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Little Mill, Howick, NE66

North East

£275,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1278 sqft

Description

Nestled near the scenic hamlet of Howick, Little Mill stands as a compelling investment opportunity that merges the charm of rural and coastal living. Set against an Area of Outstanding Natural Beauty, this property offers serene countryside vibes while being just a brief drive from Alnwick, a historic market town filled with shops, cafes, educational institutions, and recreational options. Accessed via a shared driveway, the property features a welcoming hallway that leads to a spacious sitting room highlighted by an open fire and patio doors that seamlessly connect to the enclosed garden. An additional versatile room on the ground floor can serve as a dining area, home office, or even an extra bedroom according to your requirements. The kitchen is generously sized and comes fitted with shaker-style cabinets that provide ample storage along with enough space for freestanding appliances. Completing the ground floor are practical conveniences like a storage cupboard and a cloakroom/WC. On the first floor, you'll find three bedrooms: two good-sized doubles filled with natural light and pleasant views, alongside a single bedroom perfect for use as a child’s room or study. The family bathroom is functional but would benefit from modernisation. This property is ripe for refurbishment, offering an excellent canvas for those looking to personalise their living space in this sought-after rural setting. The outdoor areas comprise a delightful front garden easily accessible from the sitting room and a second plot across the road that could transform into either an abundant vegetable garden or a quaint cottage garden with some enhancements. An outhouse provides additional storage options ideal for gardening equipment or outdoor furniture. Howick enjoys proximity to beautiful beaches while Alnwick's rich history adds cultural value. Convenient access to transport links makes this location appealing for commuters seeking both tranquillity and connectivity.

Investment Analysis

(NE66 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£215/sq ft
Area Average
£259/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£363,821
10% above area average per sq ft
Potential ROI
+15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NE66)

Area prices are falling by +2.4% over the last 12 months
3 year growth: 8.1%
5 year growth: 16.8%
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.

Location

Little Mill, Howick, NE66
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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
£1,007
Based on a loan of £206,250 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