2-bedroom semi-detached house · NE61 2JN
Sold STCListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extremely spacious two-bedroomed semi-detached home located on Postern Crescent.
The property is nestled within a quiet residential area and is always in very high demand, not only due to its location to Morpeth town centre, but it is also within walking distance to the local first school, making it ideal for families.
Morpeth town centre itself has an array of local bars, restaurants and shopping delights to choose from, as well as fabulous river walks all on your doorstep.
This home offers a superb location, with spacious rooms throughout and a rear garden with that all important Southernly aspect.
The property briefly comprises:- Entrance hallway, bright and airy lounge/diner that is flooded with natural light and views over the front driveway.
The lounge has been finished with modern décor and fitted with a log burner which is the focal point of the room and will be ideal for those cosy winter nights.
The kitchen is located to the rear of the property and has been fitted with a range of wood wall and base units, offering an abundance of storage.
To the upper floor of the accommodation, you have two good sized bedrooms, both of which are doubles and both benefit from built in storage.
The family bathroom has been finished with W.C., hand basin, and bath with shower over.
Externally to the front you have a low maintenance garden and private driveway which can accommodate at least two cars.
To the rear you have a fully enclosed garden that has been laid to lawn with decking area. The rear garden benefits from a Southerly aspect making it ideal for sun worshippers.
We anticipate high levels of interest, call now to arrange your viewing.
Measurements Lounge: 11'10 x 21'11 Max Points (3.61m x 6.68m Max Points) Kitchen: 15'7 x 9'11 Max Points (4.75m x 3.02m Max Points) Bedroom One: 15'1 x 9'10 (4.60m x 3.00m) Bedroom Two: 11'11 x 11'7 Max Points (3.63m x 3.53m Max Points) Bathroom: 5'5 x 8'1 (1.65m x 2.46m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre to Premises Mobile Signal / Coverage Blackspot: No Parking: Private Driveway Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
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: Tbc Council Tax Band: A
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 9, Postern Crescent, Morpeth
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