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See how verdicts work3-bedroom house · NE61 3AU
For saleReduced £25k (−5%) on 23 OctListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome this truly unique three-bedroom, Grade II listed farmhouse to the market, located in the picturesque village of Ulgham.
The original structure dates back to the mid-18th century and sits on the site of a former 12th-century Cistercian grange associated with Newminster Abbey.
The home retains a wealth of original features, creating a strong sense of continuity between its historic origins and later renovation.
The setting is notably peaceful and rural, surrounded by open Northumberland countryside, offering a wonderful sense of seclusion while remaining within reach of nearby villages.
Local folklore even suggests the existence of a historic tunnel linking the site to the village church, adding further intrigue.
The property also benefits from easy access to local shops and cafés, with additional amenities available in nearby Widdrington Station and the historic market town of Morpeth, which offers mainline rail links to Newcastle, Edinburgh and London.
Druridge Bay Beach is just a short 10-minute drive away, ideal for family days out.
Upon entering the home, you are welcomed into the kitchen/dining room, a charming space which comfortably accommodates a dining table.
The room features a Belfast sink and incorporates original 18th-century fitted cupboards, adding character and practicality. Adjacent to the kitchen is a convenient utility room.
From here, you are led into the spacious living room, offering ample room for a range of furnishings.
A large window allows natural light to flood the space, while a beautiful fireplace provides a striking focal point.
Living Room (5.62 x 5.69 (18'5" x 18'8")) Kitchen / Dining Room (4.43 x 5.73 (14'6" x 18'9")) Utility (2.53 x 2.08 (8'3" x 6'9")) Bedroom One (3.60 x 5.74 (11'9" x 18'9")) En-Suite (1.93 x 2.26 (6'3" x 7'4")) Bedroom Two (2.64 x 5.71 (8'7" x 18'8")) Bedroom Three (2.50 x 5.67 (8'2" x 18'7")) Bathroom (1.93 x 3.46 (6'3" x 11'4")) To the first floor, there are three bedrooms, each capable of accommodating a double bed along with additional furnishings.
The principal bedroom benefits from an en-suite, complete with a bath, W.C. And hand basin. Completing this floor is the family bathroom, fitted with a bathtub, hand basin and W.C.
Continuing to the upper level, you will find additional versatile space, currently utilised as two loft rooms serving as artist studios, offering flexibility to suit a variety of needs.
Externally, the property boasts a generous garden, mainly laid to lawn, providing an excellent outdoor space to enjoy the surrounding countryside.
There is also off-street parking available for up to four vehicles, adding further convenience to this charming and characterful home.
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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FAQ
About 6, Ulgham Grange Farm Cottages, Morpeth
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