3-bedroom semi-detached house · NE61 3EY
Listing removedListed 51 days
Opportunity summary
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About
Beautifully presented three bedroomed semi-detached home, situated on the ever-popular Geranium Drive, Morpeth.
The property is nestled within a small and quiet development, ideal for those looking for an idyllic semi-rural living.
It offers a fantastic spot for commuters and families alike as you have easy access to the A1 North and South, whilst the bustling town of Morpeth is but a short drive away where you will find an abundance of bars, schools, river walks, supermarkets and shopping delights to choose from.
Internally the property offers spacious rooms throughout with a generous sized garden located to the rear.
The property is a Discount Market Value property and will be sold at 70% of the open market value agreed by Northumberland County Council.
Discount Market Value homes are subject to criteria within the Section 106 section on the Northumberland County Council website.
If you feel you meet the criteria, please contact Rook Matthews Sayer and we will provide an application form that can be completed and sent to .
The accommodation briefly comprises of: Entrance hallway, large downstairs W.C., bright and airy lounge which is flooded with natural light and offers gorgeous views over the rear garden which can be accessed directly from the lounge.
The kitchen has been finished to a high standard, fitted with gloss wall and base units and completed with a wood counter top. Integrated appliances include fridge/freezer, double oven and a gas hob.
To the first floor there are three generous sized bedrooms, two doubles and one single.
All of bedrooms have been carpeted throughout and finished with crisp white walls, whilst the master bed comes with fitted wardrobes, offering excellent storage.
The family bathroom has been Partially tiled and complimented with W.C., hand basin, bath and shower over bath.
Externally you have a private drive providing allocated parking spaces for two cars and a fabulous enclosed garden to the rear, which has ben laid to law and finished with decking and patio areas.
The garden space is ideal for those who enjoy outdoor entertaining. Guaranteed to impress, this is home will attract a huge amount of interest!
This could be a fantastic property for a first-time buyer!
Measurements Kitchen: 10'4 x 10'10 (3.15m x 3.30m) Lounge: 17'4 x 12'7 (5.28m x 3.84m) W.C: 6'2 x 4'8 Bedroom One: 10'4 x 17'4 Max Points (3.15m x 5.28m Max Points) Bedroom Two: 9'11 x 10'11 (2.99m x 3.33m) Bedroom Three: 7'2 x 10'11 (2.18m x 3.33m) Bathroom: 6'3 x 6'11 (1.91m x 2.11m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Central Gas Broadband: Fibre to Premises Mobile Signal / Coverage Blackspot: No Parking: Private Driveway and Additional 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: B Council Tax Band: C
Value & comps
No previous sales on record.
Returns
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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 10, Geranium Drive, Morpeth
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