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Whalton Road, Morpeth, Northumberland, NE61 2YR - Image 1
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Whalton Road, Morpeth, Northumberland, NE61 2YR - Image 5
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Whalton Road, Morpeth, Northumberland, NE61 2YR

North East

£84,000
Listed on 25/01/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom cottage in Morpeth presents a significant refurbishment opportunity for those looking to invest in property. Currently in a state of disrepair, the home is not habitable and requires a complete overhaul throughout. This project will appeal to experienced buyers and developers eager to restore a property to its full potential, creating considerable value once completed. The desirable Morpeth location offers a tranquil community feel, enhancing the investment appeal further. Interested parties can arrange independent viewings, as no accompanied showings will be conducted by the estate agents.

Investment Analysis

(NE61 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
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
29%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +15.7%
5 year growth: +16.2%
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

Whalton Road, Morpeth, Northumberland, NE61 2YR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£303
Based on a loan of £63,000 over 30 years at 4.06% 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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