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 terraced house · NE61 1AQ
Listing removedListed 297 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** THREE BEDROOMS - END TERRACED HOUSE - CENTRALLY LOCATED - LOUNGE - KITCHEN - REAR YARD - EPC RATING D *** Entrance Hallway Two storage cupboard, stairs to first floor, central heating radiator, uPVC double glazed door to front.
Lounge/Diner 21' 7'' x 11' 6'' (6.57m x 3.50m) uPVC double glazed windows to front and rear, central heating radiators and TV point.
Kitchen 6' 9'' x 11' 4'' (2.06m x 3.45m) Double glazed window to rear elevation, double glazed door to rear elevation, Fitted with a range of wall drawer and base units with coordinating work surfaces,, stainless steel sink and drainer unit with mixer tap, four burner gas hob and integrated oven, recessed spotlighting and tiled splashbacks.
Stairs To First Floor Landing Storage cupboard housing combi boiler. Bedroom One 12' 10'' x 10' 9'' (3.92m x 3.28m) Fitted wardrobes, side units and draws. Window to rear and TV point.
Bedroom Two 8' 8'' x 10' 8'' (2.64m x 3.25m) Window to front, loft access and TV point.
Bedroom Three 7' 9'' x 9' 10'' (2.36m x 2.99m) Window to front, cupboard for storage with hanging rail.
Family Bathroom 7' 3'' x 5' 4'' (2.21m x 1.62m) Two double glazed frosted windows to rear elevation, fitted with a four piece bathroom suite comprising of a low level W/C, corner shower cubicle with mains fed shower, panel bath, vanity unit incorporating wash hand basin, wall mounted chrome heated towel rail.
Rear Garden Gate to rear, part gravel part patio. EPC Graph A full copy of the energy performance certificate can be provided upon request.
Tenure We are advised by our vendor client that the property is Freehold. Any interested party should have their legal advisors confirm this.
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
Agent & docs
FAQ
About Dawson Place, Morpeth
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