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See how verdicts work2-bedroom house · NE65 9JD
Listing removedReduced £20k (−3.6%) on 21 JunListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a superb position within the prestigious Park Drive area of Swarland, this detached double-fronted home sits proudly within an extensive plot of approximately 1?
Acres, offering privacy, space and exciting future potential.
The generous grounds include a paddock to the far end of the plot, presenting potential for further development (subject to the necessary planning consents), making this a particularly appealing opportunity for those seeking long-term flexibility or investment prospects.
The property itself offers well-balanced accommodation.
To the ground floor are two separate reception rooms, ideal for both formal entertaining and relaxed family living, alongside a spacious dining kitchen and a bright sun room overlooking the gardens.
A convenient downstairs W.C. Completes the ground floor layout.
To the first floor, there is a family bathroom and two comfortable double bedrooms, of which the principal bedroom includes a walk-in in wardrobe, and an en-suite shower room.
Externally, the substantial plot provides ample space for multi-vehicle parking and includes a timber garage and shed, together with a timber cabin benefitting from an electric supply.
Further benefits include a multi-fuelled stove in the living room, with oil-fired central heating via a combi boiler with radiators throughout.
A rare opportunity to acquire a detached home set within significant grounds in one of Swarland’s most desirable addresses, with outstanding potential to enhance or develop, subject to consents.
Entrance porch UPVC double-glazed entrance door and windows | Wall lights | Laminate floor | Part-glazed door to hall Hall Staircase to first floor | Glazed doors to; living room and sitting room living room 18' 2'' x 11' 7'' (5.53m x 3.53m) Dual aspect with UPVC double-glazed windows | Radiator | Wood veneer floor | Multi fuel stove set on a stone flagged hearth and a wood surround sitting room 11' 9'' x 10' 10'' (3.58m x 3.30m) Double-glazed window | Radiator | Wood veneer floor | Part-glazed doors to hall and dining kitchen dining kitchen 11' 9'' maximum x 15' 3'' (3.58m maximum x 4.64m) Fitted wall and base units incorporating; 1.5 drainer sink, integrated dishwasher, space for washing machine and tumble dryer, electric rangemaster cooker with extractor hood, cupboard housing oil central heating Combi boiler Dual aspect with double-glazed windows | Tiled floor | Tiled walls | Ceiling downlights | Radiators | Access to downstairs W.C and storage cupboard | Part-glazed door to sunroom W.C.
Close coupled W.C.
With wet wall splashback | Wash-hand basin with tiled splashback | Chrome ladder style radiator | Tiled floor Under stairs storage cupboard sunroom 7' 0'' x 7' 3'' (2.13m x 2.21m) Double-glazed windows and door | Laminate floor | Part-glazed door to kitchen First floor landing UPVC double-glazed window overlooking rear garden | Doors to bedrooms and bathroom bedroom one 11' 9'' x 12' 1'' plus recess (3.58m x 3.68m plus recess) Dual aspect with double-glazed windows | Radiator | Doors to; ensuite and walk-in wardrobe (hanging rails and double-glazed window overlooking rear garden) En-suite Tiled corner shower cubicle with mains shower | Close coupled W.C with concealed system | Cabinet with wash-hand basin | Chrome ladder style radiator | Fully tiled walls and floor | Double-glazed window overlooking rear garden bedroom two 11' 7'' x 12' 0'' plus recess (3.53m x 3.65m plus recess) Dual aspect with double-glazed windows | Radiator | Shelved linen cupboard | Loft access hatch Bathroom Freestanding slipper bath with claw feet and mixer tap with handheld attachment | Close coupled W.C.
With concealed cistern | Fitted cabinets and drawer unit with mono bowl sink | Fully tiled walls and floor | Chrome ladder style radiator | Double-glazed windows overlooking rear garden Externally Plot size is approximately 1?
Of an acre | Front lawn garden with hedged boundaries and central path | Gate access to the side leading to a gravel drive that continues around to the rear of the property Extensive rear garden with fenced boundaries incorporating a paddock, timber sheds and timber outbuilding Gravelled drive for multi vehicle parking | Paved patio with pergola Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Oil Combi Boiler & Wood Burner Broadband: Openreach Website confirms Fibre to the Cabinet is available within the area Mobile Signal Coverage Blackspot: No known issues Parking: Driveway Mining The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search.
Confirmation should be sought from a conveyancer as to its effect on the property, if any.
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 council tax band: D EPC rating: E
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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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 12, Park Road, Morpeth
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