2-bedroom flat · NE66 1JG
Sold STCListed 112 days
Opportunity summary
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About
A beautifully presented and refurbished, two bedroom upper floor maisonetteapartment, circa 1800, located in a superb central location off Narrowgate, above an independent shop, with roof tops views to Alnwick Castle at the rear, a shared courtyard area, and gated secure entry - an ideal main, second home or investment property - No Upward Chain.
The apartment, one of only four individual properties on the period terrace mews has seen many improvements over the last 14 years which include; 'Allan Brothers ofBerwick', new timber tilt & turn windows, new Wifi controlled electric heating system installed, withunder floor heating to the bathroom & kitchen, and a new consumer unit fitted 2020, quality 'Dickinson' fitted blinds throughout, high quality 'Axminster' carpets fitted, new LED lighting, and complete redecoration throughout.
The charming apartment is located on the first and second floor of this quietmews terrace which overlooks Narrowgate - the property is self contained with a secure door & entrance off Narrowgate to the Mews, and its own private entrance/front door to the apartment.
On street permit parking available in various town centre locations and attractive shared courtyard area to the rear.Ground floor - Entrance vestibule with a staircase to the first floor landing - with access from the landing to the sitting room and bathroom, excellent views over the roof tops from the stairwell to Alnwick Castle at the rear, and access to the insulated loft | Laundry cupboard with plumbing for a washing machine.
First floor - Lovely size sitting room with two windows, with shutters, overlooking Narrowgate, a feature marble fireplace, bespoke stained glass panel to the side of the door, and a concealed staircase to the second floor bedrooms - an arch opens to the Kitchen/dining room | Well appointed kitchen/dining room fitted with a range of cabinets with quartz worktops, a Belfast style sink, and integrated oven, induction hob, dishwasher, and fridge - a window with shutters overlook Narrowgate to the front | Superb bathroom with a double ended bath with shower over, wash hand basin in a vanity cabinet, WC, and cupboard housing the water tank.
Second floor - Impressive and generous double bedroom, with dual aspect windows with views to the Castle & Narrowgate and built in wardrobes to one wall | Smaller guest bedroom two with a window to Narrowgate and built in wardrobes and drawers.
Externally - the apartment is accessed via a secure door from Narrowgate, to a quiet shared courtyard/passageway serving the all four dwellings in the terrace | Private door and entrance | Permit and on street parking available close by.
A beautifully presented apartment is located in this historic part of Alnwick opposite the 'Harry Hotspur' statue, close to Bailiffgate Museum, Alnwick Castle, the Pastures and Hulne Park and St Michael's Church - and only a short walk from the 'Cookie Jar' boutique hotel, the recently opened 'Bailiffgate Hotel, as well as the many independent shops, cafes/ bars and restaurants in the town centre.
Services: Mains Electric, Water & Drainage | Wifi controlled electric wall heaters | Tenure: Leasehold | Council Tax: Band A | EPC: E Lease: 999 Years from 2012 | Lease Term Remaining: 987 years | Expiry date: 3013 | No Ground Rent | No Service Charge
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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About Flat 1 The Mews, Narrowgate, Alnwick, Northumberland
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