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See how verdicts work5-bedroom house · NE61 2RF
Listing removedListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you looking to put your own stamp on your new forever home? We have a fantastic opportunity to purchase this extensive five bedroomed family home, located on Priors Walk, Morpeth.
Nestled within a small and well-established community, this property will be a real hit with families due to the space and views over Morpeth common, offering endless amounts of greenery.
This area is hugely attractive to house hunters, not only due to being walking distance to the local first school, but Morpeth Town Centre is a short trip away, where you have an array of local bars, restaurants and river walks all on your doorstep.
The property briefly comprises:- Entrance porch which leads seamlessly into an impressive lounge/diner, with floods of natural light due to the double aspect views, this room is a fantastic space, with direct access into the rear garden.
The galley style kitchen has been fitted with a range of wall and base units, offering an abundance of storage.
Integrated appliances include double oven and combined gas and electric hob with deep fat fryer.
You further benefit from a separate utility space, downstairs W.C, and in addition a spacious conservatory, to relax and enjoy the view.
To the upper floor of the accommodation, you have five generous sized bedrooms, four doubles and one single. Bedroom three benefits from its own sink/vanity unit with mirror and light.
The family bathroom includes fitted hand basin and bath tub. The W.C. Is located next to the main bathroom and there is a separate shower room.
Externally to the front, you have a single garage and driveway, with additional on street parking available.
To the rear of the property, you have a mature level garden which has been laid to lawn, with paved patio area and a pond, plus fantastic views over Morpeth common, a real winner with those who enjoy outdoor living.
With no onward chain, we anticipate a vast amount of interest. Please call us now to arrange your viewing.
Measurements Lounge/Diner: 31’1 x 16’2 Max Points (9.47m x 4.93m Max Points) Kitchen: 12’9 x 8’10 (3.89m x 2.69m) Utility: 13’9 x 9’1 Max Points (4.19m x 2.77m Max Points) W.C: 5’5 x 4’10 (1.67m x 1.24m) Conservatory: 9’9 x 9’1 (2.97m x 2.77m) Bedroom One: 16’0 x 12’8 Max Points (4.88m x 3.86m Max Points) Bedroom Two: 13’8 x 8’9 (4.17m x 2.67m) Bedroom Three: 13’0 x 8’8 (3.96m x 2.64m) Bedroom Four: 13’4 x 8’7 (4.06m x 2.62m) Bedroom Five: 9’10 x 7’11 Max Points (3.00m x 2.41m Max Points) Bathroom: 7’4 x 4’9 (2.24m x 1.45m) Shower Room: 2’10 x 5’4 (0.64m x 1.64m) W.C: 4’9 x 2’4 (1.49m x 0.73m) Primary services supply Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains gas Broadband: Adsl copper wire Mobile Signal / Coverage Blackspot: No Parking: Driveway & Garage Tenure Freehold – It is understood that this property is freehold, but should you decide to proceed with the purchase of this property, the Tenure must be verified by your Legal Adviser.
EPC Rating: Tbc Council Tax Band: D
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.
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FAQ
About 25, Priors Walk, Morpeth
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