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See how verdicts work3-bedroom terraced house · NE61 3BP
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared Ownership This brand new home is available to buy from as little as £131,250 with a 50% share!
Discover Edward's Birch, an exciting new community on the edge of the historic market town of Morpeth, where contemporary living meets the beauty of the Northumberland countryside.
A stunning collection of brand new 2,3 and 4 bedroom homes available via Shared Ownership, this thoughtfully planned development offers the perfect opportunity for buyers to enjoy modern, energy efficient living in a peaceful setting while remaining close to everything needed for everyday life.
Morpeth is one of Northumberland's most desirable market towns, renowned for its charming streets, independent boutiques, cafés, restaurants and excellent leisure facilities.
Residents can enjoy scenic riverside walks, beautiful parks and easy access to the breathtaking Northumberland coastline, with picturesque destinations including Amble and Alnwick just a short drive away.
Whether you're looking for outdoor adventure or a vibrant town centre atmosphere, Edward's Birch offers the best of both worlds.
Perfectly positioned for commuters, the development enjoys excellent transport links with the A1 close by, providing convenient routes north and south, while Morpeth railway station offers regular East Coast Main Line services to Newcastle, Edinburgh and London.
Combining a sought after location, beautifully designed homes and fantastic connectivity, Edward's Birch is an exceptional place to take your next step onto the property ladder through Shared Ownership.
Built to the ‘Lansdown’ design, this impressive end terrace home features a spacious kitchen/diner at the back of the house with double doors that open to the rear garden.
There is a living room and a cloakroom to complete the ground floor accommodation. The first floor offers three bedrooms (principal bedroom with an en suite) and a family bathroom.
Externally is allocated parking and an enclosed garden. Flooring included throughout, and oven, hob, extractor fan included.
Pricing & affordability Full Market Value: £262,500 25% Share Price: £65,625 (rent £451.17pcm) 40% Share Price: £105,000 (rent £360.94pcm) 50% Share Price: £131,250 (rent £300.78pcm) 75% Share Price: £196,875 (rent £150.39pcm) Minimum 5% Mortgage Deposit (25% share): £3,281 Approximate Service Charges: £40.05 pcm* Shared Ownership Lease: 990 years Council Tax Band: Tbc Eligibility Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property.
The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
At Edwards Birch, advertised shares start at 25% (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.
To be eligible for shared ownership you would need to meet the following criteria: • Your annual household income does not exceed £80,000.
• You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st October each year.
**These photos are for information purposes only and may not represent a true likeness for the units being sold.
They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific.
We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.
Value & comps
No previous sales on record.
Returns
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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.
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About Edwards Birch - Plot 86 (Lansdown), 5, Beeswing Avenue, Northumberland
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