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See how verdicts work2-bedroom house · NE61 1TS
Listing removedListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic two bedroomed terraced property located in the heart of Morpeth.
The property boasts a superb location, Jackson Terrace is a short walk from Morpeth Town Centre, where you will find an array of traditional shops, local bars, restaurants and delightful river walks all on your doorstep.
Internally the property offers modern décor throughout with a newly fitted kitchen and bathroom.
The property briefly comprises: A high spec kitchen which has been fitted with a handy breakfast bar and a range of wall and base units, offering an abundance of storage.
Appliances include ceramic hob, electric oven, and fridge freezer. The lounge is a generous sized room with views over the garden which can be accessed via the large double patio doors.
The lounge has been fitted with a log burner, which is the focal point of the room and will be ideal for those cosy winter nights.
To the upper floor of the accommodation, you have two good sized bedrooms. One of which is currently split into two to create two single bedrooms.
The family bathroom has been fitted with a basin, bathtub and shower over bath. There is a separate WC.
Externally to the front of the property, there is a fully enclosed garden which comes with its own summer house and will be ideal for those who enjoy outdoor entertaining.
Whilst to the rear of the property there is enclosed yard. The enclosed yard has potential to be converted to a drive, with a dropped kerb already being in place.
On street parking is currently available. This could be a fantastic property for a first-time buyer, or someone looking for a property within a highly requested area.
Measurements Kitchen: 14'11 x 6'10 (4.55m x 2.08m) Lounge: 14'11 x 17'5 Max Points (4.55m x 5.31m Max Points) Bedroom One: 11'11 x 6'11 (3.63m x 2.11m) Bedroom Two: 7'5 x 8'2 (2.26m x 2.49m) Bedroom Three: 10'7 x 6'5 Max Points (3.23m x 1.96m Max Points) Bathroom: 8'4 x 5'9 (2.54m x 1.75m) W.C: 2'8 x 3'8 (0.85m x 1.15m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Gas Central plus Log Burner Broadband: Fibre to Premises Mobile Signal / Coverage Blackspot: No Parking: On Street Parking Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. EPC Rating: Tbc Council Tax Band: A
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 2, Jackson Terrace, Morpeth
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