3-bedroom terraced house · NE61 1JF
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Wonderful three-bedroom terraced home situated on Hood Street, Morpeth, offering well-balanced accommodation arranged over two floors.
The property retains attractive period proportions, including a bay-fronted lounge and separate dining room, making it ideal for first-time buyers, young families or those seeking a central Morpeth location.
With scope for further improvement, this property is realistically priced for this sought after area.
The ground floor provides two generous reception rooms along with a well-equipped kitchen to the rear, while the first floor offers three well-proportioned bedrooms and a modern family bathroom.
The layout is both practical and versatile, suited to a range of lifestyles.
Hood Street is conveniently positioned within walking distance of Morpeth town centre, where a wide range of independent shops, cafés, restaurants and everyday amenities can be found.
The area is well served by local schooling and benefits from strong transport links, including Morpeth railway station with mainline services and excellent road connections via the A1.
The internal accommodation comprises: an entrance vestibule leading into a welcoming entrance hall.
To the left is a generous front-aspect lounge featuring a large walk-in bay window and a feature fireplace, creating an attractive focal point within the room.
Further along the hall is a spacious rear-aspect dining room, which benefits from an under-stairs storage cupboard and provides an excellent space for entertaining.
The dining room flows through into a fitted and well-equipped kitchen incorporating integrated appliances including an oven, hob and extractor fan.
The kitchen offers ample cabinetry with wooden work surfaces and a tiled splashback, providing both excellent storage and preparation space.
A Velux window enhances the room with natural light, and a door leads directly out to the rear yard.
Stairs from the entrance hall lead to the first-floor landing, which provides access to three well-proportioned bedrooms, all served by a well-appointed family bathroom comprising tiled flooring, a washbasin set within a vanity unit, WC and bath with overhead shower.
Externally, to the front there is a walkway leading to the entrance door.
To the rear is an enclosed yard with a garden shed offering additional storage and a side access gate leading out onto the rear lane.
On The Ground Floor - Entrance Vestibule - Entrance Hall - Lounge - 4.92m x 4.79m (16'2" x 15'9") - Measurements taken from the widest points.
Dining Room - 3.34m x 4.79m (10'11" x 15'9") - Measurements taken from the widest points. Kitchen - 3.88m x 1.98m (12'9" x 6'6") - Measurements taken from the widest points.
On The First Floor - Landing - Bathroom - Bedroom - 3.74m x 3.51m (12'3" x 11'6") - Measurements taken from the widest points.
Bedroom - 3.74m x 2.19m (12'3" x 7'2") - Measurements taken from the widest points. Bedroom - 3.62m x 2.47m (11'11" x 8'1") - Measurements taken from the widest points. Disclaimer.
- The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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
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FAQ
About Hood Street, Morpeth, NE61
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