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Townhead, Alston CA9

North East

£125,000
Listed on 15/01/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1194 sqft

Description

This three-bedroom family home, situated in the charming market town of Alston, presents a unique opportunity for renovation-minded buyers. Set at the top of Front Street, the property boasts proximity to local amenities while providing a canvas for modernization and personalisation. Currently, the home features gas central heating and double glazing, alongside recent updates such as a new Worcester gas combi boiler and a contemporary shower room. Upon entry through an opaque double-glazed door, you're welcomed by a small entrance area leading to a kitchen/diner with ample space and natural light. The kitchen includes essential fittings but could be reimagined for more modern functionality. The reception rooms provide flexible living spaces that could benefit from aesthetic upgrades to enhance their appeal. Upstairs, the bedrooms include built-in storage options and large windows that invite plenty of light. Each room is decorated in neutral tones but offers great potential for interior redesign to reflect personal taste. The external rear yard is modest yet functional and could be transformed into an inviting outdoor area. Overall, given its location in an Area of Outstanding Natural Beauty and within England's highest market town, this property has solid investment potential with the right refurbishment work.

Investment Analysis

(CA9 area)

Below Market Value

This property is priced -41.1% below area average per sq ft

-41.1%
Potential saving
This Property
£105/sq ft
Area Average
£178/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£233,326
10% above area average per sq ft
Potential ROI
+50.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (CA9)

Area prices are falling by -27.4% over the last 12 months
3 year growth: -20.8%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on CA9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Townhead, Alston CA9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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