3-bedroom house · NE61 3GQ
For saleReduced £5k (−1.5%) on 5 SepListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5% deposit boost plus flooring | The Lockton features an open-plan dining kitchen with french DOORs leading to the rear garden. Downstairs, you'll find a spacious lounge and plenty of storage.
Upstairs, you'll find the en suite main bedroom, 2 further double bedrooms and a family bathroom.
Plot 24 | The Lockton | Laurel Chase, Morpeth | Barratt Homes peace of mind when buying new: Energy saving technologies included, meaning you could enjoy lower bills. Need help with your mortgage?
We can put you in touch with a New Build mortgage broker.
Rooms 1 Bathroom (2083mm x 1896mm (6'10" x 6'2")) Bedroom 1 (3295mm x 4917mm (10'9" x 16'1")) Bedroom 2 (3346mm x 2965mm (10'11" x 9'8")) Bedroom 3 (3555mm x 2965mm (11'7" x 9'8")) Ensuite 1 (2172mm x 1412mm (7'1" x 4'7")) G Kitchen / Dining (5504mm x 3659mm (18'0" x 12'0")) Lounge (3288mm x 3640mm (10'9" x 11'11")) WC (860mm x 1867mm (2'9" x 6'1")) About Laurel Chase Laurel Chase is a unique development, located in the market town of Morpeth.
Offering a collection of 3,4 and 5 bedroom homes, you will be ideally positioned from independent shops in the town centre, with views of the River Wansbeck running through.
Morpeth offers access to highly regarded schools and is perfectly placed for exploring the Northumberland countryside and coastline.
Opening Hours Monday 10:00-17:30, Tuesday Closed, Wednesday Closed, Thursday 10:00-17:30, Friday 10:00-17:30, Saturday 10:00-17:30, Sunday 10:00-17:30 Disclaimer Please note that all images (where used) are for illustrative purposes only.
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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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 H873424, Cottingwood, Morpeth
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