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 work3-bedroom house · NE61 6TD
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive and well-presented three-bedroom detached family home, offering spacious and versatile accommodation, together with a driveway, integral garage and enclosed gardens, ideally positioned within a desirable residential area of Pegswood.
The property is entered via a useful porch, leading into a generously proportioned open-plan living and dining room, providing an excellent space for both everyday living and entertaining.
To the rear, a sun room offers a valuable additional reception area, enjoying pleasant views over the garden and creating a flexible space for year-round use.
The kitchen is well-appointed with a range of wall and base units, offering ample storage and preparation space, and serves as a practical hub of the home.
The ground floor further benefits from internal access to the garage, presenting excellent storage or potential for conversion, subject to the necessary consents.
To the first floor, there are three well-proportioned bedrooms, suitable for family living, guest accommodation or home working, together with a family bathroom with a modern suite.
Externally, the property benefits from a driveway providing off-street parking and access to the garage.
There are enclosed gardens, offering outdoor space ideal for relaxation, entertaining and family use.
Pegswood is a popular village location, well placed for a range of local amenities including a convenience store, public house and first school, whilst the nearby towns of Morpeth and Ashington provide a wider selection of shops, cafés, leisure facilities and schooling for all ages.
The Northumberland countryside and coastline are also accessible, further enhancing the appeal of this well-balanced family home.
Lounge/Diner (6.78m x 3.36m) Kitchen (4.37m x 3.07m) Sun Room (3.83m x 2.76m) Bedroom (3.06m x 3.00m) Bedroom (3.03m x 2.97m) Bedroom (2.94m x 2.62m) Agents Notes This property is being sold on behalf of a corporate client and it may not be possible to provide answers to the standard property questionnaire.
The client is unfamiliar with the property and has not been able to approve the property details.
Please contact the Newcastle branch for further information before viewing, if you feel this may affect your buying decision.
Property Information Local Authority – Flood Risk - This property is listed as currently having no risk of flooding although we have not seen any legal written confirmation to be able to confirm this.
Please contact the branch if you have any queries in relation to the flood risk before proceeding to purchase the property.
TV and Broadband BT and Sky Basic, Ultrafast, Superfast Mobile Network Coverage EE, Vodafone, Three, O2 Please note, we have not seen any documentary evidence to be able to confirm the above information and recommend potential purchasers contact the relevant suppliers before proceeding to purchase the property.
Recording Devices Please be aware that some properties may be equipped with CCTV, video doorbells, or other recording devices (including internal audio/video surveillance) for security purposes.
While viewings are conducted in private homes, we ask that all attendees respect that the property owner may choose to monitor or record access to their home.
If you have any concerns regarding this, please speak to a member of our team prior to your appointment.
We have advised all vendors that any recording during viewings should be disclosed and used strictly for personal purposes only, in accordance with data protection and privacy laws.
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
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FAQ
About 22 Warkworth Drive, Morpeth
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