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See how verdicts work3-bedroom house · NE61 1AG
Listing removedListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this spacious and well-presented three-bedroom townhouse, ideally situated in central Morpeth.
Mains Place is a private residential cul-de-sac, quietly tucked away off Newgate Street, yet within easy walking distance of the town centre.
The property offers convenient access to the historic market town of Morpeth, renowned for its excellent mix of traditional independent shops alongside well-known national retailers.
High-quality schooling for all ages is available locally. Morpeth also boasts a wide selection of bars, restaurants, and leisure facilities.
Transport links are well catered for, with local bus services nearby and the A1 providing straightforward access north and south.
The town’s mainline railway station on the East Coast Main Line offers direct services to Newcastle, Edinburgh and other major cities.
For commuters, Newcastle upon Tyne city centre and Newcastle International Airport are both approximately 18 miles away.
Accommodation briefly comprises: Ground Floor: Entrance hall with stairs to the first floor, w/c, storage cupboard, dining kitchen, and garden room.
First Floor: Landing leading to the lounge with a balcony to the front elevation which enjoys the afternoon sun; bedroom two with en-suite bathroom.
Second Floor: Two bedrooms, including the main bedroom with en-suite, and a family bathroom.
Externally, there is a pleasant, enclosed, low-maintenance walled rear garden with chippings and paving stones, trees and shrubs, a garden shed, and an outside water tap — an ideal space for enjoying sunny mornings and al fresco dining.
The front of the property benefits from driveway parking leading to a single garage. For further information or to arrange a viewing, please contact our Morpeth office.
Council Tax Band: E Tenure: Leasehold Length of Lease: 999 years from 19 June 2002 Annual Service Charge Amount: £450.00 Service Charge Review Period: Per Annum Entrance Hall With laminate flooring, central heating radiator and storage cupboard with integrated hoover system available on all floors.
W/C Fitted suite comprising: pedestal wash hand basin with tile splash back and low level w/c. With double glazed window and central heating radiator.
Kitchen 3.549m x 5.185m Fitted with a range of wall and base units complemented by worktops, incorporating a one-and-a-half bowl sink with drainer and tiled splashbacks.
Integrated double oven and induction hob with extractor hood over, along with an under-plinth heater.
Double glazed window to the rear elevation and double glazed sliding patio doors leading through to the garden room.
Garden Room 2.919m x 4.147m Double glazed windows to all three sides and double glazed roof, double glazed door leading to rear garden.
First Floor Landing Lounge 3.448m x 5.183m Double glazed window to the front, double glazed sliding patio doors leading to the balcony, feature fireplace with electric fire, TV point, and two central heating radiators.
Bedroom Two 2.65m x 3.5m Double glazed window to rear elevation and central heating radiator.
En-Suite 1.57m x 2.42m Fitted suite comprising: a walk-in shower cubicle, pedestal wash hand basin and low level WC. With central heating radiator and extractor fan.
Second Floor Landing Bedroom One 3.48m x 3.6m With double glazed window to front elevation, central heating radiator and fitted wardrobes.
Master En-Suite 2.546m x 1.466m Fitted suite comprising: walk-in shower cubicle, pedestal wash hand basin and low level WC.
With central heating radiator and extractor fan Bedroom Three 2.88m x 3.32m With double glazed window to rear elevation and central heating radiator.
Bathroom 1.7m x 2.41m Fitted suite comprising: walk in shower with glass shower screen, W/C and pedestal wash hand basin.
With central heating radiator, extractor fan, cladding to walls and double glazed skylight window Rear Garden A pleasant, enclosed, low-maintenance walled rear garden featuring chippings and paving stones, with trees and shrubs, a garden shed, and an outside water tap.
An ideal space for enjoying sunny mornings and al fresco dining. Integral Garage The front of the property benefits from driveway parking leading to the single garage.
The garage houses the combi boiler, vacuum cleaning system, electric roller door, lights and power, mezzanine storage area.
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 Mains Place , Morpeth, Northumberland, NE61 1AG
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