2-bedroom flat · NE61 2TW
Listing removedListed 75 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Immaculately presented two bedroomed upstairs apartment, located within the ever-popular Stobhill estate on Grange Road.
This location, is ideal for commuters, being just a 5 minute walk to Morpeth train station.
The property has just undergone a full refurbishment, to include freshly painted walls and a new bathroom suite.
Morpeth itself, is also within easy reach, where you will find the hustle and bustle of busy bars, restaurants and shopping delights. Available straight away.
The property briefly comprises:- Stairs leading to an upstairs apartment, where you walk straight into a large bright and airy lounge, furnished with sofa, coffee table and dining table with chairs.
The kitchen has been fitted with a range of gloss wall and base units, offering plenty of storage. Appliances include fridge/freezer, washing machine and electric oven/hob.
The bathroom has been partially tiled in a slick modern grey, complimented with W.C., hand basin, bath and shower over bath.
You have two generous sized double bedrooms, both of which have fitted with carpets and come furnished with beds, drawers and wardrobes, offering excellent storage. On street parking is available.
Measurements Lounge: 17'2 x 11'10 (5.24m x 3.38m) Kitchen: 7'4 x 6'9 (2.25m x 2.10m) Bedroom One: 17'2 x 10'8 Max Points (5.24m x 3.29m Max Points) Bedroom Two: 10'8 x 9'0 Max Points (3.29m x 2.74m Max Points) Bathroom: 7'3 x 5'2 (2.22m x 1.58m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Fibre Mobile Signal / Coverage Blackspot: No Parking: On street EPC Rating: C Council Tax Band: A Holding Deposit: £150 Security Deposit £750
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 19, Grange Road, Morpeth
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