3 Bed Terraced House, Single Let, Alston, CA9 3SQ, £150,000

13 Battle Hill, Hexham, NE46 1BA - 2 views - a month ago

Leasehold

BTL

ROI: 4%

~93 m²

+8 photos

ValuationUndervalued

Sold Prices	£130K - £470K
Sold Prices/m²	£1.4K/m² - £2.7K/m²

Square Metres	~93 m²
Price/m²	£1.6K/m²
Value Estimate	£187,500£187,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£8,700£8,700
Total Cash In	£46,200£46,200

Cash Out
Rent Range	£650 - £1,800£650 - £1,800
Rent Estimate	£825
Running Costs/mo	£654£654
Cashflow/mo	£171£171
Cashflow/yr	£2,055£2,055
ROI	4%4%
Gross Yield	7%7%

Local Sold Prices

11 sold prices from £130K to £470K, average is £215K. £1.4K/m² to £2.7K/m², average is £2K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£130K	11/21	0.12 mi	Richmond, Nenthead Road, Alston, Cumbria CA9 3SN	£1,444	90	3	Terraced House
£325K	12/21	0.14 mi	White House, Front Street, Alston, Cumbria CA9 3HU	£2,044	159	3	Terraced House
£325K	12/21	0.15 mi	White House, Front Street, Alston, Cumbria CA9 3HU	£2,044	159	3	Terraced House
£179.9K	01/21	0.15 mi	Memory Cottage, Kings Arms Lane, Alston, Cumbria CA9 3JF	£1,800	100	3	Semi-Detached House
£220K	10/21	0.19 mi	Cardean, Station Road, Alston, Cumbria CA9 3HZ	-	-	3	Semi-Detached House
£220K	10/21	0.2 mi	Cardean, Station Road, Alston, Cumbria CA9 3HZ	-	-	3	Semi-Detached House
£215K	10/22	0.22 mi	2, Fairhill Cottages, Alston, Cumbria CA9 3UG	-	-	3	Terraced House
£170K	07/23	0.3 mi	3, Clitheroe, Alston, Westmorland And Furness CA9 3TJ	£1,560	109	3	Terraced House
£175K	09/21	0.41 mi	2, Low Byer Park, Alston, Cumbria CA9 3JW	£2,612	67	3	Semi-Detached House
£175K	09/21	0.41 mi	2, Low Byer Park, Alston, Cumbria CA9 3JW	£2,612	67	3	Semi-Detached House
£470K	03/22	0.59 mi	Uplands, Wardway, Alston, Cumbria CA9 3AP	£2,655	177	3	Detached House

Local Rents

8 rents from £650/mo to £1.8K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£850	03/24	0.09 mi	Nenthead Road, Alston, CA9	3	Flat
£850	03/24	0.1 mi	Nenthead Road, Alston, CA9	3	Terraced House
£650	11/24	0.18 mi	-	2	Flat
£1,600	03/24	2.29 mi	-	2	Bungalow
£1,600	03/24	2.29 mi	Lovelady Lane, Alston, CA9	2	Flat
£1,800	03/23	2.29 mi	-	3	Bungalow
£1,800	03/23	2.29 mi	-	3	Bungalow
£1,600	03/25	2.31 mi	-	2	Detached House

Local Area Statistics

Population in CA9	2,1322,132
Town centre distance	0.56 miles away0.56 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	10.89 miles away10.89 miles away

Rental growth (12m)	+3%+3%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+56%+56%

Property History

Listed for £150,000

March 3, 2025

Floor Plans

Description

3 Double Bedrooms +
Terraced Family Home +
Considerable Cellar +
Modern Throughout +
Sizeable Kitchen/Diner +
Tenure: Leasehold +
EPC: C +
Council Tax: Band A +

Having been lovingly restored, we are delighted to present to the market our sizeable three double bedroom terraced home set in a prime location of Alston.

The modern accommodation briefly comprises: entrance hall to light and airy living room and sizeable kitchen/diner. To the first floor, there are three double bedrooms and the family bathroom. Below is a considerable cellar, perfect for workshop or home business use, which spans the full plot of the house and further and includes an extra shower room - there is a video available to show the full size upon request.

This is a popular location of the Alston area, set high in the North Pennines AONB, providing easy access to a range of amenities such as shops, cafes, local boutiques and pubs. The picturesque Alston is an ideal centre for those who enjoy walking, cycling or hiking through Alston Moor's heritage.

Viewings come highly recommended.

Agent Details

Red Hot Property, Prudhoe

01661 525200

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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