We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · NE66 1YA
Sold STCListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Alnwick, this two-bedroom property offers an excellent opportunity for first-time buyers, young couples, or investors looking to create a home tailored to their own style.
Requiring some updating, the property provides plenty of potential to add value and personalise.
Conveniently located within easy reach of Alnwick's shops, cafés, and local amenities, it also benefits from an allocated parking space, making it a practical choice in this sought-after central location.
ENTRANCE VESTIBULE Entrance door, cupboard housing gas Worcester Combi-boiler, glazed door to living space.
LIVING ROOM 15’8 X 10’8 (4.78M X 3.25M) Double-glazed window and sliding patio doors to garden, radiator, open staircase, open to kitchen area.
KITCHEN 9’11 X 7’3 (3.02M X 2.21) Fitted wall and base units incorporating: single stainless-steel sink, integrated gas hob with extractor hood, integrated electric oven, space for washing machine, space for under counter fridge and freezer.
Double-glazed window, radiator, part-tiled walls. FIRST FLOOR LANDING Double-glazed window, radiator, loft access hatch, storage cupboard, doors to bedrooms and bathroom.
BEDROOM ONE (REAR) 9’2 x 9’5 (2.79m x 2.87m) Double-glazed window, coving to ceiling, radiator. BEDROOM TWO (FRONT) 8’9 x 8’3 (2.67m x 2.52m) Double-glazed window, radiator, coving to ceiling.
BATHROOM Bath, pedestal wash-hand basin, close-coupled WC, electric shower over bath, radiator, part-tiled walls, double-glazed frosted window.
EXTERNALLY Small gravel section to the front of the property Rear garden laid to lawn with a central path and fenced boundaries.
Allocated parking bay at the rear of the property PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains gas Broadband: FTTC 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 Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser COUNCIL TAX BAND: A EPC RATING: D
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs
FAQ
About The Maltings, Alnwick
Explore nearby
