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See how verdicts work2-bedroom flat · NE61 1PP
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TOP FLOOR APARTMENT - RIVER VIEWS - NO UPPER CHAIN Brunton Residential present this beautifully presented two bedroom home Enjoying River Views, Juliet Balcony, Refitted Kitchen, and Parking.
The apartment features a dual-aspect living room with French doors to a Juliet balcony, a modern kitchen, two generous double bedrooms with built-in storage, and a well-appointed bathroom.
The property also benefits from excellent natural light, replaced glazing, and a secure communal entrance.
Olivers Mill provides an ideal base with direct access to shops, cafes, restaurants, and transport links.
Offered with no upper chain this will appeal to a variety of buyers as this property combines town living with a picturesque setting.
Internal accommodation briefly comprises: Entrance via a communal stairwell with a secure entry system. The property itself has an entrance hallway with good-sized storage cupboards.
From the hallway, a door leads into a dual-aspect living room which features recently replaced glazing throughout, laminate flooring, and fresh décor.
This bright and airy room enjoys a Juliet balcony accessed via French doors, offering outstanding views of the river and bridge, along with an additional side window overlooking the river weir.
The kitchen has been recently refurbished and includes modern wall and base units, a replaced boiler, and integral appliances, with a window also enjoying views of the river weir.
The apartment offers two generous double bedrooms, the main bedroom benefiting from built-in storage, and a bathroom fitted with a bath and overhead shower.
The development has private parking facilities and visitor spaces are available.
On The First Floor - Hallway - Lounge - 3.50m x 5.40m (11'6" x 17'9") - Measurements taken from widest points Kitchen - 2.58m x 1.95m (8'6" x 6'5") - Measurements taken from widest points Bedroom - 3.43m x 3.47m (11'3" x 11'5") - Measurements taken from widest points Bedroom - 3.24m x 3.07m (10'8" x 10'1") - Measurements taken from widest points Bathroom - 1.80m x 2.32m (5'11" x 7'7") - Measurements taken from widest points Disclaimer - The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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 Olivers Mill, Morpeth, NE61
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