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See how verdicts work4-bedroom semi-detached house · NE61 2HD
Listing removedListed 53 days
Opportunity summary
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About
Please quote reference KK049 when enquiring. A Chain Free Family Home Where The Hard Work’s Already Been Done For You.
Extended over the garage to add a 4th bedroom and bathroom, with a wood burner in the 17m lounge and a more practical use of space downstairs.
Two “Good” schools are nearby, just like Coopies Way and the countryside.
Moving house often means going from somewhere you’ve got “just right” to a kitchen that needs replacing, walls that need repainting, a bathroom stuck in the past.
Here, all of that's already been sorted. You get to skip straight to living in it and enjoying it. The extension above the garage is the clever, truly transformational change.
It added another double bedroom and a bathroom upstairs, which in turn freed up the original bathroom to become an ensuite for the bedroom at the back.
That's four bedrooms in total (three doubles), with two more at the front for the kids or a home office.
Downstairs, the garage itself has had a rethink too - the back half is now a proper utility room reached straight from the kitchen, and the front still has its up-and-over door for bikes, boxes and anything else you'd rather not trip over in the hallway.
The kitchen itself is a modern shaker style with room to actually cook and a small, neat breakfast bar under the stairs.
The 17.5m living room runs from front to back, with a wood burner and doors out to a conservatory that stretches the space further still on brighter days.
Upstairs, the main bathroom keeps its classic rolltop, clawfoot bath with a shower over it.
Outside, the southwest facing garden has a paved patio and lawn, big enough for the football to come out without anyone worrying about the flowerbeds.
Collingwood School (for older kids) and Stobhillgate First School sit next to each other, both less than a 10 minute walk away.
Coopies Lane Industrial Estate is close enough to make leaving the car at home on the drive an option when the weather’s fine.
Morpeth town centre is about a five minute drive away, with the station even closer, and the countryside starts right where the neighbourhood ends.
If you want a bigger family home without the renovation project that usually comes with it, this one's already done the hard work for you.
I’m expecting plenty of interest so get in touch to arrange a viewing. Tenure: Freehold Council Tax Band: C EPC Rating: D
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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About 5, Green Lane, Morpeth
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