3-bedroom semi-detached house · NE61 2AA
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious larger size semi detached house situated in much sought after location within easy reach of Morpeth market town centre, where there are all amenities to hand.
Schools of excellent reputation for all ages, first class shopping, restaurants amd leisure facilities. Quality herringbone wood flooring throughout the ground floor.
The property has undergone major improvements and provides excellent family living space. Well appointed and decorated throughout.
There is parking at the front of the property for at least 2 cars and a detached garage with further parking for another 2 cars. Internal inspection advised.
Front Door with Upvc double glazed side panels Reception Hall 4.1m x 2.2m (about 13'6" x 7'3") Understair cupboard, double radiator, Sitting Room 4m x 4.1m (about 13'0"x 13'6") Attractive fire place with contemporary electric fire inset, dado rail, Upvc double glazed window with attractive wooden blinds Kitchen/Dining Room 6.4m x 3.2m (about 21'0" x 10'6") Excellent range of fitted cupboards, base units, wall cupboards, one and half bowl stainless steel sink unit with mixer tap, marble work tops, range cooker, 2 ovens and 5 burner hob, stainless steel extractor hood, 2 Upvc framed double glazed windows, double radiator, tiled walls, exposed original brick wall feature, radiator, recessed ceiling spot lighting, intergrated fridge and freezer Utility Room 2.2m x 2.1m (about 7'3" x 6'9") Built in wash basin, Upvc double glazed window and Upvc double glazed back door to rear garden.
Recessed ceiling spot lighting, fitted base units and storage space Plumbed for washing machine/drier, fridge/freezer Stairs to first floor Half panelled walls with dado rail, Upvc framed double glazed oriel window with wood blinds Bedroom 1 4m x 3.9m (13'0" x 12'9") Two floor to ceiling fitted wardrobes with hanging and shelving space, over head storage space, Upvc framed double glazed, radiator Bedroom 2.
3.3m x 3.3m (about 10'9" x 10'9") Upvc double glazed window, half panelling to one wall, dimmer switch Bedroom 3 2.7m x 2.4m (8'9" x 7'9") Radiator, Upvc double glazed window, dimmer switch, access to roof void, recessed shelving area, housing Baxi central heating boiler Bathroom 2.7m x 2.3m (8'9" x 7'6") Fully tiled walls, ceramic tiled floor, low level wc.
Concealed cistern, contemporary wash basin with fitted drawers below, two inglenooks with glass shelving, large shower cubicle with rain and hand held shower attachments, towel rail radiator, recessed ceiling spot lighting, two Upvc double glazed windows, Outside Enclosed garden to rear with block paving, pathway to side.
Block paved front garden with car parking space.
Tenure: We are advised that the property is freehold Council Tax Band "C" Energy Performance Rating "D" Price: £285,000 or offers Viewing by appointment through Andrew Lawson Estate Agent
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
Agent & docs
FAQ
About 39, Spelvit Lane, Morpeth
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