Lovaine Buildings, Alnwick
North East
£110,000
Listed on 29/10/2026
Listed on 29/10/2026
The listing
Property details
Bedrooms
2Type
FlatArea
637 sqftDescription
This two-bedroom first-floor flat is offered with no onward chain in an established residential area of Alnwick, within walking distance of the town centre and Barter Books. Local parks, Swansfield Park Road Primary School and public transport are also nearby, with bus services to Willowburn Retail Park and the leisure centre.
The accommodation includes a rear living room with an inglenook fireplace and a concertina door to the kitchen, a front-facing double bedroom, a further single bedroom and a bathroom. The kitchen has fitted wall and base units, an electric oven and hob, extractor, sink and space for a washing machine and under-counter fridge. Heating is by a mains gas boiler and radiators.
The property is described as needing updating, giving a purchaser scope to refresh the existing accommodation. It is leasehold, with a stated 999-year lease from 1 March 1988, peppercorn ground rent and no service charge; tenure and associated costs should be checked with a legal adviser. On-street parking is stated. The listing also notes mains electricity, water and sewerage, FTTP broadband and no reported mobile coverage issues.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £110,000, this two-bedroom flat is priced at £173 per sq ft, around 33% below the local average—a strong entry point for a buyer looking to acquire and add value. The stone-built property is within walking distance of Alnwick town centre, and the photographs show generally usable rooms with no obvious major structural failure.
The project looks light: a cosmetic refresh of the dated decoration and flooring, with scope to update the compact kitchen and bathroom to suit your taste. The small paved forecourt is functional rather than a private garden, and the visible exterior appears broadly intact.
Key opportunities
- Acquire at a notably low price per square foot relative to the local average.
- Refresh dated decoration and flooring to give the generally usable rooms a more contemporary feel.
- Make the compact kitchen and bathroom your own through selective cosmetic updating.
Key risks
None recorded.
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Transport
Nearest stations
Alnmouth Rail Station
2.7 miles
Train · Lesbury
Acklington Rail Station
7.3 miles
Train · Acklington Station
Chathill Rail Station
8.9 miles
Train · Chathill
Widdrington Rail Station
12.0 miles
Train · Widdrington Station
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£416
Based on a loan of £82,500 over 30 years at 4.45% 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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