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See how verdicts work2-bedroom house · NE61 6XH
Listing removedListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This deceptively spacious two bedroomed semi-detached home, located on Castle Way, Pegswood is guaranteed to impress!
The property boasts a superb position, tucked nicely within a quiet cul-de-sac, making it ideal for families.
With spacious rooms throughout, a private garden to a the rear and its own garage, we anticipate interest levels will be high.
The village of Pegswood benefits from a good choice of amenities on your doorstep such as a doctor's surgery, pharmacy and local Co-op, whilst you are only a two-mile drive away from the busy and historic market town of Morpeth.
The property benefits from a train station 0.5 miles away, along with having easy access to the A1 at 3.5 mile away.
The property briefly comprises:- Entrance porch, a generous sized open plan lounge/diner with double aspect views over the front and rear garden, creating floods of natural light.
This room is a great space with fresh white walls and beams to the ceiling, which is a great feature.
This leads seamlessly into the kitchen which has been fitted with a range of wall and base units, offering ample storage space and appliances include an electric oven/hob.
To the upper floor of the accommodation, you have two generous sized double bedrooms, both of which have been carpeted throughout and complimented with white walls.
The family bathroom has been recently finished with W.C., hand basin, bath and shower over bath. Externally to the front of the property, you have a private driveway plus a garage.
Whilst to the rear, you have a fully enclosed garden space, which has been laid to lawn. With no onward chain, this is a must view!
Measurements Lounge: 15'6 x 11'5 (4.72m x 3.48m) Dining Area: 19'8 x 7'11 Max Points (6.03m x 2.41m Max Points) Kitchen: 7'11 x 7'4 (2.41m x 2.24m) Bedroom One: 12'4 x 8'8 (3.76m x 2.64m) Bedroom Two: 10'8 x 8'3 (3.25m x 2.51m) Bathroom: 7'6 x 5'7 (2.29m x 1.70m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: Adsl Copper Wire Mobile Signal / Coverage Blackspot: No Parking: Extended Driveway & Garage Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead. EPC Rating: C Council Tax Band: A
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.
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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
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FAQ
About 65, Castle Way, Morpeth
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