3-bedroom bungalow · NE61 2AD
Sold STCListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in a peaceful area of Morpeth, and offering a large garden to the rear, this semi-detached bungalow is ideal for those looking to put their own stamp on their forever home.
Situated on Green Acres, Morpeth, this is an ever-desirable location with house hunters due to its location to Morpeth town centre.
The historic town of Morpeth is only a short drive away, where you are greeted with an array of local bars, restaurants and delightful river walks to choose from.
The property briefly comprises: Entrance porch, a spacious bright and airy lounge which offers views of the front garden.
The lounge has been fitted with a gas fire, which is the focal point of the room and will be ideal for those cosy winter nights.
To the rear of the property there is the kitchen, which has been fitted with a range of wood wall and base units, offering excellent storage.
This leads seamlessly into the sunroom, which offers picture perfect views of the rear garden.
To the other end of the living accommodation, you have three good sized bedrooms, two doubles and one single. All bedrooms have been carpeted.
The main family bathroom has been fitted with a basin, W.C, and shower.
Externally, the property has a private driveway, small gravel area and a single garage with additional on street parking available.
Whilst to the rear of the property, there is a generous sized enclosed garden, which has been laid to lawn with patio area making it ideal for outdoor entertaining.
With no onward chain, we anticipate interest levels to be high so call now to organise your viewing.
MEAUSREMENTS Porch: 5'2 x 5'0 (1.58m x 1.52m) Lounge: 16'2 x 13'4 (4.93m x 4.06m) Kitchen: 7'9 x 10'5 (2.36m x 3.18m) Sunroom: 13'1 x 7'11 (3.99m x 2.41m) Bedroom One: 10'5 x 11'5 (3.18m x 3.48m) Bedroom Two: 10'11 x 8'5 (3.33m x 2.57m) Bedroom Three: 6'10 x 11'0 (2.08m x 3.35m) Bathroom: 7'7 x 7'1 Max Points (2.31m x 2.16m Max Points) PRIMARY SERVICES SUPPLY Electricity: Mains Water: Mains Sewerage: Mains Heating: Mains Gas Broadband: None Mobile Signal / Coverage Blackspot: No Parking: Private Driveway and 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: D Council Tax Band: B
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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About Green Acres, Morpeth
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