3-bedroom semi-detached house · NE61 5XJ
No longer listedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented three bedroom semi-detached house offers comfortable living in a convenient location with great transport links and easy access to local amenities.
Inside, you will find a bright and airy layout, with large windows that let in plenty of natural light.
The modern kitchen comes fully equipped with appliances, while the stylish bathroom features sleek fixtures for a contemporary feel.
Each bedroom has built-in wardrobes and ample storage, making it easy to keep things organised. The spacious living area includes a welcoming fireplace, perfect for relaxing evenings.
Additional benefits include off-road parking and a garage, providing plenty of space for vehicles and storage.
With an EPC rating of C and council tax band A, this property is both efficient and cost-effective. The damage deposit is £895 and rent is £895 per calendar month.
This inviting home is ideal for those seeking a practical and modern space in a popular area. High interest is expected, so book your viewing soon to avoid missing out.
**The property images show furniture within the property however this will be removed as its an unfurnished tenancy ** Garage (7.26m x 2.10m) Kitchen (4.13m x 2.94m) Living Room (4.27m x 4.27m) Landing (2.16m x 1.87m) Main Bedroom (3.91m x 3.02m) Bedroom 2 (3.02m x 2.66m) Bedroom 3 (2.91m x 2.18m) Parking - Driveway
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 advisers 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
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FAQ
About 61 Park Road, Morpeth
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