Worst House on the Street Logo
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 1
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 2
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 3
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 4
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 5
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 6
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 7
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 8
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 9
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 10
Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG - Image 11

Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG

North East

£500,000
Listed on 25/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2310 sqft

Description

This three-bedroom detached house in the desirable Tranwell Woods area presents a remarkable investment opportunity for those looking to create a custom living space. Set on approximately 0.55 acres, the property is enveloped by mature trees, offering both privacy and a serene environment while maintaining convenient access to local amenities. The home features a spacious layout with an entrance hallway leading to a sizeable breakfasting kitchen, two well-proportioned reception rooms, and three bedrooms, including a master with en-suite bathroom. While the home has been filled with cherished memories over the years, it is poised for transformation into a modern haven that can reflect your unique style. The expansive outdoor area provides ample scope for potential extensions or landscaped designs tailored to personal preferences. Located close to Morpeth’s vibrant town centre, which offers shopping options from high-end boutiques to local cafes and recreational facilities suitable for all ages, this property is positioned perfectly for families and commuters alike. With direct transport links available via nearby bus and train stations, along with easy access to the A1 road network, this home not only promises privacy but also connectivity. This significant refurbishment opportunity should attract considerable interest; early viewing is recommended.

Investment Analysis

(NE61 area)

Below Market Value

This property is priced -11.4% below area average per sq ft

-11.4%
Potential saving
This Property
£216/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£267
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£620,893
10% above area average per sq ft
Potential ROI
+10.9%
After renovation
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

Tranwell Woods, Tranwell Woods, Morpeth, Northumberland, NE61 6AG
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development