Alnwick, Northumberland, NE66
GR

Alnwick, Northumberland, NE66

By Greetham Gilbert

£ 260,000

Reviews

2 out of 5 stars

Greetham Gilbert says ..

Prominent grade II listed property with four flats, retail unit, workshop, and basement. Ideal investment opportunity in affluent Alnwick, offering potential for updating and rental income

Property Oracle says ..

The property is a terraced house on Fenkle Street, Alnwick, listed at £260,000. It boasts 6 bedrooms and 4 bathrooms. The location is central in Alnwick, a town in Northumberland. Several schools are within a kilometer radius, including Swansfield Park Primary School (Outstanding Ofsted rating) and St Michael’s Church of England Primary School (Good Ofsted rating), suggesting a family-friendly environment. Alnmouth train station is approximately 8.23 km away, providing a transportation link. The average house price in the area is significantly higher (£549,545), and the average price per square foot is £426. However, the provided data lacks the square footage of the subject property, making a direct comparison challenging. Nearby properties on Fenkle Street and adjacent streets show a range of prices, with some significantly lower than the listing price and others comparable, suggesting that the list price could be competitive depending on the size and condition of the property.

The images reveal a property that is in need of significant renovation in several areas. Some rooms have been updated with modern fixtures and finishes, yet others show signs of disrepair, such as damaged walls and outdated fittings. The overall condition is inconsistent, with some areas appearing modern and others requiring considerable work. There is no evidence of a garden or outdoor space.

Given the inconsistent condition of the property, the lack of plot size information, and the significant difference between the listing price and the average house price in the area, a precise evaluation of the price’s reasonableness is not possible without additional data. Further information on the square footage and a detailed assessment of the required renovations would be essential for a complete analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
5
Location
8
Land
0
Bedrooms
6
Bathrooms
4

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
625,000.00 £
Increased by 9.15 %
from 572,608.00 £
Average area rental value
1,525.00 £/mo
Increased by 1.26 %
from 1,506.00 £/mo
Est rental Yield
2.93 %
Decreased by 7.28 %
from 3.16 %
Crime Rate
91.00 %
Unchanged by 0.00 %
from 91.00 %

Agent Activity

  • Greetham Gilbert created the listing.

Nearby Schools

NameTypeOfstedDistance
Barndale House SchoolCommunity Special SchoolRequires improvement0.59 KM
St Michael'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.64 KM
Alnwick/Rothbury Children'S CentreChildren's Centre0.64 KM
Swansfield Park Primary SchoolCommunity SchoolOutstanding0.65 KM
St Paul'S Catholic Primary School, AlnwickAcademy Converter1.47 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bilton Cottages £ 000.00 KM
Percy Street £ 325,00000.00 KM
King Street £ 90,00000.00 KM
Hotspur Street £ 000.00 KM
Armstrong Place £ 375,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Alnmouth7787ALM8.23 KM

Nearby Listings

AddressPriceTypeScoreDistance
Alnwick, Northumberland, NE66 £ 260,000BUY5 / 100.00 KM
22 D-E Fenkle Street, Alnwick, Northumberland £ 180,000BUY8 / 100.02 KM
Fenkle Street, Alnwick, NE66 £ 140,000BUY5 / 100.03 KM
Paikes Street, Alnwick, Northumberland, NE66 £ 375,000BUYUnknown0.04 KM
Narrowgate, Alnwick, Northumberland, NE66 £ 175,000BUYUnknown0.06 KM

Nearby Properties

AddressPriceDistance
26 Fenkle Street £ 150,0000.03 KM
28a Fenkle Street £ 135,0000.03 KM
30 Narrowgate £ 250,0000.06 KM
16a Narrowgate £ 220,0000.06 KM
5c Paikes Street £ 149,0000.08 KM