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See how verdicts work2-bedroom flat · NE61 2FB
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no upper chain, this two bedroomed, second floor modern apartment located on the ever-desirable Loansdean Wood, Morpeth.
This is a popular area for families due to its proximity to the A1 and bus stops for commuters, and it is within walking distance to the local first school.
The historic town of Morpeth is a short drive away and can also be reached on foot in approximately 30 minutes, where you have many delights to choose from, which include an array of local bars, restaurants and wonderful river walks.
Internally the property offers spacious rooms and neutral colour scheme throughout, creating a sophisticated backdrop, allowing you to easily incorporate your own style and furnishings to make it truly feel like home!
The property briefly comprises:- Entrance hallway leading to a high spec kitchen, which has been fitted with a range of wall and base units, offering an abundance of storage.
The kitchen is a great space for families, with plenty of space for your own dining table and chairs. Appliances include electric oven, ceramic hob, dishwasher and fridge/freezer.
The bright and airy lounge has been fitted with a light beige carpet.
To the opposite end of the living space, you are presented with two generous sized double bedrooms, both of which have been finished to a high standard and finished with modern décor.
The master bedroom further benefits from its own ensuite shower room. The family bathroom has been finished with basin, W.C, and bath.
Externally, you have an allocated parking space and communal gardens. Overall, we anticipate this property will attract a huge amount of interest!
Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Cable Mobile Signal / Coverage Blackspot: No Parking: Allocated Parking Space Tenure Leasehold.
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: 125 years from 1 January 2011 Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. EPC Rating: B Council Tax Band: C
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
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FAQ
About Loansdean Wood, Morpeth
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