High Street, Wooler, Northumberland... 7 bed end of terrace house for sale

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High Street, Wooler, Northumberland... 7 bed end of terrace house for sale

High Street, Wooler, Northumberland, NE71
£615,000

Price History

Initial price £650,000
31/08/24 £615,000
Price Change -5.38%

Description

Arlington House Hotel is a recently developed, high-quality hotel in the heart of Wooler, Northumberland, offering 7 en-suite bedrooms with kitchenettes and ample storage. The property is situated on the High Street, surrounded by stunning scenery and popular walking routes, making it an attractive location for tourists. The hotel is designed for self-check-in, minimizing management costs, and features modern technology to reduce expenses. The property has been operating since 2024 and is expected to produce a net income of £106,176 per annum, with a yield of 17.3%. The guide price is £615,000, offering a rare opportunity to purchase a high-yielding asset in a growing town with increasing demand for quality accommodation.