3-bedroom bungalow · NE61 2HD
For saleListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome to the market this two-bedroom semi-detached bungalow, ideally situated on Green Lane, a popular residential area of Morpeth.
The property enjoys a convenient location, with Morpeth town centre easily accessible and offering a range of shops, cafés, restaurants and everyday amenities.
Morpeth Stobhillgate First School is also within easy reach, while Morpeth Railway Station is approximately half a mile away, providing excellent transport links towards Newcastle and beyond.
The surrounding area also offers a choice of parks, riverside walks and green spaces.
Upon entering through the porch, you are welcomed into the central hallway, providing access to the main living spaces.
The living room offers ample space for a range of furnishings and benefits from a large window, creating a bright and welcoming environment.
Across the hallway is an additional reception room positioned at the front of the property.
The kitchen provides ample wall and base units, complemented by generous countertop space, with access through to the rear utility room.
The utility room connects to the conservatory, which enjoys views across the rear garden.
Continuing through the property, there are two bedrooms, with the first bedroom located upstairs and featuring a pitched ceiling, allowing ample space for furnishings.
Bedroom two is situated on the ground floor and can comfortably accommodate a double bed with additional furnishings.
Also located on the ground floor is the bathroom, fitted with a shower, WC and hand basin. Externally, the property benefits from both front and rear gardens.
The rear garden is mainly laid to lawn and features a generous patio area, providing an ideal space for outdoor furniture and entertaining.
To the front, there is off-street parking via a private driveway, which also provides access to the garage.
Living Room (4.3 x 3.4 (14'1" x 11'1")) Sitting Room (2.7 x 3.5 (8'10" x 11'5")) Kitchen (3.2 x 2.7 (10'5" x 8'10")) Utility (2.40 x 1.50 (7'10" x 4'11")) Conservatory (2.40 x 3.40 (7'10" x 11'1")) Bedroom One (3.2 x 4.7 (10'5" x 15'5")) Bedroom Two (3.2 x 2.7 (10'5" x 8'10")) Bathroom (2.2 x 2.5 (7'2" x 8'2"))
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 26, Green Lane, Morpeth
Explore nearby