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Steppey Lane, Lesbury, Northumberland, NE66

North East

£575,000
Listed on 23/04/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
2242 sqft

Description

Situated in the desirable village of Lesbury, this expansive four-bedroom bungalow offers an exceptional opportunity for those looking to invest in a property with significant renovation potential. With picturesque views of the estuary, the home is positioned on a spacious plot that features a large garden, ideal for landscaping and outdoor enhancements.

Upon entry, you are greeted by a hallway leading to a kitchen/dining area equipped with white gloss cabinetry and ample granite worktop space. Integrated appliances include an induction hob and oven with microwave facilities, alongside space designated for a fridge freezer. The dining area benefits from patio doors which seamlessly connect the indoor and outdoor spaces, perfect for entertaining or enjoying quiet moments in nature.

A practical utility room adjoins the kitchen providing extra storage and functionality while offering internal access to the garage – enhancing overall convenience.

The sitting room serves as a focal point with its electric fireplace and dual aspect windows framing beautiful estuary views. Adjacent is a dining room that leads into a conservatory, both of which boast direct access to an elevated patio - an excellent spot for relaxing while overlooking the serene surroundings.

The property includes four well-sized bedrooms featuring fitted storage solutions, two bathrooms (one with a sunken bath and another with both shower and bath facilities), and an additional separate WC for added convenience.

Externally, generous wraparound gardens provide privacy through mature hedging and fencing, predominantly laid to lawn with raised patios for outdoor dining options. A sizeable driveway accommodates multiple vehicles, while the garage presents ample storage or transformation opportunities.

Although the property requires modernisation throughout, it offers buyers an exciting canvas to personalise their living space extensively. The location is further supported by good transport links via Alnmouth Train Station and proximity to local amenities in Alnwick - known for its markets, history, and stunning coastal landscapes.

Investment Analysis

(NE66 area)

Below Market Value

This property is priced -2.0% below area average per sq ft

-2.0%
Potential saving
This Property
£256/sq ft
Area Average
£262/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£645,281
10% above area average per sq ft
Potential ROI
-3.0%
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
14%
Properties sold annually

Local Market Trend (NE66)

Area prices are falling by -6.2% over the last 12 months
3 year growth: +3.8%
5 year growth: +12.5%
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

Steppey Lane, Lesbury, Northumberland, NE66
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,037
Based on a loan of £431,250 over 30 years at 3.91% 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.

Stamp Duty Calculator

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