4-bedroom house · NE61 6NQ
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please quote reference KK049 when enquiring. Approximately 1.25 acres of land, A Barn And A Blank Canvas Semi - In A Semi-Rural Setting Near The A1 And Only Ten Minutes From Morpeth. No upper chain.
Please note this property is categorised as mixed use (residential/commercial).
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional. Some properties sell a lifestyle.
This one poses a question - what could this become?
On the edge of a Northumberland village, a detached barn and outbuildings, a substantial 4 bedroom semi that needs reinventing from top to bottom, and an open field view that stretches to the horizon.
The raw materials are all here. The house itself is a full-on project, and it makes no apology for that.
Extending to just over 1,750 sq ft across two floors, it needs a full refurbishment throughout - new kitchen, new bathrooms, new everything.
But the structure is sound, the layout has real scope, and the rooms are a good size.
The ground floor has a lounge with an oak beam fireplace and wood-burning stove, original floorboards underneath ready to be sanded back, a kitchen with a sunroom off the rear, two bedrooms and a shower room.
Some of the ceiling colours are a little bold. Strip it all back and there's a genuinely good house here. The first floor is where things get more interesting.
There's a family room up there that runs to over 20ft by 19ft - facing open countryside with views across the fields that most houses at twice the price don't offer.
It's big enough to split into two rooms, or to become a principal suite with a dressing room and ensuite that would make the house feel genuinely luxurious.
Two further bedrooms and a small bathroom complete the first floor as it stands. Chances are you may sacrifice a bedroom or steal a little space to make the bathroom bigger.
The plot runs to approximately two acres in total, with gardens to the front and rear, a large hardstanding area and a substantial detached barn with further outbuildings - the site operated as a cattery and the infrastructure is all still in place.
The location sits at the better end of semi-rural.
Stannington village is quiet, the A1 is only a four minute drive away, and Morpeth - with its independent shops, restaurants and East Coast Mainline rail connections to Newcastle and Edinburgh - is around ten minutes away.
For anyone who wants space and countryside without being genuinely remote, this is well-positioned. For the right buyer, this is the kind of site that comes along once and doesn't wait around.
Get in touch to arrange a viewing and see the land and the opportunity for yourself. EPC Rating: C Tenure: Freehold Council Tax Band: E
Value & comps
No previous sales on record.
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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 starting price
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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
FAQ
About 75, Station Road, Morpeth
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