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Hipsburn Farm Cottages, Lesbury

North East

£250,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1174 sqft

Description

Nestled in the desirable Hipsburn area, this stone end-of-terrace home presents a significant renovation and investment opportunity. Its strategic location near Alnmouth Railway Station allows for easy commuting and access to the quaint towns of Alnwick and Amble, making it an attractive option for both families and investors. The property features three bedrooms, including two doubles and a single, offering flexibility for various living arrangements. Two generously sized reception rooms add to the potential for creating distinct living spaces; the primary lounge is bright with large windows that frame lovely views of a long garden, while the second room could serve as a quiet home office or playroom. At the heart of this home is a functional kitchen with ample base units and space for essential appliances. A family bathroom on the first floor completes the accommodation. The expansive garden not only enhances outdoor living but also provides opportunities for landscaping or extension (subject to planning permission), reflecting its full investment potential. Surrounded by greenery and recreational pathways ideal for walking and cycling, this property combines rural charm with practical accessibility. Offered with no onward chain and requiring some refurbishment, it represents an excellent chance to customize your living space while adding value through thoughtful updates. Additional conveniences include off-street parking in a rear yard, further enhancing its appeal for everyday life. This property is ready for someone looking to create their ideal home in a picturesque setting with strong potential for capital growth. Early viewings are advised to appreciate the possibilities this space holds.

Investment Analysis

(NE66 area)

Below Market Value

This property is priced -19.0% below area average per sq ft

-19.0%
Potential saving
This Property
£213/sq ft
Area Average
£263/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£339,638
10% above area average per sq ft
Potential ROI
+17.1%
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

Hipsburn Farm Cottages, Lesbury
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