3-bedroom house · NE61 1TN
Listing removedReduced £5k (−1.7%) on 23 JunListed 400 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Rare to the market, this three bedroom terraced property located along the Wansbeck river on Tenter Terrace offers a prime location and spacious accommodation.
Morpeth town centre is just a stone's throw away and offers a wide range of amenities, including high-end designer stores, charming local boutiques, supermarkets, cafes, pubs, and restaurants.
For leisure and outdoor fun, Carlisle Park is just upriver and features riverside walks, rowing boats, bowling greens, tennis courts, and a well-equipped play parkperfect for all ages.
Morpeth is also exceptionally well connected. Positioned along the A1 trunk road, the town offers convenient access to nearby towns and cities by car and public transport.
It also boasts a mainline train station, with regular daily services to both London and Edinburgh, making it an excellent base for commuters and travellers alike.
This property is ideally positioned near both countryside and coastal walks, with Cresswell Beach, Cragside House and Gardens, and Northumberlandia all just a short drive away.
Whether you're looking for peaceful nature trails, historic landmarks, or stunning coastal views, there's something for everyone nearby.
The vibrant city of Newcastle is also within easy reach, offering a wide range of shopping facilities, museums, and cinemasperfect for those who enjoy city life.
The property itself briefly comprises: An entrance porch and hallway, a spacious living room, and a kitchen diner on the ground floor.
Upstairs, there are two double bedrooms, one single bedroom, and a family bathroom.
Externally, the home features a private yard to the rear and a generously sized front gardena blank canvas ready for you to make your own.
This property is in a highly sought after area so early viewing is advised.
Council Tax Band: C Tenure: Freehold Living Room A bright and spacious room with a large bay window, a characterful ceiling rose, carpeted flooring and a central heating radiator.
Kitchen-Dining Room Fitted with a range of wall and base units, electric oven and gas hob with extractor over, space for a washer and fridge, as well as a stainless steel sink with mixer tap.
Two large double glazed windows to the rear yard, as well as an external door. Laminate wooden flooring and a central heating radiator.
Bedroom One Large double bedroom with carpeted flooring, a window to the front of the property and a central heating radiator.
Bedroom Two Double bedroom with carpeted flooring, a double glazed window to front elevation, and a central heating radiator.
Bedroom Three Single bedroom with carpeted flooring a double glazed window to the rear and a central heating radiator.
Bathroom Fitted suite comprising of WC, pedestal hand wash basin, panelled bath and tiled flooring, as well as a large window to the rear of the property.
External To the front of the property is a generous, enclosed garden, and to the rear is an enclosed yard.
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
FAQ
About 2, Tenter Terrace, Morpeth
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