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 work2-bedroom terraced house · NE61 5YE
Listing removedListed 381 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** THREE BEDROOMS - TERRACE HOUSE- IN NEED OF MODERNISATION - CHAIN FREE - SPACIOUS LIVING - VILLAGE LOCATION - EPC GRADE C *** A fantastic opportunity to secure a three-bedroom family home in the desirable area of Lynemouth.
This property benefits from double glazing and gas central heating, and while it is in need of modernisation, it offers excellent potential for investors, first-time buyers, or families looking to create their dream home.
The accommodation is thoughtfully arranged over two floors. On the ground floor, an entrance hallway leads to a comfortable lounge, a kitchen, and a convenient downstairs W/C.
Upstairs, three well-proportioned bedrooms provide ample space for family living, complemented by a family bathroom.
Externally, the property enjoys spacious front and rear gardens, perfect for outdoor entertaining, relaxing, or simply enjoying the Northumberland lifestyle.
With its generous living space and excellent potential to personalise, this home represents a rare opportunity in the area.
Early viewing is strongly recommended to fully appreciate what this property has to offer. To arrange a viewing, please contact our Morpeth office today.
Entrance Hallway Door to front elevation, stairs to first floor landing.
Downstairs W/C Double glazed window, fitted with a low level W/C Lounge 14' 4'' x 14' 1'' (4.37m x 4.29m) Double glazed window to front elevation, wall mounted radiator.
Kitchen 14' 0'' x 8' 4'' (4.27m x 2.55m) Double glazed windows to rear, fitted with a range of wall and base units with coordinating work surfaces.
Stairs To First Floor Landing Access to loft Bedroom One 13' 6'' x 10' 3'' (4.12m x 3.12m) Double glazed windows to front elevation, wall mounted radiator.
Bedroom Two 9' 10'' x 8' 11'' (3.00m x 2.72m) Double glazed window to rear elevation, wall mounted radiator.
Bedroom Three 9' 7'' x 7' 1'' (2.92m x 2.17m) Double glazed window to rear elevation, wall mounted radiator.
Family Bathroom 7' 5'' x 4' 9'' (2.27m x 1.44m) Double glazed window, fitted with a white three piece suite comprising of panel bath, pedestal wash hand basin, low level W/C.
Rear Garden Enclosed garden with fenced boundaries, mainly laid to lawn. Front Garden Enclosed garden to front, laid to lawn with paved path and gated access.
EPC Graph A full copy of the Energy Performance Certificate can be provided upon request. Tenure We are advised by our vendor clients that the property is held freehold.
Any interested party should ask their legal advisors to confirm this.
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 Matlock Square, Lynemouth, Morpeth
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