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See how verdicts work2-bedroom flat · NE61 1BW
For saleReduced £10k (−5.7%) on 26 OctListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented two-bedroom apartment on Wellway Court, Morpeth, offering spacious accommodation, parking, and a superb setting in the town centre.
The property benefits from a bright living room, a modern fitted kitchen with a dedicated dining area, two generous double bedrooms, including a main bedroom with an en suite shower room, and a contemporary family bathroom.
The second bedroom benefits from fitted wardrobes, while additional storage, a secure communal entrance, an allocated parking space, and residents' parking further enhance the practicality of this well-maintained home.
Situated within a popular residential development on Wellway Court, the apartment is ideally positioned within easy reach of Morpeth's bustling town centre, where a wide selection of independent shops, cafés, restaurants, supermarkets, and leisure facilities can be found.
Excellent road links via the A1 provide convenient access to Newcastle and the wider region, while Morpeth railway station offers direct services along the East Coast Main Line.
Offering low-maintenance living in a highly convenient location, this property is an excellent choice for professionals, downsizers, and those seeking a well-connected home.
A welcoming entrance hall provides access to all rooms, together with a useful storage cupboard.
The contemporary kitchen and dining area is fitted with a range of wall and base units, complementary work surfaces, a grey tiled splashback, an integrated oven, an induction hob with extractor above, and space for additional appliances.
A large window fills the room with natural light while providing pleasant open views, creating an ideal space for everyday dining.
The impressive living room offers generous proportions, creating an excellent space for both relaxing and entertaining.
Dual aspect windows allow an abundance of natural light to flow throughout, enhancing the bright and airy feel.
Beautifully presented with neutral décor and soft carpeting, the room offers ample space for a variety of furniture arrangements.
The main bedroom is a spacious double room benefiting from a well-appointed en suite shower room featuring a glazed shower enclosure, pedestal wash hand basin and WC.
The second double bedroom is also generously proportioned and benefits from fitted wardrobes, while being served by the family bathroom, complete with a panelled bath, pedestal wash hand basin and WC.
Both bedrooms are beautifully presented and enjoy excellent natural light.
Externally, the property forms part of a modern purpose-built development with a secure communal entrance and well-maintained shared areas.
together with additional residents' parking, offering convenient off-street parking within this highly desirable development.
On The Second Floor - Hall - Living Room - 5.19m x 4.42m (17'0" x 14'6") - Measurements taken from the widest points.
Kitchen/Diner - 3.00m x 3.15m (9'10" x 10'4") - Measurements taken from the widest points. Bedroom - 3.06m x 3.15m (10'0" x 10'4") - Measurements taken from the widest points.
En-Suite - 3.11m x 1.32m (10'2" x 4'4") - Measurements taken from the widest points. Bedroom - 5.35m x 3.35m (17'7" x 11'0") - Measurements taken from the widest points.
Bathroom - 2.48m x 1.73m (8'2" x 5'8") - Measurements taken from the widest points.
Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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
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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
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FAQ
About Wellway Court, Morpeth, NE61
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