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See how verdicts work2-bedroom flat · NE61 1PT
For saleReduced £3k (−1.9%) on 9 SepListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Onward Chain! This well presented second floor two bedroomed apartment is located in the heart of the historic Morpeth Town Centre on Chantry Mews.
The property boasts a superb location, Chantry Mews is within seconds walking distance from Morpeth Town Centre, where you will find an array of traditional shops, local bars, restaurants and delightful river walks all on your doorstep.
Internally the property offers spacious rooms and modern décor throughout.
The property briefly comprises:- Entrance hallway, a spacious and inviting reception room which really is the heart of the property.
The substantial sized lounge is a great space for families and has been finished with light beige carpets and white crisp walls.
This leads seamlessly into the kitchen, which has been fitted with a range of wood wall and base units, offering excellent storage. Appliances include ceramic hob, electric oven and washing machine.
To the opposite end of the living space, you are presented with two generous sized double bedrooms, both of which have been carpeted and finished with modern décor.
The master bedroom further benefits from its own ensuite shower room. The family bathroom has been partially tiled and finished with basin, W.C and bath tub.
Externally, you have a car park offering one allocated parking bay, which can be a real rarity for centre living. There is additional visitor parking available.
With No Onward Chain, this apartment won’t be available for long. Call now to organise your viewing.
Measurements Lounge: 17’1 x 18’4 (5.21m x 5.59m) Kitchen: 5’5 x 17’1 Max Points (1.65m x 5.21m Max Points) Bedroom One: 16’0 x 9’11 Max Points (4.87m x 3.02m Max Points) Ensuite: 6’7 x 5’11 Max Points (2.01m x 1.80m Max Points) Bedroom Two: 16’0 x 8’3 Max Points (4.87m x 2.51m Max Points) Bathroom: 5’0 x 9’2 (1.52m x 2.79m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Cable Mobile Signal / Coverage Blackspot: No Parking: Allocated Parking Space Tenure It is understood that this property is leasehold.
Should you decide to proceed with the purchase of this property, the Tenure and associated details and costs must be verified by your Legal Advisor before you expend costs.
Length of Lease: 999 years from 29th September 2000. EPC Rating: C Council Tax Band: D
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 19, Chantry Mews, Morpeth
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