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See how verdicts work3-bedroom bungalow · NE61 3SE
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please quote reference KK049 when enquiring. You Can Wake Up To Open Field Views And Still Be In Newcastle Within The Hour.
This extended and updated stone cottage has been transformed into something rather special, with a sociable kitchen-diner, a vaulted lounge with a spiral staircase and stove and panoramic countryside views.
There's something about waking up to the open Northumberland countryside…the sky feels bigger, the mornings feel slower.
The views from Toll Cottage, with rolling fields stretching away in every direction are the kind you genuinely don't stop noticing.
But despite the sem-rural seclusion in a small hamlet, Morpeth is only fifteen minutes down the road, and you can get to the centre of Newcastle in less than 40 minutes.
This traditional cottage has had a thoughtful modern makeover in recent years, making the most of the timeless period features.
The living room has a double height vaulted ceiling with exposed timber beams, a substantial stone fireplace with a wood-burning stove sitting inside it, and a cast iron spiral staircase that winds up to the first floor.
The sociable kitchen-diner runs to almost 25 feet, with deep blue shaker-style units on both sides, a Belfast sink and a stylish and a practical stone floor underfoot.
The original stained glass rose window sits at the gable end and catches the afternoon sun. At the side, French doors open out to the garden, where the views open up properly.
A brick archway leads through to the hall and the rest of the ground floor where you’ll find two double bedrooms, a utility room and a four-piece family bathroom that's had a luxurious upgrade.
With a freestanding bath, a walk-in rainfall shower, floor-to-ceiling stone-effect tiling and a floating vanity unit, it certainly doesn't feel like a traditional cottage bathroom.
You head upstairs via the spiral staircase from the lounge, which will always be a joy, no matter how often you use them.
Once upstairs, the first floor has a double bedroom and a separate office - both sitting under the roofline with exposed beams and a Velux window that frames the view across open farmland.
It can be a proper work-from-home setup, creative studio or an extra guest room if you need it. Outside, the cottage sits behind a gated gravel drive with plenty of parking and a detached garage.
The garden at the back is mature and well cared for - with neat lawns, established borders and trees for privacy - with the open fields beyond the boundary wall.
The rear of the cottage is where the countryside really makes itself felt. Pigdon is a quiet spot, but it's not remote.
Morpeth is a fifteen minute drive away - good for shops, places to eat and the station.
Being only five minutes from the A1 puts Newcastle within easy reach for commuters and makes the coast or the National Park a straightforward weekend trip.
If you've been looking for an immaculate, unique countryside home that doesn't ask you to give up close to town convenience to get it, Toll Cottage is well worth a look.
Get in touch to arrange a viewing - i’m expecting plenty of interest. EPC Rating: E Council Tax Band: D Tenure: Freehold
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.
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About Toll Cottage, Morpeth
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