gardens and views that are available.
The property stand in gardens and grounds extending to 0.4 hectare (0.9 acre). There is currently mains water, drainage and electricity to the existing buildings.
The property is situated in the heart of Chatton Village and enjoys panoramic views of the surrounding hills and countryside.
Lying in picturesque Glendale near the Cheviot Hills, in the northern part of Northumberland, Chatton is a small rural village.
Situated in a valley on the river Till, which rises south of the Cheviots. Chatton is 5 miles southwest of Belford and 5 miles east of Wooler.
The highly rated Percy Arms Inn is in the heart of the village and serves excellent food and real ales.
Next door is the village shop, stocking local produce, take away food & drink and all your everyday essentials. The Village Hall doubles as a venue for get-togethers and events.
The also calendar exercise and craft classes. A well-equipped gym for exclusive use by paid-up Gym Members.
Chatton has its own trout fishery with public access, a small art gallery and The Church of the Holy Cross.
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 Orchard Cottages, Old Road, Chatton, Alnwick, Northumberland
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