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See how verdicts work3-bedroom bungalow · NE61 5QW
Listing removedListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• portfolio sale • please view virtual tour and floorplans • no onward chain • morpeth NE61 • three bedrooms • one reception • 2 bathrooms (master bedroom ensuite) • detached bungalow • ideal development opportunity (subject to relevant permissions ) • see plans attached • multi vehicle parking • detached garage • EPC rating C • council tax band - D • Located on Mile Road in the charming village of Widdrington, Morpeth, this delightful three-bedroom detached bungalow presents a wonderful opportunity for those looking to create their dream home.
With two spacious reception rooms, this property offers ample space for both relaxation and entertaining, making it ideal for families or those who enjoy hosting guests.
The bungalow while functional, is ready for a modern touch, allowing you to personalise the space to your taste.
This property is in need of updating, which presents a fantastic chance for buyers to add their own flair and style. Please see attached plans.
One of the standout features of this bungalow is the generous multi-vehicle parking available, ensuring convenience for residents and visitors alike.
The surrounding area is peaceful, offering a serene environment while still being within easy reach of local amenities and transport links.
This property is being offered as part of a portfolio sale, making it an attractive option for investors or those looking to expand their property holdings.
With its potential for enhancement and prime location, this bungalow is a rare find in the market. The property includes full planning permission, see photos for more information.
Don’t miss the chance to transform this space into a beautiful home tailored to your needs.
Living Room (5.71 x 4.23 m) This welcoming living room offers a bright and spacious setting, measuring 5.71 by 4.23 metres.
It features a large window allowing natural light to fill the space, alongside patio doors that open out to the decking, creating a pleasant connection between inside and out.
The room provides ample space for both seating and entertainment, making it a comfortable area to relax or socialise.
Kitchen (2.56 x 3.74 m) The kitchen is a practical and well-laid-out space measuring 2.56 by 3.74 metres.
It features a good range of white cabinets with wooden effect worktops, a tiled splashback, and appliances including a gas hob and oven.
A large window overlooks the rear garden, bringing in natural light to brighten the room.
Adjacent is the utility room, providing additional space for laundry and storage with tiled flooring and an external door for ease of access to outside.
Utility Room (2.70 x 2.37 m) The utility room offers a handy space for laundry and household chores, with tiled flooring and a door leading directly outside.
Measuring 2.70 by 2.37 metres, it complements the kitchen well and adds practical value to the home.
Bedroom 1 (3.41 x 4.12 m) Bedroom 1 is a comfortably sized double room measuring 3.41 by 4.12 metres.
It features neutral décor with carpeted floors and a window that provides views towards the front garden, creating a calm and restful atmosphere.
Bedroom 2 (4.51 x 2.21 m) Bedroom 2 is a longer and narrower room measuring 4.51 by 2.21 metres.
It is carpeted, neutrally decorated and benefits from a window looking out to the side garden, offering a quiet space for rest or study.
Bedroom 3 (2.65 x 4.90 m) Bedroom 3 is a longer room measuring 2.65 by 4.90 metres.
It has a window to the rear garden and is currently in need of some finishing work but offers good potential for a bedroom or study space.
Bathroom (1.80 x 2.25 m) The main bathroom benefits from a modern tiled finish with a bath, wash basin, and toilet.
It offers a clean and practical space for family use and measures 1.80 by 2.25 metres.
Bathroom (1.67 x 1.45 m) The second bathroom off befroom 3 is smaller, measuring 1.67 by 1.45 metres, and includes a shower cubicle, toilet, and wash basin.
It is tiled and designed for practical everyday use.
Entrance Hall And Hallways (various) The entrance hall and adjoining hallways provide a bright and welcoming access into the home, with light walls and simple flooring.
They connect the principal rooms and offer practical storage solutions along the way.
Rear Garden The rear garden is a generous outdoor space featuring a large wooden deck area directly accessible from the living room via patio doors.
The decking is surrounded by mature trees and fencing for privacy.
Beyond lies a sizeable lawn bordered by shrubs and garden beds, leading to a large garden shed and ample parking space, all enclosed within fenced boundaries.
Front Exterior The front exterior of the property presents a detached bungalow with white rendered walls and a pitched roof.
It features a spacious gravel driveway providing ample parking space and has a modest garden area with shrubs and low-maintenance planting.
The property is set behind fencing with easy access from the road.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Gilnockie, Mile Road, Morpeth
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