3-bedroom terraced house · NE61 6TA
To rentListed 9 days
Opportunity summary
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About
We are very pleased to welcome to the market, this well presented three bedroomed family home, located on Cavendish Square, Pegswood.
The property has just undertaken a refurbishment to include new carpets, new kitchen and freshly painted walls throughout.
Morpeth town centre itself, is just a short drive away and has an array of local bar’s restaurants and shopping delights to choose from as well as fabulous river walks all on your doorstep.
Available on an unfurnished basis and ready to move into. The property briefly comprises:- Entrance hallway, bright and airy lounge which has been carpeted throughout and finished with white walls.
This leads straight through into a brand-new kitchen which has been fitted with light grey modern wall and base units, offering an abundance of storage. Appliances include electric oven and hob.
To the upper floor of the accommodation, you have three good sized bedrooms, two doubles and one single all of which offer excellent storage and have been carpeted throughout.
The family shower room is a great size and has been fully tiled and finished with W.C., hand basin and a separate walk-in shower.
Externally you have large gardens to the front and rear, whilst the rear garden is fully enclosed and a wonderful space to enjoy. On street parking is available.
Lounge 21’11 x 10’6 (6.68m x 3.20m) Kitchen 12’7 x 7’11 (3.84m x 2.41m) W.C.
5’3 x 3’10 (1.60m x 0.94m) Utility 6’5 x 4’8 (1.96m x 1.46m) Bedroom One 13’9 x 9’4 (4.19m x 2.84m) Bedroom Two 10’10 x 9’5 (3.03m x 2.87m) Bedroom Three 9’5 x 8’0 (2.87m x 2.44m) Shower room 9’4 x 4’8 (2.84m x 1.46m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: None Mobile Signal / Coverage Blackspot: No Parking: On Street Parking EPC Rating: C Council Tax Band: A Holding Deposit:£206 Security Deposit: £1,030
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About Cavendish Square, Morpeth
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