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See how verdicts work3-bedroom house · NE61 6FE
For saleListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain! This is a fabulous 25% shared ownership, three bedroomed townhouse, located on the ever-desirable George Fitzroy Court, St Marys Park.
Set over three floors, this home offers spacious bright and airy rooms throughout, ideal for growing families.
The property is nestled within in a small and well-established development, which also features a gastro pub on your door-step.
The picturesque village of Stannington is surrounded by greenery, with fabulous walks and offers a first school, making this location ideal for families.
Morpeth Town Centre is only a short drive, where you will find an array of bars, restaurants and shopping delights to choose from.
The property briefly comprises:- Entrance, leading upstairs and straight into a spacious open plan lounge/kitchen which has been finished with grey laminate flooring and modern décor.
The kitchen has been fitted with a range of modern wall and base units, offering excellent storage and views over the rear garden.
Appliances include a four-ring gas hob with electric oven, plus you have space to house your own fridge/freezer and washing machine.
You have three generous sized bedrooms, one single which could also be used as an office to suit, and two good sized doubles which are located on the top floor.
All bedrooms have been carpeted throughout and finished with modern décor. The master bed and the second bed both benefit from their own ensuites.
The family bathroom has been finished with W.C., hand basin and bath tub. Externally to the front you have a private driveway plus a garage.
The garage provides direct access to your fully enclosed garden which is low maintenance and an ideal space for those who enjoy outdoor entertaining.
To the rear you further benefit from beautiful communal landscaped gardens to enjoy. Early viewings are highly recommended to appreciate this beautiful home.
Measurements Lounge/Kitchen: 16'1 x 14'3 (4.90m x 4.34m) Bedroom One: 16'1 x 14'4 Max Points (4.90m x 437m) En-suite: 7’8 x 5’4 (2.34m x 1.63m) Bedroom Two: 11’6 x 9’1 (3.51m x 2.77m) En-suite: 5’5 x 3’2 (1.65m x 0.97m) Bedroom Three: 11’4 x 9’1 Max Points (3.45m x 2.77m) Bathroom: 7’9 x 5’6 (2.36m x 1.68m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre to premises Mobile Signal / Coverage Blackspot: No Parking: Driveway & Garage Tenure Leasehold – It is understood that this property is leasehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Lease term: 125 years from 1st February 2020. EPC Rating: B Council Tax Band: C
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 3, George Fitzroy Court, Morpeth
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