2-bedroom flat · NE61 1BH
Listing removedListed 76 days · slow let
Opportunity summary
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About
Available Now - Rent £950pcm - First Floor Apartment - Available on a Unfurnished Basis - One Allocated Parking Space in Secure Underground Car Park - Close to Town Centre - Lift Access to the Apartment - Call Today Delightful two-bedroom first-floor apartment on Manchester Street in Morpeth.
The property is ideally located in the heart of Morpeth, just a short walk from the town centre with its wide range of shops, supermarkets, cafés, and restaurants.
Excellent schooling is available locally, along with leisure facilities such as Carlisle Park and the Riverside leisure centre.
Morpeth Railway Station provides regular services to Newcastle and beyond, while convenient road links via the A1 make commuting straightforward.
This apartment comprises: an entrance hallway with a useful storage cupboard.
To the right is the master bedroom, benefitting from a front-aspect window, a built-in storage cupboard, and an en-suite shower room with wooden flooring, a washbasin, WC, and a walk-in shower cubicle.
Straight ahead from the hallway is the second bedroom, also enjoying a front-aspect window.
There is a main bathroom with wooden flooring, tiled walls, a washbasin, WC, and a bath with an overhead shower.
At the end of the hallway lies a spacious lounge/dining area, which flows into a modern kitchen.
The kitchen is well-equipped with integral appliances and a range of floor and wall units, providing excellent storage and ample work surface space.
The property has secure parking to the lower ground floor and has lift access through the building. Entrance Hall - Bedroom - 4.60m x 2.68m (15'1" x 8'10") - Measurements taken from widest points.
En-Suite Shower Room - 1.79m x 2.68m (5'10" x 8'10") - Measurements taken from widest points. Bedroom - 2.89m x 2.51m (9'6" x 8'3") - Measurements taken from widest points.
Bathroom - 1.80m x 2.49m (5'11" x 8'2") - Measurements taken from widest points. Lounge/Dining Room - 3.90m x 5.35m (12'10" x 17'7") - Measurements taken from widest points.
Kitchen - 2.33m x 2.65m (7'8" x 8'8") - Measurements taken from widest points. Disclaimer -
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Manchester Street, Morpeth, NE61
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