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See how verdicts work3-bedroom semi-detached house · NE61 6RZ
Listing removedListed 250 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Signature North East are delighted to welcome to the market this newly refurbished three bedroom semi-detached property, ideally located in Pegswood, near Morpeth.
Set within a peaceful location close to green spaces, the home offers an ideal balance of tranquillity and convenience.
Local amenities are just a short walk away, and Pegswood station is nearby, providing excellent transport links for commuting and easy access to surrounding towns and Newcastle City Centre.
Upon entering, you are welcomed into the central hallway, which also provides access to a convenient ground floor W.C.
The first step leads you into the large living room, offering ample space for your desired furnishings.
A large window allows natural light to flood the room, while a bright feature wall adds a modern feel to the space.
The kitchen offers a plethora of storage through wall and base units, complemented by generous countertop space. From here, you can access the rear garden.
Continuing your journey to the first floor, you will discover three bedrooms.
Bedrooms one and two can comfortably accommodate a double bed along with additional furnishings, while bedroom three is well suited to a single bed and further furnishings.
Completing this floor is the bathroom, featuring a shower, hand basin and W.C. Externally, this home offers a garden mainly laid to lawn, providing an ideal space to relax or entertain.
On-street parking is available at the front of the property, adding further convenience for residents and visitors alike.
Living Room (5.4 x 2.00 (17'8" x 6'6")) Kitchen (3.45 x 2.53 (11'3" x 8'3")) Wc (1.07 x 0.8 (3'6" x 2'7")) Bedroom One (2.67 x 3.88 (8'9" x 12'8")) Bedroom Two (2.98 x 1.9 (9'9" x 6'2")) Bedroom Three (2.67 x 2.28 (8'9" x 7'5")) Bathroom (3 x 1.53 (9'10" x 5'0"))
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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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 41, Patton Way, Morpeth
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