3-bedroom terraced house · TD15 2LY
Listing removedListed 373 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming chocolate box cottage in the pretty village of East Ord, close to the village green and pub which currently operates as a successful holiday let.
The cottage is full of character with many period features and is offered in turn-key condition.
The property benefits from three bedrooms, a modern kitchen and bathroom and a delightful garden to the front and a courtyard garden to the rear with outbuildings.
The cottage is just a short walk away from a popular garden centre with a coffee shop and restaurant.
A large national supermarket is also within walking distance and there is a bus stop near the cottage with regular services into the town centre.
Accommodation comprises: Ground Floor: Entrance hall, sitting room, rear hall, bathroom, kitchen-breakfast room, double bedroom. First Floor: Landing, double bedroom, single bedroom.
Outside: Enclosed private front garden, enclosed private rear courtyard with outbuildings incorporating a timber and log store, laundry room, shed and summer house, outside tap and pedestrian access to a side lane.
Unrestricted on-street parking. Distances: Berwick Railway Station 2 miles, Edinburgh 55 miles, Newcastle-upon-Tyne 60 miles (all distances are approximate).
Services: Mains gas central heating, mains water, mains electricity and drainage. EPC: D (55) Council Tax: Assesed to band B Tenure: Freehold EPC Rating: D Council Tax Band: B
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.
Area
Agent & docs
FAQ
About Millfield Place, East Ord, Berwick-Upon-Tweed
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