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Front Street, Alston CA9 - Image 1
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Front Street, Alston CA9

North East

£120,000
Listed on 18/03/2025

Property Details

Bedrooms
1
Type
Detached house
Area
1227 sqft

Description

Nestled in the heart of Alston, this Grade II listed cottage offers a unique opportunity for renovation and investment. Spanning three levels, the property maintains many charming original features while presenting an ideal canvas for modernization. The spacious layout comprises a well-proportioned living room on the first floor, highlighted by large sliding sash windows that frame a picturesque view of Town Hall Green. A stone fireplace with a Victorian cast iron insert adds character, complemented by generous stair access to the upper and lower floors. The kitchen, located at the rear, presents potential for reconfiguration. It is fitted with traditional oak units and laminate work surfaces, along with space for modern cooking appliances. The adjoining bathroom features a corner bath with a shower overhead and essential fittings, providing basic amenities that could be updated to enhance comfort and functionality. The expansive bedroom on the second floor showcases exposed beams and dual front-facing windows, creating an inviting atmosphere that could easily become a tranquil retreat with some thoughtful upgrades. Below, the ground floor hosts a utility area leading into a workshop—an excellent space that can serve as storage or potentially be converted into additional living quarters. Externally, there is scope for improvement with the property's manageable outdoor space and storage shed conveniently located beneath the front steps. This setting allows for creativity in landscaping or outdoor entertaining spaces. Located in Alston—the highest market town in England—this property benefits from its surrounding natural beauty within the North Pennines Area of Outstanding Natural Beauty. With nearby access to cultural attractions, shops, cafes, and recreational activities including skiing at Yad Moss and scenic hiking trails, it stands as an attractive proposition for both personal use and rental potential. The growing interest in Alston's unique charm makes this property not only a home but also a strategic investment opportunity poised for future appreciation. Alston's tight-knit community includes diverse local services such as convenience stores featuring quality local produce, artisan shops offering unique goods, and historical sites tied to its rich mining past. Accessibility to major routes means you’re just hours away from popular destinations like Penrith and Ullswater in the Lake District. This cottage represents not merely a residence but an opportunity to curate your vision while becoming part of Alston’s vibrant landscape.

Investment Analysis

(CA9 area)

Below Market Value

This property is priced -47.7% below area average per sq ft

-47.7%
Potential saving
This Property
£98/sq ft
Area Average
£187/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£252,596
10% above area average per sq ft
Potential ROI
+68.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CA9)

Area prices are falling by +30.6% over the last 12 months
3 year growth: -26.5%
5 year growth: 2.5%
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

Front Street, Alston CA9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE