3-bedroom house · NE61 3FG
Listing removedListed 120 days
Opportunity summary
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About
Summary Located in the Fairmoor Meadows development in Morpeth, this three-bedroom, end of terrace property would be ideal for a first time buyer.
The property benefits from a bright and modern, open-plan kitchen-living area to the ground floor, with a WC for convenience and French doors to the rear garden.
To the first floor are two bedrooms and a family bathroom, with the master bedroom to the top floor for maximum privacy.
Morpeth offers a range of amenities, with schools for all ages, cafes, bars and restaurants, as well as leisure facilities and public transport options, including both a bus station and a mainline train station.
Located just off the A1 trunk road, there is easy access to nearby towns and cities, such as Newcastle upon Tyne. We envisage a high level of interest in this property.
For more information or to book a viewing, please call the Morpeth office.
Council Tax Band: C Tenure: Freehold Kitchen Fitted with a range of wall and base units, complementary work surfaces, integrated fridge-freezer, stainless steel sink with mixer tap, gas hob and electric oven with extractor over, double glazed window to front elevation and herringbone flooring throughout.
Living Room Spacious lounge with herringbone flooring, French doors to the rear garden and a central heating radiator.
Bedroom One Double bedroom to the top floor, carpeted flooring, central heating radiators and Velux windows.
Bedroom Two Double bedroom with carpeted flooring, central heating radiator and a double glazed window to rear elevation.
Bedroom Three Single bedroom with carpeted flooring, central heating radiator and a double glazed window.
Bathroom Fitted suite comprising of WC, hand wash basin, bath with shower over, with laminate flooring, partially tiled walls and a double glazed window.
External To the front of the property is a driveway, to the rear is an enclosed garden laid with lawn, gravel and a decking area to the back, ideal for outdoor entertaining.
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 38, Fennel Way, Morpeth
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