3-bedroom bungalow · NE61 3AA
For saleListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautiful three-bedroom stone built bungalow was converted from stables to create a unique home with spacious rooms and picturesque views.
The property is perfectly situated on the banks of the river Wansbeck providing beautiful riverside and woodland walks.
While the property feels quiet and secluded, Morpeth town centre is a short walk away offering a wide range of amenities including supermarkets, shops, restaurants, pubs and cafes, as well as leisure facilities and OFSTED approved schools for all ages.
The mainline train station is ideal for those who need to commute, with services running as far as London and Edinburgh.
The property itself briefly comprises; Entrance hallway, spacious lounge-diner, kitchen, family bathroom and WC, two double bedrooms, with an en-suite to the master, and one single bedroom.
Externally the property benefits from a large plot with parking for up to six cars and a detached garage with the potential to be a workshop or studio, as well as a patio area, ideal for al fresco dining and a garden which is laid with lawn and lined with mature shrubs creating maximum privacy.
Further to this, there are also shared gardens with a range of fruit trees for residents to enjoy, as well as a seating area and access down to the riverbanks.
We envisage a high level of interest on this property, for more information or to book a viewing please call the Morpeth office.
Council Tax Band: G Tenure: Leasehold Length of Lease: 200 Years From 1 January 2006 External Kitchen Fitted with a range of wall and base units with complementary worktops, integrated fridge-freezer, dishwasher, range cooker and Belfast sink with mixer tap.
Tiled flooring throughout, double glazed windows providing ample natural light and space for a dining table.
Living Room Spacious lounge with laminate wooden flooring throughout, central heating radiators, double glazed windows and skylights, as well as an exposed brick fireplace with wood burner, creating a cosy and inviting space.
WC With WC and hand wash basin, tiled floors and walls and an extractor fan.
Bedroom One Large double bedroom with fitted wardrobes, laminate wooden flooring and a central heating radiator, as well as three double glazed windows.
En-Suite Fitted suite comprising of WC, hand wash basin and shower cubicle, with tiled walls and flooring.
Bedroom Two Double bedroom with laminate flooring, central heating radiator and large double glazed window.
Bedroom Three Single bedroom with laminate flooring, a central heating radiator, double glazed window and storage cupboard.
Bathroom Fitted suite comprising of WC, hand wash basin, freestanding bath with handheld shower and tiled walls and flooring. Private Garden Garage
Value & comps
No previous sales on record.
Returns
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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 East Mill, Morpeth, Northumberland, NE61 3AA
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