The Anchorage & The Bothy, 43 Castle Street, Norham, Berwick-Upon-Tweed, TD15

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Available / For Sale

6 bedroom terraced for sale

£795,000 Guide Price

6

Bedrooms

5

Bathrooms

Floorplan

An excellent opportunity to purchase two charming properties in the desirable village of Norham in North Northumberland.

PROPERTY DESCRIPTION

A rare and exciting opportunity to acquire a substantial four-bedroom residence complete with a spacious and versatile two-bedroom annex perfect for multi-generational living, guest accommodation, or as a potential rental income stream.

Situated in the desirable village of Norham, The Anchorage combines generous living space with flexibility and privacy. The main house boasts four well-proportioned bedrooms, three reception rooms, a dual aspect dining kitchen, a utility and two generous bathrooms. Externally the property enjoys a large patio with a raised water feature, a generous L-shaped lawn and mature herbaceous borders. The layout is thoughtfully arranged to accommodate both everyday life and entertaining, with a welcoming atmosphere throughout. The Anchorage is accessed from the main entrance on Castle Street and additionally from North Lane via a right of access though the grounds of The Bothy.

The Bothy is a self-contained two-bedroom property with a dining kitchen, sitting room with a wood burning stove, dining room/ third bedroom, shower room and two en-suite bedrooms. Additionally, this charming property boasts an adjoining garage with a utility space, ample off-street parking, and a generous garden with attractive landscaping and mature herbaceous borders. Accessed via North Lane as well as through the garden. Ideal for a multi-generational family, an investment property or the annex provides both convenience and independence without compromising the cohesion of the overall property.

With ample parking, private gardens, and easy access to local amenities, schools, and transport links, this unique offering is not to be missed. Whether youre looking for space to grow, the potential for dual living, or a smart investment opportunity, this opportunity delivers outstanding potential and versatility.

ACCOMMODATION COMPRISES

THE ANCHORAGE

Ground Floor Entrance Hall, Sitting Room, Drawing Room, Shower Room, Dining Kitchen, Dining Room, Utility.

First Floor Four Double Bedrooms, Family Bathroom, Storage Cupboard.

Garden & Grounds Patio, Water Feature, Lawn, Mature Herbacious Borders, On-Street Parking.

THE BOTHY

Ground Floor Entrance Hall, Sitting Room, Dining Room, Breakfasting Kitchen, Shower Room.

First Floor Two En-Suite Double Bedrooms.
Garden & Grounds Garage (With Utility Space),

Off-Street Parking, Shed, Greenhouse, Vegetable Patches, Lawn, Pergola With Mature Planting, Patio, Mature Herbaceous Borders, Lawn.

DISTANCES

Berwick upon Tweed 8 Miles, Coldstream 9 miles, Kelso 16 Miles, Edinburgh 52 miles, Newcastle upon Tyne 68 miles. (all distances are approximate).

AREA INSIGHTS

Norham lies on the northern edge of Northumberland, close to the market town of Berwick upon Tweed. The village lies on the banks of the River Tweed and is framed around a pretty village green. Norham is a thriving village with a wholesome community offering a wide range of events and clubs from fishing on the Tweed to a Historical society. A full list of events and clubs can be found on the Norham Life website ( A

lthough nearby Berwick upon Tweed offers an excellent range of nations supermarkets and services, the Village of Norham has a fantastic local shop, regionally renowned butcher, baker, two public house and even a gun shop which would all love your support. The village also offers a very well-regarded primary school, an attractive church, a historic castle, a doctors surgery on the village green, a daily postal van and a very well attended fish and chip van every Thursday evening.

Eight miles east of Norham is the nearby market town of Berwick upon Tweed which has further amenities and services including a wealth of cafes and restaurants, the Maltings Theatre and Cinema, a good choice of doctors and dental surgeries as well as a local hospital. Berwick also has an east coast main line railway station with regular trains to Edinburgh, Newcastle and London and schooling for all ages.

The region offers a range of popular attractions, including historical castles and villages to explore and a particularly stunning coastline to enjoy. In addition to being on popular cycle routes the long-distance river Tweed trail is currently in development. While those who enjoy slightly more challenging walking opportunities, the Northumberland National Park and Cheviot Hills are within a short drive. The river Tweed offers excellent fishing for both salmon and trout with trout permits available from the local shops for approximately 2 miles of both banks at Ladykirk and Norham.

The A1 trunk road which is nearby provides easy, commutable access to both Newcastle and Edinburgh.

GENERAL REMARKS

Services - Mains water, sewage & electricity. Oil central heating. Fibre broadband services available.

Council Tax
The Anchorage - Band D
The Bothy - Band D

Energy Efficiency Rating
The Anchorage - Band E - 45
The Bothy - Band C - 71

Fixtures and Fittings - All fitted carpets, curtain poles, blinds, light fittings (except for brass chandeliers) and integrated appliances form part of the sale.

Listing and Conservation - The Anchorage and The Bothy are not listed but does lie within the conservation area of Norham.

Agents Notes - 45 Castle Street has a right of access through the gardens of both The Anchorage and The Bothy. Please contact Paton & Co for more information.



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Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 658575

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 19875
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 62325
  • Mortgage Interest
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    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
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  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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Final Property Value

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