3-bedroom terraced house · NE61 1UX
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pick Your Favourite Spot - The View From Every Level Of The Tiered Back Garden Rolls Out Across Fields And Woodland.
Sat outside this immaculate end terrace, it feels so peacefully rural and remote - but you’re only a ten minute walk to the station and the town centre shops.
Mornings here mean a mug of tea in the garden with fields and woodland spread out in front of you. Evenings mean a glass of something cold in your hand and the same view still there.
The garden steps down the hillside in tiers, with a raised seating area that looks straight out over the countryside and a lawn on the level below.
Steps link each level, so it's easy to wander down with a book and back up when the kettle's done.
Everything inside is in superb condition, so you can unpack your boxes and head straight for the garden. The lounge has an arched fireplace and a ceiling rose, with stylish shutters at the window.
The fireplace gives the room a natural centre, and there's space for two sofas either side of it.
Through the lounge, the kitchen sits at the back of the house with large windows that let the light in.
There's space for a dining table in the kitchen, and a laundry room alongside for the washing machine and dryer.
Upstairs, the landing leads to three bedrooms and the family bathroom - which has a shower over the bath and a heated towel rail.
The main bedroom has panelling behind the bed and shutters at the window, with space for a wardrobe and chest of drawers alongside the bed. The second bedroom is smaller - a decent sized single.
The third bedroom is currently a home office, and it would work just as well as a nursery. At the front, wisteria climbs the wall above a small gravelled seating area.
Morpeth station is only a ten minute walk away, with regular trains north and south on the East Coast mainline.
The town centre is a similar ten minute stroll, so the local shops and restaurants are close by.
If you want a garden with a view that slows the whole day down and a 10 minute walk to the shops and the station, this immaculate end terrace is well worth a look.
I’m expecting plenty of interest, so get in touch to arrange a viewing. EPC Rating: D Tenure: Freehold Council Tax Band: B The furniture can be bought through separate negotiation.
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.
Area
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FAQ
About 7, Salisbury Street, Morpeth
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