We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · NE61 5RP
For saleListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***tenanted investment - modern terraced house - two bedrooms - ground floor cloaks - open plan lounge/kitchen - garden to rear - no upper chain - view now*** Pattinson Estate Agents welcome to the sales market this modern two bedroom terraced house situated on Parkside Gardens in Widdrington, Morpeth.
A quiet village location with local amenities close by and easy access into neighbouring towns of Morpeth and Ashington and just a short drive to Northumberland's beautiful coastline.
The property is well presented throughout, warmed via gas central heating (combi boiler) and is Upvc double glazed throughout.
An ideal investment opportunity sold with a sitting tenant paying 595 per calendar month. With no upper chain, early viewings are essential.
Briefly comprising; entrance hallway, cloakroom and open plan lounge/kitchen. To the first floor two bedrooms and bathroom. Externally to the front an open plan garden area and pathway.
To the rear an enclosed lawned garden with shed. There is ample on street parking. To arrange your viewing please contact our Ashington Team who will be happy to assist.
Council Tax Band: A Tenure: Freehold Entrance Hallway Via main access door to the front, stairs to the first floor, wood effect flooring, radiator.
Cloakroom Frosted window to the front, compact wash hand basin with chrome taps and tiled splashback, push flush w.c, wood effect flooring, radiator.
Lounge (4.23m x 3.35m) French doors opening into the rear garden, under stair storage cupboard, radiator. Open plan kitchen. Kitchen (3.27m x 2.20m) Window to the front.
Fitted with a range of wood effect wall, floor and drawer units with brushed steel handles, roll edge worktops and breakfast bar and tiled splashbacks.
Stainless steel sink and drainer with mixer tap, integrated gas hob and electric oven with extractor over, plumbing for washing machine, integrated fridge, housed gas combi boiler, tiled flooring, radiator.
First Floor Landing Built in storage cupboard, loft hatch to the ceiling, radiator. Bedroom One (4.25m x 3.08m) Two windows to the front, built in storage cupboard, radiator.
Bedroom Two (3.55m x 2.16m) Window to the rear, radiator. Bathroom (2.04m x 1.76m) Frosted window to the rear.
Fitted with a three piece white suite comprising panelled bath with shower over, pedestal wash hand basin and push flush w.c. Chrome fittings, tiled splashbacks, tiled flooring, radiator.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 31, Parkside Gardens, Morpeth
Explore nearby