3-bedroom terraced house · NE61 1AQ
No longer listedReduced £25 (−2.7%) on 28 SepListed 68 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: 2988184. Presented in fantastic condition, this unfurnished three-bedroom family home is located close to Morpeth town centre and is ready for immediate occupation.
The property features brand-new plush carpets across the stairs and bedrooms, alongside stylish laminate flooring through the hallway and the expansive living room.
The accommodation comprises a welcoming entrance hallway, a generous living area filled with natural light, and a contemporary kitchen equipped with sleek cabinetry, dark worktops, and an integrated oven and fridge-freezer.
Upstairs, you will find three well-proportioned bedrooms, with one benefiting from built-in wardrobe storage.
Externally, the house offers a low-maintenance gravelled rear garden and a neat, enclosed front yard, complemented by first-come, first-served parking available nearby.
Situated just a short distance from Morpeth town centre, the home enjoys excellent transport links with local bus routes and the train station for effortless commuting.
Families will benefit from a great selection of highly rated local primary and secondary schools nearby.
Additionally, daily essentials are fully catered for with major supermarkets and local shops within easy reach.
Early viewings are highly recommended to appreciate everything this wonderful rental property has to offer.
Summary & Exclusions: - Rent Amount: £1,000.00 per month (£230.77 per week) - Deposit / Bond: £1,000.00 - 3 Bedrooms - 1 Bathrooms - Property comes unfurnished - Available to move in from 22 August 2026 - Maximum number of tenants is 4 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - Property has garden access - EPC Rating: D If calling, please quote reference: 2988184 Fees: You will not be charged any admin fees.
** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.
OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.
When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.
This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.
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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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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About Dawson Place, Morpeth
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