3-bedroom terraced house · NE61 1UR
Listing removedListed 49 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** THREE BEDROOM TERRACED HOUSE – LOUNGE – DINING ROOM – KITCHEN – BATHROOM – FRONT GARDEN – REAR YARD – POPULAR RESIDENTIAL LOCATION – DOUBLE GLAZING – GAS CENTRAL HEATING – UNFURNISHED – AVAILABLE MID OCTOBER – EPC GRADE D *** Situated on Edward Street, Middle Greens, Morpeth, we are delighted to offer for rent this well-presented three-bedroom terraced property, located within this established residential area.
The property offers spacious accommodation arranged over two floors and briefly comprises an entrance hall, spacious lounge, separate dining room and kitchen.
To the first floor are three well-proportioned bedrooms and a family bathroom.
Externally, the property benefits from a town garden to the front and an enclosed rear yard, providing useful outdoor space.
Further benefits include double glazing, gas central heating and an unfurnished layout.
The property is conveniently located for access to a range of local amenities, shops, schools and leisure facilities, with good transport links available nearby.
Morpeth town centre offers a diverse range of shopping, dining and recreational facilities, while road links provide access to surrounding areas.
Contact our Morpeth office today to arrange your viewing! *Please note: the photographs shown were taken prior to the current tenant moving in.
We strongly advise an internal viewing.* Lounge 14' 1'' x 12' 1'' (4.29m x 3.68m) Double glazed bay window to front elevation, a second double glazed window to front elevation, feature fire place with open fire, metal mantel with tiled back and hearth, wall mounted radiator, coving to ceiling, TV point Dining Room 17' 6'' x 10' 10'' (5.33m x 3.30m) Double glazed window to rear elevation, feature chimney breast with lighting, wall mounted radiator, built in understairs storage cupboard.
Kitchen 14' 2'' x 7' 10'' (4.31m x 2.39m) Double glazed window to side elevation, fitted with a range of wall and base units, roll top work surfaces, stainless steel one and a half bowl sink with drainer, integrated four burner gas hob with extractor hood above, integrated oven unit, plumbed for a washing machine and dishwasher, tiled up stands, wall mounted radiator, vinyl flooring and double glazed door to rear yard Stairs To First Floor Landing Bedroom One 11' 10'' x 10' 6'' (3.60m x 3.20m) Double glazed window to front elevation, wall mounted radiator, coving to ceiling, Bedroom Two 11' 3'' x 10' 5'' (3.43m x 3.17m) Double Glazed window to rear elevation, wall mounted radiator.
Family Bathroom 7' 8'' x 6' 10'' (2.34m x 2.08m) Double glazed frosted window to rear elevation, fitted with a white suite comprising of panel bath with electric shower over, low level W/c, pedestal wash hand basin, part tiled walls, , wall mounted radiator, vinyl flooring, floor to ceiling airing cupboard with facility to put a condensing dryer in.
Bedroom Three 8' 4'' x 7' 0'' (2.54m x 2.13m) Double glazed window to front elevation, wall mounted radiator.
Externally To the front is a low maintenance town gardens, with small lawn area. Rear Yard Enclosed rear yard.
EPC Graph A full copy of the energy performance certificate can be provided upon request.
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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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
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FAQ
About Edward Street, Middle Greens, Morpeth
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