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First Row, Morpeth

North East

£110,000
Listed on 07/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced house is situated in the desirable village of Linton and presents an exciting opportunity for renovation. While the property requires some updates, it offers a solid foundation for those looking to invest in a home with great potential. The layout includes an entrance hall that leads into a spacious lounge and a separate dining room, providing versatile living spaces suitable for family gatherings or relaxation. The kitchen and utility room are conveniently located on the ground floor, facilitating daily tasks and offering scope for modernisation. On the first floor, you'll find three generously-sized bedrooms along with a family bathroom, making this an ideal setting for families or those seeking extra space. The external features include a well-established front garden that enhances curb appeal, along with a substantial attached garage that houses a WC at the rear—ideal for conversion into additional living or storage space. Located in Linton, residents can benefit from the charm of village life while enjoying easy access to local amenities and transport links. The property is connected to mains electricity, water, and sewerage, with oil heating in place and fibre broadband available, catering to modern connectivity needs. With no onward chain, this property offers investors or homeowners the chance to create their own vision and realize its full potential in a sought-after area.

Investment Analysis

(NE61 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +2.6% over the last 12 months
3 year growth: 15.3%
5 year growth: 15.2%
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

First Row, 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
£403
Based on a loan of £82,500 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