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See how verdicts work2-bedroom terraced house · NE61 2NB
Listing removedListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This extended two-bedroom mid-terraced property, located in the popular Kirkhill area, presents an excellent opportunity for first-time buyers.
Kirkhill offers a range of convenient local amenities including shops, takeaways, a public house, a pharmacy, and an OFSTED-rated first school and pre-school.
The property is also within walking distance of Morpeth town centre, which provides a comprehensive selection of amenities such as supermarkets, independent boutiques, high-end retailers, cafés, restaurants, and leisure facilities.
The accommodation briefly comprises: entrance hallway, an open-plan kitchen/dining/living area, two double bedrooms, and a family bathroom to the first floor.
Externally, the property benefits from off-street parking along with both front garden and rear yard areas. For more information or to book a viewing, please call the Morpeth office.
Council Tax Band: A Tenure: Freehold Kitchen Fitted with a range of wall and base units with complementary work surfaces, a built in fridge, freezer and washer, stainless steel sink with mixer tap, a large double glazed window to side elevation and tiled flooring.
Living Room Spacious living room with a log burning fire, two large double glazed windows allowing a flow of natural light, central heating radiator and solid wood flooring.
Dining Room Solid wood flooring and storage cupboard.
Bedroom One Spacious double bedroom with storage cupboard, wooden flooring, double glazed window to front elevation and a central heating radiator.
Bedroom Two Double bedroom with wooden flooring, central heating radiator and double glazed window to rear elevation.
Bathroom Fitted suite comprising of WC, hand wash basin, walk in shower, tiled flooring and a heated towel rail.
External To the front of the property is an enclosed garden, to the rear is a yard and large driveway.
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

FAQ
About Renwick Walk, Morpeth, Northumberland, NE61 2NB
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