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 work2-bedroom flat · NE61 2JA
For saleReduced £10k (−5.7%) on 2 OctListed 210 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This two-bedroom duplex apartment is located on Turner Square, Morpeth.
Situated within walking distance of a range of local amenities, such as convenience stores, takeaways and a local first school, the property is ideal for first time buyers or those looking to downsize.
Morpeth town centre is just a mile away from the property, offering a wider range of shops, supermarkets, cafes, restaurants and leisure facilities, as well as further ofsted approved schools and a bus station.
Morpeth also benefits from a mainline train station, just a short walk from the property, with services running to Newcastle City Centre, Edinburgh and London, perfect for those who need to commute.
The beautiful Northumbrian coast and countryside are both nearby, at Druridge Bay Country Park and Newbiggin-By-The-Sea, a lovely day out for all ages.
The property itself briefly comprises; Entrance hallway, open plan living-kitchen-dining area with sliding doors to a balcony and downstairs WC.
To the first floor of the property are two double bedrooms with fitted wardrobes, as well as a balcony to the main bedroom and a family bathroom.
The apartment also benefits from a large loft space and allocated parking to the front of the building. For more information or to book a viewing please call the Morpeth office.
Council Tax Band: C Tenure: Leasehold Length of Lease: 999 years from 1 April 2010 Kitchen Fitted with a range of wall and base units with complementary work surfaces, gas hob and electric oven with extractor fan over, integrated fridge freezer, dishwasher and stainless steel sink with mixer tap, vinyl flooring and a double glazed window.
Living Room A large open plan space with carpeted flooring, large double glazed window and sliding doors to a balcony. WC Fitted suite with WC, hand wash basin and a central heating radiator.
Bedroom One Large double bedroom with sliding doors to a balcony, fitted wardrobes and carpeted flooring. Bedroom Two Double bedroom with fitted wardrobes, carpeted flooring and double glazed window.
Bathroom Fitted suite comprising of WC, hand wash basin, electric shower cubicle and bath, and a double glazed window. Accessed via the landing as well as a Jack and Jill door into the main bedroom.
External The apartment benefits from two balconies, to the main bedroom and living room, as well as an allocated parking space.
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
.png)
FAQ
About 8, Turner Square, Morpeth
Explore nearby