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Sleekburn , Morpeth NE61 - Image 1
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Sleekburn , Morpeth NE61

North East

£185,000
Listed on 06/09/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached home offers a fantastic opportunity for renovation and investment. Located on the southeastern edge of Morpeth, the property is ideally positioned to benefit from both tranquility and accessibility. You'll enjoy the charm of a quiet neighborhood while still being just a short distance from local shops, cafés, and transportation links. The layout is well-suited for first-time buyers or those transitioning from shared living arrangements. Step inside to find a bright living room that provides ample space for relaxation. The kitchen opens directly onto the south-facing garden through French doors, allowing for easy outdoor access—perfect for those looking to create an inviting outdoor entertainment area. While the interior currently features neutral tones, it presents an excellent blank canvas for personalization and modernization. With its magnolia walls and white woodwork, potential buyers have plenty of scope to add their own style and upgrades according to their preferences. Upstairs, you’ll find two bedrooms along with a straightforward bathroom equipped with a shower over the bath. The thoughtful design maximizes comfort and functionality. Outside, the property boasts off-street parking on the drive and a sunny rear garden that’s perfect for enjoying warm summer evenings or simply unwinding with a book in hand. Being chain-free enhances this property's appeal, allowing for a smoother transition into ownership without delays. Given its unique renovation potential in a desirable location, this home represents an attractive proposition for investors or first-time homeowners alike. With such promising features and opportunities to enhance value through creative updates, this property warrants serious consideration.

Investment Analysis

(NE61 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£355
Avg Yield
5.1%

Renovation Potential

Est. Renovation Cost
£18,500 - £46,250
10-25% of property value
Monthly Sales
30
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +2.2% over the last 12 months
3 year growth: 19.3%
5 year growth: 18.0%
Investment Disclaimer: Analysis based on NE61 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Sleekburn , Morpeth NE61
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