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Greensfield Farm Cottages, Greensfield, Alnwick, Northumberland

North East

£250,000
Listed on 17/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1055 sqft

Description

This charming three-bedroom cottage near Alnwick presents an exciting renovation opportunity for those looking to create their ideal home. The property, while requiring modernisation, boasts a spacious rear garden with beautiful countryside views, providing a serene backdrop for outdoor living. Features include uPVC windows and wooden doors, a gravelled driveway for off-road parking, and gas central heating along with essential mains services. Alnwick is steeped in history and culture, offering attractions like Barter Books and the stunning Alnwick Castle and Garden. With excellent transport links to Berwick, Morpeth, and Newcastle, as well as proximity to Alnmouth train station and easy access to the A1 for commuters, this location is both convenient and appealing. The interior begins with an inviting hallway that leads into a bright living-dining area, lit by a large window overlooking the fields. This room features a wood-burning stove that serves as an attractive focal point. Additional storage beneath the stairs enhances functionality. A step-down from the lounge leads into a generous kitchen-diner equipped with ample cabinetry and light from three deep-silled windows. The space is practical yet ready for modernisation; it includes an under-bench oven and electric hob beneath a chimney-style extractor fan. A door from the kitchen allows access to the extensive rear garden. Upstairs, the landing leads to three bedrooms—two spacious doubles with characterful chimney breasts and potential for exposed floorboards—and a single room showcasing countryside views. The family bathroom contains essential amenities but could benefit from contemporary updates. The vast rear garden features both paved areas for dining al fresco and lush lawns bordered by mature shrubs. Two handy storage options provide space for tools or outdoor accessories. With its great layout, desirable location, and ample outdoor space, this property holds significant potential for transformation into a modern family home or investment.

Investment Analysis

(NE66 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£237/sq ft
Area Average
£259/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£300,570
10% above area average per sq ft
Potential ROI
+3.6%
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
41%
Properties sold annually

Local Market Trend (NE66)

Area prices are falling by -2.3% over the last 12 months
3 year growth: +7.5%
5 year growth: +13.7%
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.

Location

Greensfield Farm Cottages, Greensfield, Alnwick, Northumberland
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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