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St. Marks Street, Morpeth, Northumberland, NE61 1QY - Image 1
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St. Marks Street, Morpeth, Northumberland, NE61 1QY - Image 8
St. Marks Street, Morpeth, Northumberland, NE61 1QY - Image 9
St. Marks Street, Morpeth, Northumberland, NE61 1QY - Image 10

St. Marks Street, Morpeth, Northumberland, NE61 1QY

North East

£190,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom semi-detached property presents a noteworthy investment opportunity, situated in the desirable area of Morpeth. While the home features ample living space, including a sizeable lounge and kitchen, it is in need of some refurbishment to reach its full potential. The property benefits from a front and rear garden, ideal for outdoor enjoyment and landscaping possibilities. The layout comprises an entrance hall leading to a spacious lounge, kitchen with fitted units and utility space, alongside three well-proportioned bedrooms on the first floor. Additional rooms include a handy storage area and cloakroom/W.C., enhancing functional living. Conveniently located within walking distance of essential amenities such as Sanderson Arcade's popular shops, healthcare facilities, various dining options, and scenic riverside walks, this property is set in a vibrant community with ample green spaces. With gas central heating and double glazing already installed, there’s a solid foundation to work with, making this property an excellent candidate for renovation and personalisation.

Investment Analysis

(NE61 area)
Area Average
£244/sq ft
Avg Rent (weekly)
£240
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (NE61)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +14.9%
5 year growth: +15.8%
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

St. Marks Street, Morpeth, Northumberland, NE61 1QY
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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
£685
Based on a loan of £142,500 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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