3-bedroom detached house · NE61 3GQ
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CORNER POSITION | The Moresby offers a spacious kitchen/dining area with FRENCH DOORS leading to the SOUTH FACING GARDEN, and a separate DUAL ASPECT lounge.
On the first floor, you will find the generous main bedroom with EN SUITE, a further double bedroom, a single bedroom, and a family bathroom.
Plot 45 | The Moresby | 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.
Room Dimensions 1 Bathroom - 2120mm x 1688mm (6'11" x 5'6") Bedroom 1 - 3226mm x 3312mm (10'7" x 10'10") Bedroom 2 - 2679mm x 3628mm (8'9" x 11'10") Bedroom 3 - 2696mm x 1968mm (8'10" x 6'5") Ensuite 1 - 2322mm x 1421mm (7'7" x 4'7") G Kitchen / Dining - 4735mm x 2696mm (15'6" x 8'10") Lounge - 4735mm x 3250mm (15'6" x 10'7") WC - 1891mm x 945mm (6'2" x 3'1")
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
FAQ
About Cottingwood, Morpeth, Northumberland NE61 3GQ
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