2-bedroom semi-detached house · NE61 6SF
Listing removedListed 63 days
Opportunity summary
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About
Summary This two-bedroom, semi-detached property is located on Whitefield Crescent in Pegswood, a small ex-mining village in Northumberland.
With local amenities such as convenience stores, cafes and takeaways, an ofsted approved first school and a doctors surgery, everything you need is on your doorstep.
There are regular buses into the larger market town of Morpeth, where there are a wider range of shops including supermarkets, clothing stores, restaurants and leisure facilities, as well as further schools for all ages.
Being located just off the A1 trunk road, the property is well-connected to the North and South, with Newcastle city centre being a short drive away, ideal for those who need to commute.
The property itself benefits from a large lounge and kitchen-diner to the ground floor. To the first floor are three well-proportioned bedrooms and a family bathroom.
Externally, the property has a front yard and rear garden laid with ........., ideal for al fresco dining.
We expect a high volume of interest in the property, for more information or to book a viewing, please call the Morpeth office.
Council Tax Band: A Tenure: Freehold Kitchen Fitted with a range of wall and base units, ceramic sink with mixer tap and drainer, tiled backsplash and, aminate flooring, as well as a double glazed window and external rear door.
Living Room Spacious lounge with carpeted flooring, fireplace, double glazed window to front elevation and two central heating radiators.
Bedroom One Double bedroom with carpeted flooring, central heating radiator and a double glazed window to side elevation.
Bedroom Two Double bedroom with carpeted flooring, double glazed window to rear elevation and a central heating radiator.
Bathroom Fitted suite comprising WC, hand wash basin, panelled bath with shower over and a central heating radiator. Tiled walls, vinyl floor and double glazed window to rear elevation.
External To the front of the property is a front yard, to the rear is an enclosed garden laid with gravel and patio, lined with shrubs for maximum privacy.
Value & comps
No previous sales on record.
Returns
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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 1, Whitefield Crescent, Morpeth
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