Adderstone Farm Steading, Adderstone, Belford

Prices from £1,310,000

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COASTAL INVESTMENT OPPORTUNITY!

Price: £1,310,000

An excellent opportunity to purchase this attractive portfolio of 6 traditional stone holiday cottages – comprising of three 2 bedroom, two 3 bedroom and one 4 bedroom conversions, enjoying a pleasant courtyard position, within this development of similar homes in the Hamlet of Adderstone, just 4 miles inland from the much sought after coastal village of Bamburgh. Ideally positioned to explore all of Northumberland’s Heritage Coastline, as well as inland to Belford and the surrounding open countryside to the Cheviot Hills. Historic Lindisfarne is a short drive to the North and Alnwick with its Harry Potter Castle and beautiful gardens, is approximately 20 minutes to the South.

All the cottages have been beautifully refurbished by a professional interior designer, specifically to meet and exceed the expectations of the five star holiday market. Special features include the famous Scottish Timorous Beasties wallpaper, wood stoves, modern kitchens, Travertine bathrooms and smart TV’s.

Weekly income rates vary from approx. £550 per week up to £1,890 per week across the holiday season. An ideal opportunity for those looking to invest in the second home and holiday let market.

The properties are being sold as an ongoing concern and the owner has informed us they are currently enjoying excellent bookings and the six properties are between them, predicted to take a gross income of £90k from April 20 to March 21, despite being closed for four very busy summer months.

 

 

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