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Ryelea, Alnwick

North East

£416,500
Listed on 09/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1041 sqft

Description

This detached bungalow, nestled in a serene cul-de-sac, occupies a generous plot near Sugar Sands beach. With its peaceful surroundings and proximity to local amenities—including scenic pathways and the beloved Running Fox artisan café—this property is an excellent candidate for renovation or investment. The interior features an open-plan reception area that benefits from large windows, filling the space with natural light while providing lovely views of the garden. This layout enhances the connection between indoor and outdoor living, making it ideal for entertaining. The accommodation includes two spacious double bedrooms equipped with built-in wardrobes, offering a comfortable retreat. The bathroom comes with a modern four-piece suite, including a double shower cubicle to enhance convenience. Outdoor highlights include ample multi-vehicle parking and a single garage. The expansive garden offers a dedicated patio seating area, perfect for social gatherings while soaking up the tranquil atmosphere. This bungalow presents a remarkable opportunity to customize and modernize according to your preferences. With potential plans for extending both the footprint of the home and utilizing loft space—potentially creating up to 3000 sqft of accommodation—there is significant scope for increasing living space. The property would be suitable for both retirees looking for peace and families wanting to escape city life. High-speed 200mb Fibre Broadband adds further appeal for those working from home. While some updating is required, this property's potential makes it an enticing project for those looking to invest in coastal living.

Investment Analysis

(NE66 area)

Above Market Value

This property is priced +51.7% above area average per sq ft

+51.7%
This Property
£400/sq ft
Area Average
£264/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£302,020
10% above area average per sq ft
Potential ROI
-40.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (NE66)

Area prices are falling by +6.9% over the last 12 months
3 year growth: 6.2%
5 year growth: 12.8%
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

Ryelea, Alnwick
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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
£1,526
Based on a loan of £312,375 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