3-bedroom semi-detached house · NE61 6NU
Let agreedReduced £100 (−8.4%) on 9 OctListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Refurbished to a high standard, 3 bedroomed semi detached situated within rural setting although only a 10 minute walk to Morpeth train station.
Entrance gate opening to gravelled driveway with adequate parking for 3 cars. Property has newly fitted grey carpets & skimmed walls painted white throughout.
Entrance lobby opening to lounge with feature fire surround, newly fitted grey kitchen / diner with built in oven & hob and modern vertical radiators.
First floor comprises, 2 double & 1 single bedrooms - master bedroom has a range of fitted wardrobes, family shower room with white suite. South facing enclosed lawned garden to front.
Council tax band 'B'.
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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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
Agent & docs
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FAQ
About 2, Dunces House, Morpeth
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