Estuary Drive, Alnmouth, Alnwick, NE66 2SH

Property Overview

A two-bedroom leasehold loft apartment at Estuary Drive, Alnmouth, with allocated parking. Planning consent has been granted for the addition of a Juliet balcony. The property is described as suitable for consideration as a holiday-let rental, second home or coastal main residence.

Accommodation

• Entrance hall
• Two bedrooms, both with en-suite facilities
• Living room
• Kitchen
• Bedroom one en-suite with shower cubicle and electric shower
• Bedroom two en-suite with bath and mains shower over

Location

Situated in the heart of Alnmouth village on the Northumberland coast. The beach, golf course and village centre are within easy walking distance, with cafés, pubs, restaurants and independent shops close by.

Tenure & Key Information

• Tenure: Leasehold
• Lease: 999 years from 1 May 2017
• EPC: B
• Council tax: Currently small business rates for a holiday-let property; previously listed as Council Tax Band D
• Parking: Allocated parking space
• Heating: Radiators and boiler cupboard
• Services: Seller advises mains gas, electricity, water and sewerage
• Flooding: Seller advises very low risk of surface water flooding

Occupancy, condition, service charge, ground rent and other leasehold obligations or restrictions have not been supplied and require confirmation.

Auction & Buyer Charges

• Guide Price: £230,000+
• Auction Date: 30th September 2026
• Auction administration fee: £2,000 plus VAT, totalling £2,400, payable by the successful buyer
• If a referred North East-based panel solicitor is used, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480)

Investment Analysis

HB estimates indicate estimated rent of £725 pcm and an estimated gross yield of 3.78% before acquisition and operating costs, based on the supplied evidence. This is an estimate and not a formal valuation or achieved rental figure.

HB analysis identifies a minimum guide-price acquisition cost of £232,400 including the confirmed £2,400 auction administration fee, before other costs. No HB maximum bid is recommended because current value and costs are insufficiently evidenced.

Sold Comparables

Property	Price	Sold Date	Type	Tenure
Seahunters, Estuary Drive, Alnmouth, Alnwick, Northumberland, NE66 2SH	£363,000	4 August 2017	Flat/Maisonette	Leasehold

This is historic HM Land Registry sold data from 2017 and is not sufficient evidence of current market value.

Rental Evidence

Advertised rental evidence comprises one £725 pcm asking rent for a two-bedroom flat/apartment in Alnwick. This is not an achieved or passing rent and is not a property-specific rental valuation.

Strategy & Risks

• Proceed only after confirming the flat’s condition, lease terms, service charge, ground rent, remaining lease length and achievable local rent.
• The £363,000 sold comparable is historic and may not represent current value.
• Occupancy status, condition, service charge, ground rent and lease length are not supplied.
• The £2,400 auction administration fee is confirmed; other acquisition and holding costs are unknown.
• Leasehold obligations and restrictions have not been provided.
• The £230,000+ guide price is not independently validated by the supplied evidence.