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See how verdicts work3-bedroom house · NE61 6TD
Listing removedListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This three-bedroom link-detached property, is located on Warkworth Drive in the popular village of Pegswood.
The property is within walking distance of local amenities such as convenience stores, a cafe, an ofsted approved first school and public bus stops, with services running to a range of local towns and villages.
The historic market town of Morpeth is just over two miles away offering a wider range of shops, supermarkets, leisure facilities, restaurants and schools for all ages, as well as a mainline train station with services running as far as London and Edinburgh, ideal for those who need to commute.
The property itself comprises of a large open-plan living-dining room and a modern kitchen to the ground floor. To the first floor are three double bedrooms and a family bathroom.
Externally, the property benefits from a front garden and driveway, a single garage with integral access and a large, South facing rear garden laid with lawn and patio, perfect for al fresco dining.
We expect a high level of interest in this property, for more information or to book a viewing please call the Morpeth office.
Council Tax Band: B Tenure: Freehold Kitchen Fitted with a range of wall and base units and complementary work surfaces, integrated electric oven, gas hob and extractor fan, tiled backsplash and flooring, sink with mixer tap and space for fridge-freezer and washer.
Double glazed window to rear elevation and door to rear garden.
Living Room Spacious and bright open-plan living dining area, with carpeted flooring, central heating radiator, double glazed window to front elevation and French doors to rear garden.
Bedroom One Large double bedroom with carpeted flooring, central heating radiator double glazed window to front elevation Bedroom Two Large double bedroom with storage cupboard, carpeted flooring, a central heating radiator and a double glazed window to rear elevation.
Bedroom Three With fitted wardrobes and desk, carpeted flooring, a double glazed window to front elevation and a central heating radiator.
Bathroom Fitted suite comprising; WC, hand wash basin, tiled bath with shower over and heated towel rail.
Tiled walls and flooring as well as built in storage cupboards and a double glazed window to rear elevation.
External To the front of the property is a single garage with integral door, driveway and front garden laid with lawn.
To the rear is an enclosed, South facing garden laid with lawn and patio, ideal for al fresco dining or outdoor entertaining.
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
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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
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FAQ
About 2, Warkworth Drive, Morpeth
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