3-bedroom house · NE61 3FP
Listing removedReduced £8.1k (−2.9%) on 21 JunListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented three bedroomed detached family home, located on Marigold Way, Morpeth.
The property boasts a fantastic position, tucked away within a lovely residential development, offering its new owners peaceful living.
With spacious rooms throughout, a large summer house and a hot tub, we anticipate interest will be high.
This is an incredibly popular location with house hunters, not only due to its proximity to the A1 for commuters, but is only a short drive to King Edward VI High School, a very popular choice with families.
The historic town of Morpeth centre offers many delights to choose from, which include an array of local bars, restaurants, shopping delights and beautiful river walks.
The property briefly comprises:- Entrance porch, a well-presented lounge which has been fitted with light wood laminate flooring and finished with white décor.
This leads seamlessly into an open plan kitchen/dining, which is a great space and makes full use of the views into the garden, with direct access via the double patio doors.
The high spec kitchen has been fitted with a range of wall and base units, offering an abundance of storage. Appliances to include a four-ring gas hob and electric oven.
You further benefit from a downstairs W.C.
To the upper floor of the accommodation, you have three good sized bedrooms, all of which are doubles and have been carpeted throughout, whilst the master bedroom benefits from its own en-suite shower room.
The family bathroom has been fitted with W.C., hand basin and bath tub. Externally to the front of the property, there is a double driveway and single garage.
To the rear of the property, you have a fully enclosed garden which has been laid to lawn with patio area and artificial grass, making it low maintenance.
You also have a spacious summer house and a hot tub! This will be ideal for those who enjoy outdoor living at its finest. The property further benefits from solar panels which are owned outright.
A must view to appreciate the home on offer.
Lounge: 16'1 x 10'2 Max Points (4.90m x 3.10m Max Points) Kitchen/Diner: 18'7 x 7'5 (5.66m x 2.26m) W.C: 4’5 x 3’2 (1.37m x 0.97m) Bedroom One: 14'1 x 9'7 Max Points (4.29m x 2.92m Max Points) En-Suite: 6'9 x 4'2 (2.06m x 1.27m) Bedroom Two: 11'1 x 8'7 (3.38m x 2.62m) Bedroom Three: 9'8 x 7'8 (2.95m x 2.34m) Bathroom: 8'7 x 5'5 (2.62m x 1.65m) Primary services supply Electricity: Solar Panels Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Adsl Copper Wire Mobile Signal / Coverage Blackspot: No Parking: Garage & 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 EPC Rating: C Council Tax Band: D
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.
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About 16, Marigold Way, Morpeth
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