3-bedroom terraced house · NE65 0XE
Sold STCListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a tucked away and tranquil position alongside the River Coquet, a stunning three bedroom stone cottage situated in the historic and highly regarded village of Warkworth with its 13th century Castle and Hermitage.
Overlooking St. Lawrence Church with access down to the riverbank and path, this idyllic setting is the backdrop for this beautiful home.
This delightful cottage which is full of charm and character offers excellent living space throughout and with the boutique shops, cafes, pubs and restaurants of the village centre on the doorstep we would recommend an internal inspection to fully appreciate this excellent opportunity for buyers looking for a primary residence or as an investment for a second home or holiday let.
The current owners access the property from the rear and the accommodation briefly comprises to the ground floor: entrance lobby with door to the utility room/w.c.
Door to a dining kitchen with an ample range of units and a chimney breast with inset Aga.
From the entrance hall, with stairs to the first floor, the lounge is spacious with a bay window and glazed door to the patio area to the front and an open fireplace with surround, marble inset and hearth.
To the first floor from the landing all the bedrooms are of a generous size, the main bedroom having a shower cubicle.
An en-suite can be created in this bedroom due to be located next to the bathroom in respect of location of plumbing. There is a main bathroom which is well appointed and spacious.
Outside to the front the patio area provides a lovely space to sit and enjoy the warmer months of the year and there is a gated access to the river pathway.
To the rear there is a further patio area fully enclosed with a flowerbed and useful storage outbuilding. The gate to the rear patio leads to a ginnel used by just three properties on St.
Lawrence Terrace and to the lane. Warkworth is a village steeped in history with a strong sense of community.
There are several social groups in the village and the Castle hosts many events throughout the year.
Whilst there is a local post office in Warkworth with some day to day grocery supplies, the larger harbour town of Amble has a good selection of shops, supermarkets along with coffee shops and restaurants.
Amble Harbour Village with its retail pods, Little Shore Beach and Pier is worth a visit and the harbour car park holds a Sunday market.
For a wider choice and high street shops, Alnwick and Morpeth are within easy reach.
There are bus services through Warkworth to the larger towns with connections further afield and the local train station in Alnmouth provides services to Edinburgh, Newcastle and beyond.
The main A1 links the north and south of the county with motorway links throughout the country. A fabulous property in a lovely location which will be a perfect choice for many types of buyers.
We would recommend an early internal inspection to fully appreciate this endearing cottage.
ENTRANCE HALL LOUNGE 16' (4.88m) into bay x 14'1" (4.29m) max DINING KITCHEN 20'9" (6.33m) max x 12'3" (3.73m) max REAR LOBBY UTILITY ROOM/W.C.
11'5" (3.48m) into recess x 7'6" (2.29m) max LANDING BEDROOM ONE 12'10" (3.91m) max x 12' (3.66m) max BEDROOM TWO 12'2" (3.71m) max x 12' (3.66m) max BEDROOM THREE 8'7" (2.62m) max 8" (2.44m) max BATHROOM PATIO GARDENS AND OUTBUILDING PRIMARY SERVICES SUPPLY Electricity: MAINS Water: MAINS Sewerage: MAINS Heating: MAINS Broadband: BROADBAND TO PROPERTY Mobile Signal Coverage Blackspot: NO Parking: NO PARKING AGENTS NOTE: The loft is fully insulated and boarded.
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.
RISKS Flooding in last 5 years: NO Risk of Flooding: VERY LOW Any flood defences at the property: NO Coastal Erosion Risk: LOW 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: C EPC RATING: tbc
Value & comps
No previous sales on record.
Returns
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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.
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