Victoria Crescent, Alnwick NE66
North East
£220,000
Listed on 12/09/2026
Listed on 12/09/2026
The listing
Property details
Bedrooms
3Type
Semi DetachedArea
1870 sqftFeatures
- Garage
- Garden
Description
This freehold mixed-use property in Alnwick combines a former fish and chip shop with a three-bedroom duplex apartment, each with separate access. The ground-floor commercial space includes a customer counter, preparation areas and ancillary rooms. It could be brought back into food use or adapted for another commercial purpose, subject to the necessary consents.
The apartment is arranged over two floors and includes a lounge, kitchen, three bedrooms and a bathroom. The listing describes the kitchen as modern and fitted with contemporary units, work surfaces and tiled splashbacks. The residential accommodation may suit an owner-occupier or provide a separate rental stream alongside the commercial unit.
Side access leads to a private garden area, and the property also has a substantial double garage with storage or workshop potential. The property is positioned opposite a Co-op and within walking distance of Alnwick town centre and local amenities. Alnmouth railway station is around three miles away, with road connections via the A1. Any alternative commercial use or additional income from the garage would be subject to relevant permissions and consents.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
81out of 100
Grade AStrong opportunity
Confidence: MEDIUM
At £220,000, this substantial mixed-use property is priced at about £118 per sq ft, around 54.5% below the local average—a strong acquisition opportunity for a buyer seeking both residential and commercial space. The three-bedroom duplex appears clean and recently refreshed, while the former fish-and-chip shop, substantial double garage and private garden offer scope to shape the property around a business, rental or other suitable use. The apartment’s contemporary kitchen and bathroom are a particular plus.
Key opportunities
- Acquire residential and commercial space together at a notably low asking price per square foot relative to the local average.
- Explore reinstating or adapting the former food premises, with separate residential and commercial access.
- Improve the usability of the paved garden and make use of the substantial double garage for storage or workshop purposes, subject to any necessary consents.
Key risks
- Water staining is visible on the garage/storage ceiling; establish its source and the repair scope.
- The commercial fit-out and equipment may need alteration depending on the intended business or alternative use.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£831
Based on a loan of £165,000 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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