We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · NE61 5HX
Listing removedListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary ***coastal location - detached bungalow - three bedrooms - lounge with log burner - conservatory - garage - driveway - stunning south facing rear garden - generous plot - no upper chain - view now*** Pattinson Estate Agents proudly present this three bedroom detached bungaklow situated on Cresswell Road in the coastal village of Cresswell, Morpeth.
A beautiful costal location within walking distance of Cresswell beach and Druridge Bay, Cresswell ice cream parlour and the popular Drift Inn Cafe.
Neigbouring towns of Morpeth and Ashington are within easy rteach and offer a good range of shops and supermarkets as well as travel links into Newcastle city centre.
The property has been much loved and well maintained over a number of years and is now ready for it's new owner.
Warmed via air sourced electric heating there is also a mains gas access point at the front should a buyer wish to convert to gas central heating.
There is also Upvc double glazing throughout and solar panels. Briefly comprising; entrance hallway, lounge, kitchen, conservatory, three bedrooms, bathroom and separate w.c.
Externally to the front a private lawned garden with two car driveway leading to the single garage. To the rear a stunning enclosed south facing garden with lawn, patio, mature borders and sheds.
Open countryside views to the front stretching up to the coast. Sold with no upper chain, early viewings are essential. Please contact our Ashington Team to arrange your appointment.
Council Tax Band: D Tenure: Freehold Entrance Hallway Via main access door to the front. Loft access hatch to the ceiling, radiator.
Lounge (6.60m x 4.27m) Windows to the front and side with open views, feature fireplace and hearth with log burner, radiator.
Kitchen (3.97m x 3.39m) Windows to the side and into the conservatory at the rear.
Fitted wood effect wall, floor and drawer units with laminate worktops and tiled splashbacks, stainless steel sink and drainer with mixer tap, plumbing for washing machine, tiled flooring, radiator.
Secure access door to the conservatory. Conservatory (3.1m x 2.9m) Upvc construction with dwarf wall and vaulted roof. Access door into the rear garden, tiled flooring.
Master Bedroom (3.66m x 3.99m) Windows to the front and side, fitted wardrobes with overhead storage, radiator. Bedroom Two (4.02m x 2.98m) Window to the rear overlooking the garden, radiator.
Bedroom Three (3.70m x 2.86m) Window to the side, radiator. Bathroom (2.51m x 2.51m) Frosted window to the rear.
Panelled bath with shower over, wash hand basin with vanity worktop and storage beneath, fully tiled, radiator. W.C Frosted window to the rear, w.c, fully tiled.
Garage (5.24m x 2.30m) Electric roller door to the front, window to the rear and access door into the rear garden.
Value & comps
No previous sales on record.
Returns
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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 Sea Wynds, Cresswell Road, Morpeth
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