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See how verdicts work3-bedroom house · NE61 6RH
Listing removedListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary This newly renovated, three-bedroom property is located on Hebron Avenue in Pegswood.
Pegswood is a small ex-mining village, offering local shops, The Courtyard Cafe, takeaways and an ofsted approved first school, there is regular public transport to nearby towns such as Morpeth, where there are a wider range of shops, supermarkets, eateries, schools for all ages and leisure facilities.
Morpeth also houses a mainline train station with services running as far as Edinburgh and London.
The property itself briefly comprises; Entrance hallway, snug, living-dining room, equipped kitchen and shower room to the ground floor.
To the first floor are three double bedrooms and a family bathroom. Externally, the property benefits from a driveway and front yard, well as a paved garden to the rear, ideal for al fresco dining.
A brick outhouse provides further storage. This property is ideal for a first time buyer or young family, we expect a high volume of interest, so early viewing is advised.
Council Tax Band: A Tenure: Freehold Living Room Large lounge with laminate flooring, a double glazed window to front elevation, central heating and storage cupboard.
Snug With laminate flooring, built in desks, double glazed window to front elevation and central heating radiator.
Kitchen Fitted with a range of wall and base units, complementary work surfaces, electric hob and oven, sink with drainer and mixer tap and fridge freezer.
Laminate flooring, a double glazed window to rear elevation and tiled backsplash. Utility Space for washer, external door to rear garden and laminate flooring.
Bathroom One Downstairs shower room fitted with WC, hand wash basin, shower cubicle, PVC wall cladding and vinyl flooring.
Bedroom One Large double bedroom with carpeted flooring, a double glazed window to front elevation, central heating radiator and built in storage cupboard.
Bedroom Two Further spacious double bedroom with carpeted flooring, central heating radiator, built in storage cupboard and double glazed window to front elevation.
Bedroom Three With carpeted flooring, storage cupboard, double glazed window to rear elevation and central heating radiator.
Bathroom Two Fitted suite comprising WC, hand wash basin, panelled bath with shower over, double glazed window to rear elevation, tiled walls and laminate flooring.
External To the front of the property is a block paved driveway and gravel front yard.
To the rear of the property is an enclosed yard laid with patio and a small decking area, creating a perfect space for al fresco dining.
As well as this there is a brick built shed, perfect for storage.
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
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FAQ
About 44, Hebron Avenue, Morpeth
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