2-bedroom house · NE61 6XH
Listing removedListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guaranteed to impress, sits this two bedroom semi-detached home, is located on the ever-desirable Castle Way, Pegswood.
Nestled within a small and quiet area, this is ideal for families or those who enjoy the peaceful living.
With a vast interior floor space, a beautifully presented rear garden, and its own garage with driveway, we anticipate interest levels will be high.
The village of Pegswood benefits from a good choice of amenities on your doorstep such as a doctor's surgery, pharmacy, and local Co-op, whilst you are only a two-mile drive away from the busy and historic market town of Morpeth.
The property benefits from a train station 0.5 miles away, along with having easy access to the A1 at 3.5 mile away.
The property briefly comprises:- Entrance porch, leading straight into a bright and airy open plan lounge/diner with double aspect views over the front and rear garden, creating floods of natural light.
The lounge has been carpeted throughout, complimented modern décor and further benefits from a separate conservatory, where you can relax and soak in views over the fantastic garden space.
The kitchen which has been fitted with a range of wall and base units, offering an abundance of storage and appliances to include an electric oven, four ring gas cooker and extractor fan.
To the upper floor, you have two generous sized double bedrooms, both of which have been carpeted throughout, offering excellent storage.
The family bathroom has been beautifully finished grey modern tiles to the walls, W.C., hand basin, bath and shower over bath.
Externally to the front of the property, you have your own private driveway plus a garage.
Whilst to the rear, you have a wonderful, enclosed garden which has a mixture of lawn and artificial grass, with patio area.
This garden will be a real winner with those who enjoy outdoor living at its finest! A must view to appreciate the home on offer.
Measurements Lounge: 15'6 x 11'5 (4.72m x 3.48m) Dining Area: 19'8 x 8'0 Max Points (6.03m x 2.43m Max Points) Kitchen: 7'10 x 7'3 (2.39m x 2.21m) Conservatory: 12’6 x 7’4 (3.81m x 2.24m) Bedroom One: 10'10 x 9'8 (3.30m x 2.95m) Bedroom Two: 12'5 x 8'6 (3.78m x 2.59m) Bathroom: 7'5 x 5'6 (2.26m x 1.68m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre To Premises Mobile Signal / Coverage Blackspot: No Parking: Driveway & Garage 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.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. EPC Rating: C Council Tax Band: A
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 59, Castle Way, Morpeth
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