3-bedroom house · NE61 6BL
For saleReduced £7.5k (−4.8%) on 23 OctListed 84 days
Opportunity summary
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About
Please quote reference kk)49 when enquiring.
Discounted market value home (Section 106) - Own 100% but pay just 70% - a smart way to get on the housing ladder if you qualify This stylish and modern mid-terrace in sought after St Mary’s comes with a south facing garden and parking.
You may have thought that you only got “affordable homes” discounts on tiny starter homes.
And yes, this modern mid-terrace could be perfect for a first time buyer…but it's also big enough and versatile enough for growing families too.
Built by Bellway just over a decade ago and immaculately kept since then, St Mary's Park is a sought after development just a few miles from Morpeth and the A1.
This three bedroom mid terrace has a simple but versatile layout that works hard whether it's a first home or a family one - with a kitchen-diner and living room downstairs, three bedrooms and a bathroom upstairs.
The kitchen-diner has been fitted with soft brown woodgrain units, a gas hob and a built-in Zanussi oven, with a bold teal feature wall that stops it feeling like every other new-build kitchen you've toured.
Through to the living room, there's space to actually live - a corner sofa, a dining spot by the French doors, and enough room to have people round without everyone perched on the arm of a chair.
The French doors open straight onto the south facing, low maintenance back garden.
Upstairs, the primary bedroom is a genuinely spacious bedroom currently featuring a king size bed with a jungle green feature wall, built-in shelving and room for a full bedroom set plus a reading chair.
The two further bedrooms are flexible enough for a second double, a single, a home office or a nursery, and the stylish family bathroom serves all three rooms.
Outside, the south facing garden is 90% decking - perfect for that first housewarming BBQ - with a gate leading to your own private parking space.
This is a chain-free sale, so there's no waiting on someone else's move to make yours happen.
St Mary’s Park is a peaceful estate in the Northumberland countryside - but despite the semi-rural spot, you’re not stuck out into the sticks.
Whether you’re heading into Newcastle for work or hopping to Morpeth for a weekend wander around the shops, you’re brilliantly connected too.
It’s less than a 10 minute drive to the A1 at Stannington, meaning you can be in Morpeth in less than 15 minutes and the centre of Newcastle or the MetroCentre in around half an hour.
There’s also regular trains from Morpeth to Newcastle - and being on the East Coast Mainline it’s quick and easy to head up to Edinburgh too.
Owning a home for a third less than everyone else on the street isn't a trick or a loophole - it’s a council-backed scheme.
There are qualifying criteria but it’s quick and easy to find out if you’re eligible online. I’m expecting plenty of interest given the bargain price, so get in touch soon to arrange a viewing.
EPC Rating: C Tenure: Freehold Council Tax Band: C
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 13, St. Mary Lane, Morpeth
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