We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · NE61 3GQ
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This impressive home has a DUAL ASPECT LOUNGE and stylish kitchen with dining and family areas with FRENCH DOORS that open out onto the garden.
Upstairs are two double bedrooms with an EN SUITE shower room to the main bedroom, a single bedroom and a family bathroom.
Room Dimensions 1 Bathroom - 2025mm x 1811mm (6'7" x 5'11") Bedroom 1 - 4324mm x 4053mm (14'2" x 13'3") Bedroom 2 - 3336mm x 2978mm (10'11" x 9'9") Bedroom 3 - 2713mm x 2265mm (8'10" x 7'5") Ensuite 1 - 1856mm x 1771mm (6'1" x 5'9") G Kitchen / Family / Dining - 5450mm x 3143mm (17'10" x 10'3") Lounge - 5450mm x 3148mm (17'10" x 10'3") Utility - 1799mm x 1688mm (5'10" x 5'6") WC - 1480mm x 1014mm (4'10" x 3'3")
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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