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 semi-detached house · NE61 6FX
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** THREE BEDROOM - SEMI DETACHED - MODERN FAMILY HOME – MUST VIEW!
- BEAUTIFULLY PRESENTED - OPEN PLAN KITCHEN / DINER - SPACIOUS LOUNGE + DOWNSTAIRS W/C - OFF-STREET PARKING - NO CHAIN - POPULAR VILLAGE LOCATION - EPC GRADE B *** Mike Rogerson Estate Agents are excited to bring to the market this beautifully presented three-bedroom semi-detached home in the highly sought-after village of Pegswood, Northumberland.
Offered in excellent condition throughout, this stylish property is ideal for families seeking comfort, convenience, and curb appeal.
Set within the desirable village of Pegswood, enjoy access to local shops, schools, and excellent transport links.
Ideal for families looking to combine community living with easy commuting, and just a short drive from the market town of Morpeth.
Welcome through the entrance hall to a handy downstairs WC leading into a generous lounge.
At the rear lies a stunning kitchen/diner, thoughtfully laid out for modern family living and overlooking the spacious rear garden, ideal for al fresco dining and children at play.
Upstairs, you'll find three well-proportioned bedrooms, including en-suite facility, plus a well-appointed family bathroom, all finished to a high standard.
Drive directly into the private driveway, offering off-street parking for two vehicles. The generous rear garden is a wonderful bonus — a flexible space for gardening, relaxation, or family fun.
A stylishly modern, ready-to-move-in family home in a popular location. With its blend of comfort, space, and practicality, Iris Drive is a property you simply MUST VIEW.
Contact our Morpeth office today to arrange your viewing, This one won’t hang around! External -Front uPVC double glazed windows, composite front door, off street parking for two cars.
Entrance Hallway Access to lounge, downstairs W/C and stairs to first floor. Central heating radiator.
Downstairs W/C 3' 0'' x 5' 2'' (0.91m x 1.58m) Low level W/C, pedestal handwash basin, central heating radiator.
Lounge 11' 11'' x 16' 4'' (3.62m x 4.98m) uPVC double glazed window to front, central heating radiator.
Kitchen/Diner 10' 6'' x 15' 0'' (3.19m x 4.58m) Modern fitted kitchen boasting a good range of wall, base and drawer units.
Integrated appliances including fridge / freezer, dishwasher, oven, gas hob and extractor hood. uPVC double glazed window and French doors to rear, storage cupboard, stainless steel sink and drainer.
Stairs & First Floor Landing Access to three bedrooms and family bathroom. Loft hatch, central heating radiator and storage cupboard.
Bedroom One 8' 6'' x 13' 9'' (2.58m x 4.20m) uPVC double glazed window to front, central heating radiator.
En-suite 4' 6'' x 8' 6'' (1.37m x 2.59m) Modern en-suite with pedestal handwash basin, low level W/C and electric shower, part tiled walls and extractor fan.
Bedroom Two 8' 4'' x 10' 2'' (2.55m x 3.11m) uPVC double glazed window to rear, central heating radiator.
Bedroom Three 8' 9'' x 6' 4'' (2.66m x 1.92m) uPVC double glazed window to front, central heating radiator.
Family Bathroom 6' 3'' x 5' 6'' (1.90m x 1.68m) Modern fitted bathroom suite comprising of low level W/C, pedestal handwash basin and panelled bath.
Part tiled walls, uPVC double glazed window to rear. Rear Garden Generous rear garden with block paved patio and laid-to-lawn.
Tenure We are advised by our vendor client that the property is Freehold. Any interested party should have their legal advisors confirm this.
EPC Graph A full copy of the Energy Performance Certificate can be provided upon request.
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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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
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FAQ
About Iris Drive, Blossom Park, Pegswood, Morpeth
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