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See how verdicts work3-bedroom house · NE61 5QP
Sold STCReduced £25k (−10%) on 15 SepListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This three-bedroom semi-detached bungalow is situated on the desirable Mile Road in Widdrington, offering a quiet lifestyle surrounded by nature.
Within walking distance from the property are a range of local amenities including convenience stores, takeaways, salons and a local first school, as well as a range of countryside walks.
The historic market town of Morpeth is just a short drive away, and is also accessible via regular buses, offering a wider range of shops, supermarkets, cafes, restaurants and leisure facilities, as well as a mainline train station with services running to Newcastle, Edinburgh and London.
The property itself briefly comprises; Entrance hallway, large open plan living-dining room, kitchen, conservatory, WC, three double bedrooms and a family bathroom.
Externally, the property benefits from a garage, three-car driveway, and a large front garden laid with lawn and bordered with mature shrubs and trees for maximum privacy.
The rear garden is also very private and is thoughtfully laid out with a patio area, lawn area and large planters, as well as fruit trees, including apples and plums.
Due to the potential this property offers, we expect a high level of interest. For more information contact the Morpeth office.
Council Tax Band: D Tenure: Freehold Living Room Open plan living-dining room laid with carpeted flooring, large double glazed windows to front elevation and side elevation, central heating radiators and a fireplace.
Kitchen Fitted with a range of wall and base units with complementary countertops, integrated electric oven and hob with extractor fan over, stainless steel sink with mixer tap, space for a fridge and freezer, plumbing for a washer and dryer, as well as a large double glazed window to rear elevation.
WC Fitted with WC, hand wash basin and central heating radiator, double glazed window and tiled walls and flooring.
Conservatory With laminate flooring, central heating radiator and double glazed windows.
Bedroom One Large double bedroom with fitted wardrobes, carpeted flooring, double glazed window to front elevation and a central heating radiator.
Bedroom Two Double bedroom with carpeted flooring, double glazed window to rear elevation and a central heating radiator.
Bedroom Three Double bedroom with carpeted flooring, double glazed window to rear elevation, fitted wardrobes and a central heating radiator.
Bathroom Fitted suite comprising; WC, bidet, hand wash basin, shower cubicle and bath, tiled flooring and tiled walls, and double glazed window to rear elevation.
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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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
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FAQ
About Troutbeck, Mile Road, Morpeth
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