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See how verdicts work2-bedroom flat · NE61 1PT
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TWO BEDROOMS | NO UPPER CHAIN | MUST BE VIEWED Wonderful two-bedroom first floor apartment at Chantry Mews on Bridge Street in Morpeth, offering well-planned accommodation within a popular town-centre development.
The property provides a comfortable and practical home, with two bedrooms, a bathroom, a separate kitchen and a generous lounge and dining area.
The apartment benefits from a prime town centre location and offers well-proportioned accommodation throughout.
Offering flexible living arrangements, with two good sized bedrooms, a separate kitchen and lounge/dining space create a practical layout for everyday living.
The property also benefits from its position within Chantry Mews, providing a straightforward and convenient home for those looking to enjoy town centre living.
This sought after development is in easy reach of Morpeth’s excellent range of shops, cafés, restaurants and everyday amenities.
Carlisle Park and other local facilities are also nearby, while Morpeth railway station provides rail connections and the A1 offers convenient road links to the wider region.
The external door has a secure entry system and leads to the property. The apartment offers its own hallway with access to the accommodation.
The generous lounge and dining area provides a comfortable principal reception space, with large feature windows providing pleasant views over the historic Morpeth Chantry and natural light.
The room also benefits from sufficient space for both living and dining furniture.
The separate kitchen provides a practical space and ample storage for everyday cooking and use, with the layout offering convenient access from the main living accommodation.
The property provides two well-proportioned bedrooms.
The principal bedroom offers a comfortable private space worth its own en suite shower room, while the second bedroom provides useful additional accommodation and could also lend itself to use as a guest bedroom or home office, depending on the purchaser's requirements.
The main bathroom completes the accommodation. Externally, the property forms part of the Chantry Mews development, with communal areas providing access to the apartment.
A dedicated bay within the secure parking area is included. On The First Floor - Entrance Hall - Living Room - 5.78m x 5.24m (19'0" x 17'2") - Measurements taken from the widest points.
Bathroom - 1.55m x 2.82m (5'1" x 9'3") - Measurements taken from the widest points. Bedroom - 2.63m x 3.95m (8'8" x 13'0") - Measurements taken from the widest points.
En-Suite Shower Room - Bedroom - 3.05m x 2.00m (10'0" x 6'7") - Measurements taken from the widest points. Kitchen - 2.04m x 5.24m (6'8" x 17'2") - Measurements taken from the widest points.
Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
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FAQ
About Chantry Mews, Bridge Street, Morpeth NE61
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