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See how verdicts work2-bedroom house · NE61 6FR
Listing removedListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guaranteed to impress, sits this well presented two bedroomed end terrace home on Appletree View, Pegswood. An area that is hugely desirable with families.
The property itself is set within a small cluster of homes, with a delightful garden to the rear, whilst internally offering a well-presented property which is ready to move straight into.
Pegswood itself offers local amenities on your doorstep to include a Co-op and doctor's surgery, whilst the historic town of Morpeth is only a short drive away, where you can enjoy the hustle and bustle this busy market town has to offer with an array of bars, restaurants, river walks and shopping delights.
The property briefly comprises:- Entrance hallway, downstairs W.C, and a lovely open plan lounge/kitchen which has been finished with crisp white walls and patio doors, which lead you straight out to enjoy the rear garden.
The high spec kitchen has been fitted with a range of wall and base gloss units, offering an abundance of storage and integrated appliances to include four ring gas hob, electric oven, fridge/freezer, dishwasher and washing machine / dryer.
To the upper floor, you have two good sized doubled bedrooms, both of which has been fitted with a light beige carpet.
The family bathroom has been finished with W.C., hand basin, bath tub and shower over bath.
Externally, you have a private paved driveway which can accommodate two cars, with additional on street parking available.
To the rear, you have a fantastic enclosed garden, which offers that all important southernly aspect. Currently laid to lawn with patio area and additional separate walkway for bin access.
This garden will be ideal for those who enjoy outdoor living. This could be a fantastic property for a first-time buyer or someone looking for a property within a highly requested village.
Measurements Kitchen/Lounge: 24’5 x 12’11 Max Points (7.44m x 3.94m Max Points) W.C: 4’10 x 3’5 (1.24m x 1.06m) Bedroom One: 12’11 x 7’10 (3.94m x 2.16m) Bedroom Two: 8’10 x 12’11 Max Points (2.46m x 3.94m Max Points) Bathroom: 6’00 x 6’3 (1.83m x 1.91m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains gas Broadband: Fibre to Cabinet Mobile Signal / Coverage Blackspot: No Parking: Private Driveway 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.
EPC Rating: B Council Tax Band: B
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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FAQ
About 8, Appletree View, Morpeth
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