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See how verdicts work3-bedroom terraced house · NE61 6RE
For saleListed 459 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East proudly present this charming three-bedroom terraced home, ideally located in the sought-after village of Pegswood, Morpeth.
Nestled in a friendly, close-knit community surrounded by greenery and parks, Pegswood is perfect for families, offering numerous opportunities for outdoor activities and relaxation.
With excellent schools nearby and a range of essential amenities close to hand, the area also benefits from strong transport links to Morpeth and Newcastle.
Upon entering the property, you are welcomed into a central hallway with access to a convenient downstairs W.C.
From here, you’ll find a spacious living room, filled with natural light from a bright glass door that opens out to the rear of the home.
The large kitchen/dining area can easily accommodate a dining table, offering a great space for everyday family life or entertaining.
The kitchen features a wide range of wall and base units, ample countertop space, and integrated appliances including an electric oven and hob.
There is also an additional external access point from the kitchen. Completing the ground floor is a generous utility room, providing additional functionality and storage.
Upstairs, the first floor hosts three well-proportioned bedrooms.
Bedrooms one and two can comfortably fit double beds along with other furnishings, with the main bedroom further benefiting from an en-suite bathroom complete with shower, hand basin and W.C.
The third bedroom offers flexible use – currently set up as a dressing room, but also well-suited for use as a single bedroom or home office.
A family bathroom completes this floor, comprising a bathtub, hand basin and W.C.
Externally, the property boasts an attractive L-shaped front garden laid to lawn with a generous patio area, ideal for outdoor seating and relaxation.
To the rear, there is access to a communal courtyard, offering additional outdoor space. The property also benefits from one designated parking space and a garage.
Living Room (5.24 x 4.39 (17'2" x 14'4")) Kitchen / Dining Room (5.05 x 3.81 (16'6" x 12'5")) Utility (1.71 x 2.49 (5'7" x 8'2")) Wc (1.06 x 1.71 (3'5" x 5'7")) Bedroom One (2.96 x 3.94 (9'8" x 12'11")) En Suite (2.96 x 1.21 (9'8" x 3'11")) Bedroom Two (3.46 x 2.96 (11'4" x 9'8")) Bedroom Three (3.39 x 2.20 (11'1" x 7'2")) Bathroom (2.92 x 1.75 (9'6" x 5'8"))
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
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FAQ
About 2 North Farm, Pegswood Village, Morpeth
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