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See how verdicts work3-bedroom terraced house · NE61 1QN
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
What a super location so close to the town centre, whilst offering peaceful living, this well presented three bedroomed terrace property won't be around for long!
Located in the heart of Morpeth town centre, Auburn Place is a short walk from Morpeth town centre, where you will find an array of traditional shops, local bars, restaurants and delightful river walks all on your doorstep.
Internally the property offers high ceilings, spacious rooms, and oozes character.
The property briefly comprises:- Grand entrance hallway leading into an impressive lounge, with window which floods the room with natural light and offers views over the front garden.
The generous sized lounge has been finished with a light beige carpet and neutral walls.
You benefit from a separate dining room, which is a great space for families with ample room for your dining table and chairs.
The breakfast room is an extremely handy room which leads seamlessly into the kitchen located to the rear of the property.
The country style kitchen comes with a range cooker and has been fitted with a range of wall and base units, offering an abundance of storage.
To the first floor, there are two double bedrooms and a good-size single room, all of which have been carpeted and finished with modern décor.
The master and second bedroom benefit from fitted wardrobes offering excellent storage. The second bedroom benefits from magnificent river views.
The family bathroom has been fitted with a bath, separate corner shower, basin and W.C.
Externally to the front of the property, there is a small front garden whilst to the rear, there is a fully enclosed yard with rear lane access where there is off street parking.
The rear yard is extremely private and benefits from being fully paved for low maintenance. The yard further benefits from direct access into the garage. Guaranteed to impress, this is a must view!
Measurements Lounge: 13'9 x 13'11 (4.19m x 4.24m) Dining Room: 11'1 x 13'6 (3.38m x 4.11m) Breakfast Room: 8'11 x 10'11 Max Points (2.72m x 3.33m Max Points) Kitchen: 9'1 x 17'9 Max Points (2.77m x 5.41m Max Points) Bedroom One: 13'8 x 9'10 (4.17m x 3.00m) Bedroom Two: 8'9 x 13'9 (2.67m x 4.19m) Bathroom: 8'10 x 6'7 (2.69m x 2.01m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre to Premises Mobile Signal / Coverage Blackspot: No Parking: Off Street Parking in Rear Lane Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. EPC Rating: Tbc Council Tax Band: C
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.
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FAQ
About 1, Auburn Place, Morpeth
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