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Upper Howick Street, Alnwick, Northumberland

North East

£240,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1296 sqft

Description

This stone terraced house offers a surprisingly spacious layout with three double bedrooms, situated in the vibrant heart of Alnwick. Just a short stroll from the town center, residents will enjoy easy access to a variety of shops, cafes, bars, and restaurants, making it an appealing location for both homeowners and potential tenants. While the property requires some updating and modernization, it presents a unique opportunity for renovation enthusiasts or investors looking to enhance value. The house features traditional timber windows and is equipped with gas central heating. A small rear courtyard provides an outdoor space that could be revitalized into a quaint garden area or private retreat. Upon entering, you'll find an entrance hallway that sets the tone for this inviting home. The ground floor includes a sitting room characterized by high ceilings adorned with decorative coving and an electric fire framed by wood detailing. The generous kitchen/dining area boasts a range of cabinets alongside a gas hob and integrated electric oven, while a window overlooks the rear yard. Conveniently, there is also a utility room equipped with plumbing for laundry appliances. The first floor landing leads to three well-proportioned double bedrooms; two feature built-in wardrobes providing practical storage solutions. An internal shower room completes this level, featuring contemporary amenities like a mains shower and additional fixtures. Externally, the enclosed rear courtyard offers privacy and has gated access to the lane behind—an ideal spot for securing bikes or outdoor equipment. On-street parking is readily available. Having been tenanted for several years, the property will be vacant upon completion, allowing for immediate renovations or re-letting without delay. With mains electricity, gas, water, and drainage services already connected, this house could easily be transformed into a desirable residence or investment opportunity in a sought-after location.

Investment Analysis

(NE66 area)

Below Market Value

This property is priced -29.6% below area average per sq ft

-29.6%
Potential saving
This Property
£185/sq ft
Area Average
£263/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£374,933
10% above area average per sq ft
Potential ROI
+41.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NE66)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 10.3%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on NE66 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.

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Location

Upper Howick Street, Alnwick, Northumberland
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