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Crofts Park, Hepscott, Morpeth, NE61

North East

£499,950

Listed on 16/06/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1748 sqft

Description

This four-bedroom detached bungalow is situated on a spacious plot in the sought-after village of Hepscott, presenting a unique opportunity for renovation and investment. The property features a generously proportioned open-plan lounge and dining area, alongside a fitted kitchen and separate utility room, making it a blank canvas for customization. Each of the four bedrooms offers ample space, including a master suite complete with an en-suite shower facility. With a family bathroom and additional WC, this layout is conducive to modern family living or could be adapted for alternative uses. The exterior boasts mature gardens enveloping the home, featuring established planting and various lawned areas, as well as a greenhouse – ideal for gardening enthusiasts. A detached garage and extensive driveway provide practical off-street parking options. Despite its current condition, which allows for personal enhancements, the property benefits from recent updates such as a new boiler and solar panels that come with an appealing feed-in tariff. Its EPC energy rating of B suggests potential energy efficiency improvements could still be made. Conveniently located near Morpeth with excellent transport links to major routes like the A1, this property is surrounded by picturesque countryside walks while being close to essential amenities. This home is perfect for those looking to make their mark through renovations and create a personalized living space in this desirable village setting.

Investment Analysis

(NE61 area)

Above Market Value

This property is priced +17.5% above area average per sq ft

+17.5%
This Property
£286/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£468,202
10% above area average per sq ft
Potential ROI
-19.3%
After renovation
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
13%
Properties sold annually

Local Market Trend (NE61)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +12.3%
5 year growth: +11.0%
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

Crofts Park, Hepscott, Morpeth, NE61
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £374,962 over 30 years at 4.45% 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.

Stamp Duty Calculator

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