3-bedroom property · NE19 1HE
Listing removedListed 316 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Currently run as a successful holiday let, this spacious three-bedroom lodge is in located in the highly desirable Otterburn Hall grounds, providing a rural feel while only being a short drive from a range of amenities.
The village of Otterburn offers convenience stores, pubs and cafes, as well as beautiful countryside walks.
There are multiple wedding venues in the village, providing a wide scope for potential bookings.
Northumberland National Park is England's Northernmost national park and houses remnants of Hadrian's Wall, the rolling Cheviot Hills and Kielder Forest and Water, home to Europe's largest man-made lake and forest.
The vast open spaces offer tranquility and adventure, making it an ideal place for a short break in a cosy woodland lodge.
The property briefly comprises; Spacious and bright open-plan kitchen-living area, three spacious double bedrooms, with an en-suite to the master, and a modern family bathroom.
Externally the property benefits from an extended deck with a sunken hot tub and two private off street parking spaces. For more information or to book a viewing, please call the Morpeth office.
Tenure: Leasehold Annual Ground Rent Amount: 500.00 Annual Service Charge Amount: 3,300.00 Living Room A modern and cozy lounge area with a media wall fitted with an electric fire, French doors to the deck area, laminate wooden floor, and a double glazed window to side elevation.
Kitchen-Diner Fitted kitchen comprising; a range of wall and base units with complementary work surfaces, fitted fridge-freezer, microwave, electric oven and hob, sink with mixer tap, laminate wooden flooring, a breakfast bar, dining table and double glazed window.
Bedroom One Double bedroom with fitted wardrobe, carpeted flooring, radiator and a double glazed window.
Bedroom Two Double bedroom with carpeted flooring, fitted wardrobe, radiator and double glazed window.
Bedroom Three Double bedroom with carpeted flooring, radiator and double glazed window to side elevation.
Bathroom Fitted suite comprising of WC, hand wash basin with vanity unit under, bath with shower over, extractor fan and a double glazed window. Tiled walls and flooring throughout.
En-Suite Fitted suite comprising of WC, hand wash basin with vanity unit, shower cubicle, heated towel rail, tiled walls and flooring, extractor fan and double glazed window.
External The property benefits from two private parking spaces, as well as an extended deck area with a sunken hot tub, seating areas and a BBQ area, ideal for al fresco dining or relaxing after a long countryside walk.
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
Agent & docs
FAQ
About Settlers Lodge, 17, Newcastle upon Tyne
Explore nearby