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Market Place, Belford, Northumberland, NE70 7ND - Image 1
Market Place, Belford, Northumberland, NE70 7ND - Image 2
Market Place, Belford, Northumberland, NE70 7ND - Image 3
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Market Place, Belford, Northumberland, NE70 7ND

North East

£240,000
Listed on 31/12/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
2013 sqft

Description

This substantial mixed-use property is ideally situated in the heart of Belford, a historic Northumberland village with significant potential for renovation and investment. Comprising a large ground floor retail space, a one-bedroom maisonette, and an expansive stone outbuilding, this versatile property offers an exciting opportunity for redevelopment. With the possibility to convert existing structures into three to four self-contained residential units (subject to local authority consent), investors can capitalize on the high demand for holiday rentals in this picturesque area. The retail unit has previously supported multiple business types, showcasing its adaptability and prime location with excellent street frontage. The maisonette features a comfortable layout with a vaulted ceiling lounge, kitchen, en-suite wet room, and courtyard access, while the outbuilding provides extensive workshop and garage space alongside an attic that could be transformed into additional living accommodation. Externally, the property boasts a private walled garden and a separate garden office—both of which enhance the potential for outdoor living and workspace. Located within easy reach of local amenities and stunning coastal destinations like Bamburgh Castle and Budle Bay, this property represents an invaluable chance for those looking to invest in Northumberland's real estate scene. The presence of parking bays currently benefiting nearby businesses may also support future development plans.

Investment Analysis

(NE70 area)

Below Market Value

This property is priced -49.5% below area average per sq ft

-49.5%
Potential saving
This Property
£119/sq ft
Area Average
£236/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£523,018
10% above area average per sq ft
Potential ROI
+45.3%
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
15%
Properties sold annually

Local Market Trend (NE70)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on NE70 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

Market Place, Belford, Northumberland, NE70 7ND
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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
£879
Based on a loan of £180,000 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