3-bedroom terraced house · NE61 5LW
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinsons are pleased to present this three-bedroom terraced house, ideally located on Rede Court in the popular village of Ellington.
Ellington offers the perfect blend of countryside living and convenient local amenities, including an Ofsted-rated first school, village shops, a public house and regular bus services to nearby towns.
The market town of Morpeth is just a short distance away and provides a wider range of boutiques, high-street stores, supermarkets, cafs, restaurants and leisure facilities.
Morpeth's mainline railway station offers direct services to both Edinburgh and London, while Carlisle Park provides a fantastic range of recreational facilities for all ages.
The accommodation briefly comprises an entrance hall, lounge and kitchen/diner. To the first floor are three bedrooms and a newly installed family bathroom.
Externally, the property benefits from a private, enclosed and low-maintenance rear garden. There is also a single garage located within an adjacent garage block. No upper chain.
To arrange a viewing, please contact the Morpeth team. Council Tax Band: A Tenure: Freehold Lounge (4.77m x 4.50m) Spacious lounge, with double glazed window, radiator, laminate flooring.
Kitchen (4.5m x 2.6m) Fitted with a range of wall and base units, complementary worktops, tiled splashbacks, sink unit, integrated oven, hob and extractor hood.
The kitchen also benefits from laminate flooring, a double-glazed window and a door providing access to the rear garden.
Bedroom One (3.5m x 2.5m) With central heating radiator, double glazed window and TV point. Bedroom Two (2.5m x 2.7m) With central heating radiator and double glazed window.
Bedroom Three (1.8m x 2.6m) With central heating radiator and double glazed window. Bathroom (1.80m x 1.76m) Fitted suite comprising w/c, bath with shower over and pedestal wash basin.
With tiled flooring and heated towel rail. External To the front, there is a low-maintenance garden, while to the rear is an enclosed garden, with a garage located in a nearby block.
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
Agent & docs
FAQ
About 18, Rede Court, Morpeth
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