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Alston CA9

North East

£145,000
Listed on 20/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
980 sqft

Description

This distinctive two-bedroom cottage, spread over three levels, presents an intriguing opportunity for renovation and investment, situated within a short walk from local amenities. The property boasts traditional wooden sliding sash windows and gas central heating but could benefit from modern updates to maximize its potential. A quaint patio area at the front and a separate garden enhance the outdoor space available for improvement or landscaping. Upon entry, you are greeted by a hallway leading into a spacious living room with an open fireplace, ideal for creating a cozy atmosphere. The layout provides ample storage options, although some modernization could enhance functionality. The lower ground floor features a utility room and kitchen that includes fitted units but may require some refurbishment to meet contemporary standards. The shower room is functional yet dated, offering an opportunity for upgrades that could significantly improve comfort. Upstairs, the two double bedrooms feature charming sash windows that present great prospects for increased natural light and aesthetic appeal. The bathroom currently includes a Jacuzzi bath but may need updates to align it with modern preferences. With the right vision and investment, this cottage could be transformed into a charming retreat or rental property in the beautiful surroundings of Alston, which lies in an Area of Outstanding Natural Beauty with excellent access to nearby attractions.

Investment Analysis

(CA9 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£148/sq ft
Area Average
£187/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£201,748
10% above area average per sq ft
Potential ROI
+9.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (CA9)

Area prices are falling by +30.6% over the last 12 months
3 year growth: -26.5%
5 year growth: 2.5%
Investment Disclaimer: Analysis based on CA9 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

Alston CA9
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£531
Based on a loan of £108,750 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