We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · NE61 2TG
Listing removedListed 277 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Delightful three bedroom detached bungalow situated within a quiet cul-de-sac in a highly sought-after residential estate in Morpeth.
The location offers a perfect blend of peace and practicality, surrounded by greenery while remaining close to everyday amenities.
This property has undergone recent extension, adding a further versatile room and having undergone comprehensive refurbishment throughout.
It is beautifully presented throughout and in turn key condition for the next owner.
Ideally located, the property is within easy reach of Morpeth town centre, offering a wide range of shops, restaurants, and local services.
Excellent transport links connect the area to neighbouring towns and Newcastle city centre, making it an ideal home for those seeking comfort and convenience in a tranquil setting.
The internal accommodation comprises: An entrance hall providing access to all the main areas of the home. Immediately to the left and straight ahead are two well-proportioned front-aspect bedrooms.
Further along the hallway is a stylish, fully tiled family bathroom fitted with a bath, wash basin, WC and a walk-in shower.
To the left is a generous lounge featuring a modern cinema wall and a large rear-aspect window that allows in an abundance of natural light.
From the lounge, access is gained to the master bedroom, which is dual aspect and benefits from French doors opening directly onto the rear garden.
To the end of the hallway is a modern, well-appointed kitchen fitted with integral appliances including an oven, hob and extractor fan, along with ample floor and wall units providing excellent storage and work surface space.
A door from the kitchen leads into the integral garage.
Externally, the property benefits from a long driveway to the front providing off-street parking for approximately three vehicles, alongside a mature lawned garden bordered by established shrubs and hedging.
The rear garden continues around the property and includes a useful garden shed, offering additional outdoor storage.
Entrance Hall - Lounge - 6.07m x 3.59m (19'11" x 11'9") - Measurements taken from the widest points. Kitchen - 4.04m x 2.63m (13'3" x 8'8") - Measurements taken from the widest points.
Bedroom - 3.92m x 3.59m (12'10" x 11'9") - Measurements taken from the widest points. Bedroom - 2.43m x 2.63m (8'0" x 8'8") - Measurements taken from the widest points.
Bedroom - 4.85m x 3.96m (15'11" x 13'0") - Measurements taken from the widest points. Bathroom - 2.95m x 1.63m (9'8" x 5'4") - Measurements taken from the widest points.
Garage - 5.30m x 2.60m (17'5" x 8'6") - 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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
Agent & docs

FAQ
About Felton Close, Morpeth, NE61
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