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See how verdicts work3-bedroom bungalow · NE61 6RE
Listing removedListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome to the market this charming three-bedroom detached bungalow, ideally located in the sought-after area of Pegswood, Morpeth.
Nestled in a welcoming, close-knit community, this property is surrounded by greenery and local parks, creating a peaceful setting perfect for families.
The village offers a great selection of everyday amenities, excellent schools, and convenient transport links to both Morpeth and Newcastle, making it a superb choice for those seeking both comfort and connectivity.
Upon entry, you are greeted by a central hallway leading into the spacious living room, complemented by large windows and a glass door that provides rear access.
The kitchen is well-equipped, offering an abundance of storage through a range of wall and base units, complemented by countertop space.
Integrated appliances, including an oven, hob, and fridge freezer.
Continuing your journey through the property, you will discover three well-proportioned bedrooms, each comfortably able to accommodate a double bed alongside additional furnishings.
The principal bedroom further benefits from an en-suite, complete with shower, W.C., and hand basin. Completing the property is the family bathroom, featuring a bathtub, hand basin, and W.C.
Externally, the property enjoys a large garden mainly laid to lawn, with an ample patio area that is ideal for outdoor furniture. Additionally, the home benefits from a parking space and garage.
The shared communal areas of the estate are maintained by a management company for which there is a small annual fee payable.
Living Room (5.79 x 4.88 (18'11" x 16'0")) Kitchen (3.22 x 2.73 (10'6" x 8'11")) Bedroom One (3.6 x 3.17 (11'9" x 10'4")) En-Suite (1.76 x 1.6 (5'9" x 5'2")) Bedroom Two (3.6 x 2.52 (11'9" x 8'3")) Bedroom Three (2.73 x 2.33 (8'11" x 7'7")) Bathroom (2.2 x 1.76 (7'2" x 5'9"))
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
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FAQ
About 8 North Farm, Pegswood Village, Morpeth
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