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See how verdicts work2-bedroom terraced house · NE65 0UL
For saleReduced £20k (−5.1%) on 21 AugListed 251 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within the highly sought-after coastal village of Warkworth, this characterful stone-built mid-terraced home offers an exceptional opportunity to acquire a beautifully presented property in one of Northumberland’s most picturesque settings.
Warkworth is renowned for its stunning historic street scene, with traditional stone buildings leading up to the magnificent castle, which occupies a commanding position overlooking the village.
With its boutique shops, welcoming pubs, riverside walks and close proximity to the beach, it remains one of the region’s most desirable locations.
The property itself is immaculately presented and currently operates as a successful holiday let, making it equally attractive as an investment opportunity or as a charming permanent residence.
The accommodation is light and well-proportioned throughout. The kitchen is fitted with high-specification units, offering ample storage and integrated appliances, with generous space for dining.
Doors open directly onto the impressive rear garden, creating a seamless connection between indoor and outdoor living.
To the first floor, there is a generous double bedroom to the front and a second double bedroom to the rear, both beautifully presented and enjoying plenty of natural light.
The bathroom is fitted with a contemporary white suite, finished to a high standard.
Externally, the property benefits from a particularly long rear garden which is not overlooked, providing a private and tranquil outdoor space — ideal for relaxing or entertaining.
Further features include elegant sash windows with fitted shutters, high ceilings, and quality fittings throughout, all of which enhance the property’s character and appeal.
Offered to the market with no onward chain, this is a rare opportunity to secure a stunning home in an iconic Northumberland village. Early viewing is highly recommended.
Entrance vestibule Solid wood front door | Staircase to first floor | Cupboard housing fuse box living room 8' 10'' min x 13' 3'' max into alcove & under stairs recess (2.69m x 4.04m into alcove & under stairs recess) Sash window with bifold shutters incorporating a window seat | Antique radiator | Under-stairs cupboard | Cupboard housing gas meter | Square arch & steps down to dining kitchen dining kitchen 13' 5'' x 13' 6'' (4.09m x 4.11m) Range of fitted wall and base units incorporating; 1.5 stainless steel sink, electric AEG hob, electric AEG oven, AEG extractor hood, Integral Electrolux microwave, housed gas boiler Double-glazed window & French doors to rear garden | Tiled floor | Half-panelled walls | Antique radiator | Ceiling downlights | Storage cupboard First floor landing Split landing with door to bedroom one at the front, steps down to bedroom two & bathroom at the rear bedroom one 15' 2'' x 13' 5'' max into recess, 9' 1'' min (4.62m x 4.09m max into recess, 2.77m min) Sash window with wooden shutters | Coving to ceiling | Built-in wardrobe with hanging rail & shelf | Antique radiator bedroom two 13' 6'' x 7' 3'' (4.11m x 2.21m) Double-glazed window with shutters | Coving to ceiling | Antique radiator Bathroom Bath with tiled surround & mains rainfall head shower with a glass screen | Close coupled W.C | Cabinet with integrated wash-hand basin & tiled splashback | Sensor controlled mirror | Extractor fan | Wood floor | Chrome ladder style radiator | Double-glazed frosted window Externally Long rear garden, mainly laid to lawn & a substantial decking area | Garden shed & arbour | Fenced boundaries Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre to the Cabinet Mobile Signal Coverage Blackspot: Mobile signal strength can vary within the area, depending on network provider Parking: On Street Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any. Restrictions and rights This property is within a conservation area.
Accessibility This property has the following accessibility adaptations: • Wide doorways • Level access to the front door 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.
Council tax band: Due to the property being a holiday let, small business rates currently apply. EPC rating: C
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
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FAQ
About 31, Castle Street, Morpeth
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