3-bedroom property · NE61 6RE
For saleReduced £5k (−1.5%) on 21 JunListed 324 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East welcomes you to this charming three-bedroom semi-detached home, situated in the peaceful residential area of Pegswood, Morpeth.
With convenient local amenities close by and green spaces within easy reach, the property enjoys a calm and well-positioned setting within the village.
Pegswood train station offers excellent transport links, ensuring easy access for commuters and families alike.
Step through the entrance hallway into the welcoming and spacious living room, where large windows allow natural light to fill the space.
The kitchen provides an attractive range of wall and base units, quality countertops, and the added benefit of skylights, creating a bright and airy feel.
Elegant French doors lead directly out to the rear garden. A useful utility room and WC complete the ground floor.
Continuing to the first floor, you’ll find three well-proportioned bedrooms, each offering ample space for furnishings and benefiting from built-in storage.
The principal bedroom enjoys its own en suite for added comfort. The family bathroom, featuring a bath, wash basin, and WC, completes this lovely home.
Externally, the property enjoys a well-maintained rear garden laid to lawn with a connecting patio, providing an ideal space for relaxation or outdoor dining.
Off-street parking is available via a garage, offering further convenience for residents.
Living Room (5.02 x 6.66 (16'5" x 21'10")) Kitchen (3.73 x 5.52 (12'2" x 18'1")) Utility (2.23 x 2.05 (7'3" x 6'8")) Wc (1.27 x 2.22 (4'1" x 7'3")) Bedroom One (3.38 x 3.22 (11'1" x 10'6")) Bedroom Two (4.22 x 2.49 (13'10" x 8'2")) Bedroom Three (3.43 x 1.92 (11'3" x 6'3")) Bathroom (2.04 x 1.9 (6'8" x 6'2"))
Value & comps
No previous sales on record.
Returns
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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 4 North Farm, Pegswood Village, Morpeth
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