2-bedroom terraced house · NE65 9TZ
Listing removedListed 168 days
Opportunity summary
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About
This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £75,000+ Reservation Fee Spacious two-bedroom terraced home situated on Queen Street in North Broomhill, Morpeth.
This well-presented property offers a bright and welcoming interior, comprising a generous lounge, a dining room, and a dual-aspect kitchen with integral appliances.
The first floor provides two well-proportioned bedrooms, with the front bedroom benefiting from built-in cupboards and the rear bedroom enjoying a pleasant rear aspect.
The family bathroom is fitted with a WC, washbasin, bath, and overhead shower, completing the accommodation.
This property is conveniently positioned within easy reach of local shops, schools, and amenities, with good transport links to Morpeth town centre and the wider area.
The internal accomodation comprises: a bright and airy entrance porch, which leads into a generous front-aspect lounge.
To the left of the lounge, a door opens into an internal hallway, providing access to the stairs rising to the first floor landing and the ground-floor family bathroom, which is fitted with a WC, washbasin, bath, tiled floor, and partially tiled walls with an overhead shower.
To the right of the lounge, a doorway leads into the dining room, which in turn connects to a dual-aspect kitchen.
The kitchen is well-equipped with integral appliances, including an oven, hob, extractor fan, and a washing machine, and features ample floor and wall units offering excellent storage.
A door from the kitchen leads out to the rear, where a pedestrian gate provides access onto a road with off-street parking.
Externally, the property benefits from an enclosed front yard, bordered by a mid-height brick wall and a pedestrian gate, with a pathway leading to the entrance porch.
Auctioneer Comments This property is for sale by the Modern Method of Auction – with a guide price of £75,000 plus a reservation fee.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties).
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property.
The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.
A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
On The Ground Floor - Entrance Porch - Lounge - 5.55m x 4.51m (18'3" x 14'10") - Measurements taken from the widest points.
Hallway - Bathroom - Dining Room - 2.07m x 2.56m (6'9" x 8'5") - Measurements taken from the widest points. Kitchen - 3.10m x 2.92m (10'2" x 9'7") - Measurements taken from the widest points.
On The First Floor - Landing - Bedroom - 4.40m x 4.51m (14'5" x 14'10") - Measurements taken from the widest points.
Bedroom - 2.07m x 4.51m (6'9" x 14'10") - 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.
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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 starting price
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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 advisors 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
FAQ
About Queen Street, North Broomhill, Morpeth
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