3-bedroom bungalow · NE66 2NA
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a picturesque hamlet located just outside the historic town of Alnwick in Northumberland, St James Close is an exclusive development, sympathetically designed and in keeping with the well-established cottages within South Charlton.
The development offers the opportunity for spacious modern living within a traditional rural Northumberland village setting.
Elsdon Cottage occupies a corner plot, presenting a façade that is in keeping with the original cottages in the village.
A superb open plan living space incorporates the kitchen area, and enjoys an abundance of natural light from three aspects, particularly through French doors that lead out to the garden on the south facing aspect.
A utility off the main hall provides that much needed ‘out of sight’ laundry space. A double bedroom and shower room complete the ground floor accommodation.
Upstairs there are two bedrooms and a family bathroom that includes a separate walk-in shower as well as a bath.
Built with stone and slate, together with conservation grey windows, the property blends seamlessly into its rural environment, and whilst the design reflects the heritage of the local area, the property is equipped for the future with an Air-source heat pump system which includes under-floor heating on the ground floor and radiators to the first floor.
The internal fittings feature modern profile Oak doors, Silestone kitchen worktops, brushed steel spotlights, switches, sockets, and door furniture fitted as standard.
AGENTS NOTE Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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. However, our client has advised us that there are no issues with mining activities at the site.
MATERIAL / CONSTRUCTION We have been informed that the property is timber framed ACCESSIBILITY This property has level access and wide doorways TENURE Freehold – It is understood that this property is a managed freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Monthly maintenance charge: £85 The roads and footpaths are private and are within the managed areas. COUNCIL TAX BAND: TBC EPC RATING: B
Value & comps
No previous sales on record.
Returns
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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 Elsdon Cottage, South Charlton Alnwick
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