2-bedroom house · NE61 5TY
Listing removedListed 128 days
Opportunity summary
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About
Summary ***terraced house - two double bedrooms - conservatory - garden - close to the coast - no upper chain - view now*** Pattinson Estate Agents welcome to the sales market this two bedroom terraced house situated on River View in Lynemouth, Morpeth.
A quiet village location which is located just a few miles from the coast. The village has a local shops and amenities and sits just 3 miles from Ashington and 9 miles from Morpeth town centre.
Warmed via gas central heating (combi boiler) and with Upvc double glazing throughout. Sold with no upper chain this is an ideal first time buy or investment opportunity.
Early viewings are essential to avoid disappointment. Briefly comprising; entrance hallway, lounge, kitchen and conservatory. To the first floor two bedrooms, bathroom and separate w.c.
Externally to the rear an enclosed low maintenance garden with gated access. To the front a small town garden with parking on street. To arrange your viewing please contact our Ashington Team.
Council Tax Band: A Tenure: Freehold Entrance Hallway Via main access door to the front. Stairs to the first floor with understair storage cupboard, radiator.
Lounge (4.58m x 3.42m) Window to the front, electric fireplace, radiator. Kitchen (5.33m x 2.25m) Window to the rear and sliding patio doors opening into the conservatory.
Fitted with a range of wood effct wall, floor and drawer units with black square edge worktops and tiled splashbacks, stainless steel sink and drainer with mixer tap, electric cooker point, plumbing for washing machine, wall mounted gas combi boiler, wood effct vinyl flooring, radiator.
Conservatory (2.35m x 1.82m) Full Upvc construction with secure access door opening into the rear garden. First Floor Landing Built in storage cupboard, loft access hatch to the ceiling.
Bedroom One (5.33m x 3.06m) Two windows to the front. Fitted wardrobes, drawers, overhead storage and dressing table, built in storage cupboard over the stair head, radiator.
Bedroom Two (3.80m x 2.77m) Window to the rear, radiator. Bathroom (1.63m x 1.54m) Frosted window to the rear.
Panelled bath with chrome shower over and glass screen door, wash hand basin set in a white vanity unit, chrome heated towel rail, wall mounted vanity mirror. Fully tiled walls.
W.C Frosted window to the rear, w.c, half tiled walls.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 16, River View, Morpeth
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