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River View, Lynemouth, Morpeth

North East

£65,000
Listed on 28/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached house presents a promising opportunity for both first-time buyers and investors looking to capitalize on its renovation potential. Located within a quaint Northumberland coastal village, the property benefits from a tranquil setting while being conveniently close to essential local amenities, schools, and the picturesque coastline. The layout features a welcoming entrance hallway that leads into a spacious lounge with ample natural light. The kitchen diner is particularly noteworthy, offering room for customization or modern upgrades to suit personal preferences. Upstairs, the two bedrooms provide flexible living spaces that can be tailored to various needs, whether as dedicated sleeping areas or home offices. The property includes both front and rear gardens; the enclosed rear yard comes with outbuildings which could serve as useful storage or workshop spaces. The outdoor areas present opportunities for landscaping or gardening projects, further enhancing the property's appeal. In terms of location, residents will find easy access to nearby villages like Cresswell and Newbiggin-by-the-Sea, while the historic market town of Morpeth offers a broader array of shopping and dining options. Commuters will appreciate the excellent transport links available through local bus routes and proximity to the A1 trunk road and Morpeth’s mainline train station. Given its strategic position and scope for improvement, this property is well-suited for those aiming to enter the real estate market or diversify their investment portfolio. Early viewings are encouraged to fully appreciate its potential.

Investment Analysis

(NE61 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (NE61)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 15.0%
5 year growth: 15.3%
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.

Location

River View, Lynemouth, Morpeth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£238
Based on a loan of £48,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE