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Greensfield Farm Cottages, Greensfield, Alnwick, Northumberland NE66 - Image 1
Greensfield Farm Cottages, Greensfield, Alnwick, Northumberland NE66 - Image 2
Greensfield Farm Cottages, Greensfield, Alnwick, Northumberland NE66 - Image 3

Greensfield Farm Cottages, Greensfield, Alnwick, Northumberland NE66

North East

£250,000
Listed on 18/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1055 sqft

Description

This charming 3-bedroom cottage presents a prime opportunity for those looking to invest in a renovation project. Nestled near the historic town of Alnwick in Northumberland, the property features a spacious rear garden and stunning countryside views, making it an ideal canvas for creating a dream home. Although it requires modernisation, the existing structural elements such as uPVC windows, wooden doors, and gas central heating provide a solid foundation for improvements. Inside, the layout includes a welcoming hallway leading to an expansive living-dining room filled with natural light from large windows overlooking scenic fields. Here, future owners can enhance comfort and style around a beautiful wood-burning stove while making use of the built-in shelving and storage space. The kitchen-diner extends across the back of the house and offers ample potential for an upgrade with its functional design. The current setup allows for dining and cooking with ease, yet could be transformed significantly by updating fixtures or enhancing layouts. Upstairs, three bedrooms await – each offering unique character and possibilities for reconfiguration. With two spacious doubles featuring floorboards that can be restored to their former glory, plus a single room with countryside views, this sleeping arrangement provides flexibility to adapt spaces as desired. The family bathroom is functional but ripe for modernisation to create a more contemporary feel. Outside, the sizeable rear garden boasts both paved and grassy areas perfect for entertaining family and friends. With some landscaping efforts and renovation of storage areas already present on-site, it offers further potential to cultivate an enjoyable outdoor living space.

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 NE66
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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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