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Townhead, Alston CA9

North East

£125,000
Listed on 15/01/2025

Property Details

Bedrooms
3
Type
House
Area
1194 sqft

Description

Alstonia presents a solid opportunity for those looking to invest in a three-bedroom family home nestled in the historic market town of Alston. While the property is well-maintained with gas central heating and double glazing, it also offers ample potential for updates and personalisation. The inviting entrance leads into a versatile layout featuring a kitchen/diner and two reception rooms, providing space for modern living or entertaining. The sizeable bedrooms upstairs benefit from natural light, while the recently updated shower room adds convenience. With neutral decor throughout, this home provides a blank canvas for further enhancements. Its rear yard and stone outbuilding could be transformed into charming outdoor spaces or additional storage. Positioned within walking distance of local amenities, this property is appealing both as a family residence or an investment project without any onward chain.

Investment Analysis

(CA9 area)

Below Market Value

This property is priced -39.8% below area average per sq ft

-39.8%
Potential saving
This Property
£105/sq ft
Area Average
£174/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£228,532
10% above area average per sq ft
Potential ROI
+52.4%
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
9%
Properties sold annually

Local Market Trend (CA9)

Area prices are stable by -1.7% over the last 12 months
3 year growth: -9.1%
5 year growth: +13.3%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£443
Based on a loan of £93,750 over 30 years at 3.91% 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.

Stamp Duty Calculator

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