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Neville Square, Lynemouth, Morpeth

North East

£60,000
Listed on 16/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom end-terraced home in Neville Square, Lynemouth offers a unique opportunity for renovation and investment. While it requires modernization, the property's spacious layout and village location make it an appealing prospect for first-time buyers, families, or seasoned investors eager to enhance its value. Entering the home, you are welcomed by a hallway that leads into a generous lounge filled with natural light from the front-facing double-glazed window. The kitchen, complete with fitting wall and base units, offers ample space for a redesign that can suit contemporary living preferences. Additionally, the conveniently located downstairs W/C adds practicality to the ground floor. Upstairs, you'll find three well-sized bedrooms that cater to various needs—whether it’s designated spaces for family members or potential home office setups. The family bathroom completes the upper level and comprises a traditional three-piece suite. Externally, both front and rear gardens provide outdoor space that can be transformed into private retreats or even landscaping projects. The enclosed rear garden is primarily laid to lawn, presenting an excellent backdrop for gardening enthusiasts or outdoor entertaining. With double glazing and gas central heating already in place, the property is structurally sound and ready for a new owner's vision. Situated in a tranquil village setting with access to local amenities and transport links, this home not only holds significant potential but also promises a rewarding investment opportunity. An early viewing is advisable to fully appreciate everything this property has to offer. Contact our Morpeth office to arrange your visit.

Investment Analysis

(NE61 area)
Area Average
£245/sq ft
Avg Rent (weekly)
£222
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 17.3%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on NE61 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Neville Square, Lynemouth, Morpeth
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